AMZN retail business is weak,AWS which has always been a winner,now is facing some headwind as customers are cutting back .
even if they hold on to your fund,it is not going to make any difference to its earnings.
Most Wall Street investors/traders expect first qtr earnings to be down substantially.
Going forward,it could get worse as more people are being layoff.
LYFT just announced on Friday,20% cut (or is it 30%).
Wholefood also announced layoff,AMZN and META said previous layoff is not enough,more cuts are on the way.
AMZN just released earnings,not that bad
Domino Pizza announced good earnings but its stock is down 19 points.
People do not want to pay $4 delivery fee .
Last edited by TGMT²; 04-27-2023 at 09:47 PM.
Reason: double posting
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