Don't kid yourself, Amazon is a consumer company
55% of sales come from the Amazon marketplace, they can't afford higher costs because of their slim margins.
AWS is slowing down, companies who use AWS as their core platform are focused on consumers and will be impacted by consumer slowdown, since the cloud is elastic, its earnings can contract as easily as they have been expanding for a long time.
Can easily see Amazon falls by 60%...
55% of sales come from the Amazon marketplace, they can't afford higher costs because of their slim margins.
AWS is slowing down, companies who use AWS as their core platform are focused on consumers and will be impacted by consumer slowdown, since the cloud is elastic, its earnings can contract as easily as they have been expanding for a long time.
Can easily see Amazon falls by 60%...
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Trading Ideas and Blogs
medium.com/@macro-traders-strategies
Disclaimer
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Discord trading community
discord.gg/yTuNJt2p78
Trading Ideas and Blogs
medium.com/@macro-traders-strategies
discord.gg/yTuNJt2p78
Trading Ideas and Blogs
medium.com/@macro-traders-strategies
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.