Thread regarding Amazon (AMZN)

A chance to grab some Amazon shares on the cheaper

Get Ready For Amazon's Worst Quarter In History

  • Amazon's 4th quarter EPS was juiced by $11.8 billion because of mark-to-market accounting for their Rivian stake.
  • At the date of that valuation, Rivian stock was north of $100. Now, it’s been chopped in half.
  • Because of this, Amazon is about to report its biggest quarterly loss in their 25 years as a public company.
  • When this ugly EPS headline hits the tape, it may create a buying opportunity after hours or in the days to follow.
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