Reported 2 months ago
Amazon's recent earnings report showed mixed results, with adjusted earnings per share exceeding expectations but revenue falling short, leading to a decline in trading. Analyst Nick Jones emphasized that despite the disappointing Q3 guidance, Amazon is still focused on global expansion and enhancing delivery speed, highlighting the unique combination of its retail and advertising opportunities. Overall, he asserts that the company, while massive, is still very much in growth mode.
Source: YAHOO