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Transcripts For CNBC Fast Money 20240713

Amazon big quarter josh lipton live in san francisco. Besides the bottom and top obviously investors concentrate on the q 4 guided are guidance light. Between 86 and 86. 5 billion. Obviously for investors thats critical q 4, the Holiday Quarter dy just have a call with amazon cfo brian osafe ski. There are onetime items he mentioned weighing on q 4. He mention add consumption tax kicking in japan, from 8 to 10 . That created prebuying in september having a net negative impact in q 4. But the central question for investors is going to be the bottom line guidance well below what the street was looking for. On the call he fielded a lot of questions about that is it all oneday shipping he made it clear they are in investment mode and do believe where they need to be. They believe there is cost in the short run. He believes thats where amazon needs to be and there is evidence he says its paying off. Good increase in purchase behavior ....

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