Soft patch for Amazon
@Tiger_Wealth：
Look beyond the temporary weakness Amazon is the last FANG (Facebook, Amazon, Netflix, Google) company to report earnings. Here are my insights: Dismal sales guidance for 4Q 2022 Slowdown in cloud computing Valuation opportunity for investors Dismal sales guidance for 4Q 2022 For 3Q2022, Amazon reported 15% growth in net sales to $127.1 billion, slightly below expectations of $127.64 billion. EPS rose to $0.28,exceeding expectations of $0.22. With the COVID pandemic largely over, shoppers are heading back to physical stores. This is observed in Amazon’s latest earnings result. Net sales for physical stores surged 10% to $4.69 billion, above expectations of $4.68 billion. But net sales for online stores disappointed expectations of $54 billion, with only a 7.1%