LaptopLiz
07-31

$Amazon.com(AMZN)$

Not good

Amazon.com (AMZN) is responsible under US law for more than 400,000 hazardous products being offered on its platform by third parties and should pursue a recall of the sold items, the US Consumer Product Safety Commission said Tuesday. Amazon shares were falling 0.7%.

Plus Microsoft missing

Amazon Missed: Time to Bottom or Sell?
Amazon shares slide on revenue miss, disappointing guidance for third quarter. Amazon reported weaker-than-expected revenue for the second quarter and issued a disappointing forecast for the current period. Amazon’s cloud business exceeded analyst estimates, but it’s advertising unit came up short.
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Comments

  • fizzzi
    07-31
    fizzzi

    I think MSFT spooked AMAZON. If Azure numbers were so bad 8% below target then the assumption is Amazon's numbers are not going to be much better. Thats the reason why Amazon is down.

  • pixiezz
    07-31
    pixiezz

    $175 was a gift and most of retail money doesn’t buy in extended hours…. For anyone that did well down.

  • cheerzy
    07-31
    cheerzy

    Only thing that can save AMZN from falling further is a good ER. Otherwise, this is going down even more😖

  • nimbly
    07-31
    nimbly

    I’m always gonna buy Amazon , don’t care what the price is cause it’ll pay off in 20 years

  • dimpy
    07-31
    dimpy

    I loaded up this is a long hold

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