Amazon Is Down $861 Billion Since November...
发布时间 2022-05-13 19:00:07 来源
摘要
You would think that the pandemic has served Amazon extremely well, but this is not really the case. While Amazon stock did have a nice rally right after the pandemic began, ever since this rally ended, Amazon stock went on to just go sideways for 2 years. And now, with Amazon posting their first quarterly loss in several years, we saw Amazon stock drop out of their 2 year-long sideways channel. To make things worse, Amazon is projecting subpar growth for the next few quarters and we may very well see Amazon put in a year of single-digit revenue growth. All of these factors have caused Amazon stock to plummet into the abyss with the overall company shedding $861 billion since November. On top of all this, innovative physical retailers are starting to stage a comeback against e-commerce and AWS is still having to prop up Amazon’s retail business, so the future of Amazon stock is looking quite uncertain. This video explains the reasons that Amazon stock is selling off and the future of Amazon.
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Timestamps:
0:00 - The State Of Amazon
1:20 - Lack Of Growth
4:21 - Rising Costs
7:17 - Physical Retailers
9:16 - Amazon’s Dark Horse
10:31 - Future Outlook
Thumbnail Credit:
Chesnot
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Eric Baradat
https://bit.ly/39UMoQE
Resources:
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