InvestorsHub Logo

littlejohn

07/31/22 5:19 PM

#10951 RE: e-ore #10950

Amazon lost 20 cents versus expected profit

of 12 cents in 2nd quarter...

Despite convential wisdom that a

stock declines on an Earnings miss,

Wall Street said, 'Atta Boy'...

over 10% Daily gain on Friday...

https://finance.yahoo.com/quote/AMZN?p=AMZN

posted loss instead of profit...

https://www.investors.com/news/technology/amazon-stock-soars-in-reaction-to-earnings-report/?src=A00220

Amazon cut record number of

employees in 2nd quarter...

Wall Street said 'Atta Boy'...

https://www.bizjournals.com/seattle/news/2022/07/29/amazon-employee-headcount-decline-warehouses.html?utm_source=sy&utm_medium=nsyp&utm_campaign=yh


Amazon cutting a record number of

employees in 2nd quarter, 2022 is

counter news that many say employment

is stable during 2nd quarter in a row

for GPD contraction in U.S....


Amazon earnings do tell a lot when

looking behind the Green Paint...


So we watch...LJ