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Does anyone feel lile commenting on why stock price fell after this?
Proof I have no idea how the stock market works: “Wow, that’s insane, their stock must have popped back over 2k because of this news!” checks ticker “Down 2.5% after hours...?”
Earlier quoted context omitted.
Yet Alibaba's revenue for all of 2018 was $55B USD, compared to $232B USD for Amazon. I see that one day sale thing appear in many mentions of Amazon and it might be a little...misleading.
Am I missing something or are Alibaba seriously making more than half their annual sales in one single day?
Earlier quoted context omitted.
As always, it's due to the results being below Wall St estimates that are already priced into the stock which is still trading at an insanely expensive 100 P/E ratio.
Price/Sales is 4.01, lower than GOOG, FB or MSFT. They are going for growth, not profit. No valuation metric is perfect, but P/E is particularly useless for this company.
LOL so just forget any changes to inventory commingling and counterfeit merchandise.
But fundamentally sales going up has nothing to do with counterfeit goods.
Does anyone feel lile commenting on why stock price fell after this?
Plus, AWS growth dropped to 37% from 49%, year over year. I consider that a great number given their size is approaching that of Oracle. However, every headline likes to hang on the persistent decline in AWS growth. It's a very large part of what's propping up the enormous AMZN valuation. As goes AWS, so goes the AMZN stock.
Proof I have no idea how the stock market works: “Wow, that’s insane, their stock must have popped back over 2k because of this news!” checks ticker “Down 2.5% after hours...?”
Revenue growth slowed due to the cost of one day shipping. It's not about revenue being up, but how much revenue is growing. If revenues go up some large amount, but it's up by less percentage wise than it was up last year that means growth is slowing.
$14B in goodwill! Crazy.
Proof I have no idea how the stock market works: “Wow, that’s insane, their stock must have popped back over 2k because of this news!” checks ticker “Down 2.5% after hours...?”