kookieman
2023-06-16

Debt has jumped from $24bn to $55bn in 4 years for a 80% rise in revenue but a net loss in 2022.

Can or will Amazon reverse this with cost cuts alone? If they start losing AWS market share to Microsoft, Alphabet, Oracle and IBM, then their cash cow is under threat.

There's no money in whole foods, or the echo or kindle and delivery costs have risen sharply.

Is Amazon at a peak?

they offloaded at $130, taking a loss. $Amazon.com(AMZN)$

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment