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AMZN is getting hammered after hours but this looks like it's mostly the strength of the dollar that's hurting their business abroad rather than insane amounts
by khuey 4y ago
AMZN is getting hammered after hours but this looks like it's mostly the strength of the dollar that's hurting their business abroad rather than insane amounts of spending.
- kgwgk 4y agoTheir domestic business is losing money as well.
- samspenc 4y agoAlso due to their weak outlook for the next quarter (Q4).
- colinmhayes 4y ago-$20 billion free cash flow can't be good. Not quite meta levels of bad but really not too far off. Retail can't figure out how to make money, even with billions in ad sales.