Amazon's Dim Q3 Operating Income Outlook: Should You Hold the Stock?
Key Takeaways Amazon stock fell 7% despite beating Q2 earnings due to disappointing Q3 operating income guidance.AWS growth of 17% lags Microsoft Azure's 39% and Google Cloud's 32% expansion rates.AMZN plans over 167.7 billion, surpassing the Zacks Consensus Estimate by 3.32%, while earnings per share of $1.68 significantly beat the consensus mark by 26.32%. Despite ...