Shares of the company nevertheless fell 1% to $1,945 in premarket trading., that was below what analysts were expecting. The company is also making expensive investments in shipping for its Prime members and is seeing increased international competition and regulatory challenges.
"Still, we believe investors will prefer the trade-off of profits for growth & we like how AMZN continues to raise the bar in online retail."
Analysts are a joke. Their estimates are just educated guesses. How can they possibly know all the facets of how Amazon spends its profits. The miss of 20 cents is just margin of error in the analysts estimate. So silly
Bullish or Bullsh!t?
If they actually did the numbers right when Amazon Amazon doesn’t make that much money it is losing money but they’re faking their numbers to make it look good
Bag holders
It should be neutral to sell. They forecast down. Same with Ba.
One word,'Commission'!
That's because they all own it.
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Source: BusinessInsider - 🏆 729. / 51 Read more »