What does ‘missing earnings’ mean here really? The number show a minuscule change … and it’s what analysts expected rather than Amazon .
The next quarter’s numbers guidance are lower than what analysts were expecting. To me the question is not what analysts expect but what management does relative to its own guidance. Analysts did not take into account that Amazon would increase its costs. Looking at Amazon, in particular, just another company IMO is a mistake (at least for now). And Andy has been up there for a along time leading AWS since its inception i.e.18 years.
That’s why I am interested in what funds actually sold and why. Scanning a few big ones … there is no evidence they sold anything. So who sold Hedge funds or derivatives speculators? Maybe nobody serious - as far as I can see the company has has this level of volatility at least July 2020.
It’s still up 30% on pre covid levels. The business has grown but also taken on huge numbers of staff quickly which means there are likely some inefficiencies that’ll hit to bottom line
Hedge funds or derivatives speculators? Maybe nobody serious - as far as I can see the company has has this level of volatility at least July 2020.
