> Net loss was $2.7 billion in 2022, or $0.27 per diluted share, compared with net income of $33.4 billion, or $3.24 per diluted share, in 2021. > 2022 net los

> Net loss was $2.7 billion in 2022, or $0.27 per diluted share, compared with net income of $33.4 billion, or $3.24 per diluted share, in 2021. > 2022 net loss includes a pre-tax valuation loss of $12.7 billion included in non-operating income (expense) from the common stock investment in Rivian Automotive, Inc., compared to a pre-tax valuation gain of $11.8 billion from the investment in 2021. So, not counting the rivian investment, they gained ~$10B? This just feel like accounting crap to me. The business itself is still growing. The rivian stock has just been moving like a rollercoaster the past two years. And Amazon didn't invest in rivian for the capital gains, they did it to jumpstart their own EV delivery fleet. Not very impressive results, but this doesn't exactly spell doom for the company. Reading the comments here would make you think otherwise... https://press.aboutamazon.com/2023/2/amazon-com-announces-fourth-quarter-results https://press.aboutamazon.com/2023/2/amazon-com-announces-fo...