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Companies To Watch: Amazon earnings beat but stock slumps as big capex looms
Published 7 months, 2 weeks ago
Description
Amazon posted strong revenue growth and solid cloud performance in its latest earnings report, but investors were more focused on an aggressive $200 billion capital expenditure plan and softer near-term profit guidance.
Dan Koh and Ryan Huang break down the latest results, what the numbers say about AWS and core retail, why the stock fell, and what investors need to watch next.
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