Why Amazon's Q2 Earnings Report Should Force Investors to Look at the Stock Differently
Amazon (NASDAQ: AMZN) investors reacted well to its second-quarter 2023 earnings report. The stock price rose 8% the day after the release and continues to increase.
That positive reaction comes despite the fact that its cloud-computing arm, Amazon Web Services (AWS), saw a significant slowdown in growth. Also, a closer examination of Amazon's e-commerce segments may point to more struggles that investors may not have noticed.
That suggests shareholders may need to start looking at this company from a different perspective.
Source Fool.com