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Amazon Crashes After Reporting Catastrophic Guidance, Worst Revenue Growth In Decade

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero ....

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Amazon Hits Record High On Blowout Earnings And Guidance

by Tyler Durden
Thursday, Apr 29, 2021 - 04:10 PM
With the bulk of the FAAM(N)G stocks reporting somewhat mixed earnings so far, with NFLX and MSFT disappointing offset by solid results from Google and Apple (although one wouldn t know it looking at today s stock price), investors were keenly looking for a tiebreaker from today s Amazon earnings, where according to Bloomberg, the biggest question for Amazon is how sustainable are the growth trends that boosted its performance during the pandemic. The Internet giant was one of the biggest beneficiaries of shifts in consumer and business behavior last year.
Many consumers flocked to buy things online as they wanted to avoid infection at physical stores. Further, Amazon Web Services revenue soared on back of rising usage from Internet digital services - including remote-working software, videostreaming and gaming. But with the wider available of vaccines and as employees start to return to physical offices, the risk is so ....

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