HomeLifestyleMediaWhy Amazon's (AMZN) 2Q Guidance Is Overshadowing Any Upside
Why Amazon's (AMZN) 2Q Guidance Is Overshadowing Any Upside

Kevin Riley discusses takeaways from Amazon's earnings, which he says the biggest surprise was the write down of Rivian shares of $7.6B. He's not sure why the write down was not better telegraphed to the industry. AWS revenue was slightly better-than-expected, and guidance for the current quarter is really what has led to selling in the stock. Tom White then looks at example strategies to utilize while trading Amazon.

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