HomeInvestingEarningsAmazon's (AMZN) Disastrous Earnings
Amazon's (AMZN) Disastrous Earnings

Amazon (AMZN) has been the least surprising surprise so far of the earnings season, says Jan Rogers Kniffen. He discusses the takeaways from AMZN's earnings. He talks about how nothing was better-than-expected or even as-good-as-expected, and its guidance can only be described as a disaster. He also goes over how its growth has slowed so much that its way overspent on capital and can probably slow down those expenditures for the next three years. He then mentions retail expectations ahead of the holiday season. Tune in to find out more about the stock market today.

Trading 360

28 Oct 2022

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