Amazon reports Q3 2018 earnings
Amazon's third-quarter earnings beat Street estimates, but its revenue and fourth-quarter outlook fell short of expectations, dropping its stock 10 percent in extended trading.
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Well Good for the firm...if only they have better pay for each of their employees.
The stock is getting slammed this morning. It is pulling the entire market down.
This is one of the most powerful companies in the world. It changed the face of retail yet still only has about 10% of all sales. They are no where near a monopolistic force. They are also, along with Microsoft, starting to dominate cloud.
They are very strong in the cloud provider scene, I as an engineer have used it already in a couple of jobs to host applications and use their infrastructure. :)