Amazon earnings were good, but were they good enough?

Amazon reported better than expected earnings and substantial revenue growth yesterday after close, but those good results were partially tempered by disappointing growth in Amazon's cloud computing business. While these results are overall a positive for the market, they may not be enough to reverse the recent selloff in stocks as earnings season has generally been just ok, while the market was largely positioned for excellence, largely driven by AI Mania.

Support the Channel on Patreon: https://www.patreon.com/NobodySpecialFinance
Support the Channel by Buying Me a Coffee
https://www.buymeacoffee.com/nobodyspecial
Support the Channel with Melon Merch by TeeSpring:
https://nobody-special-finance.creator-spring.com/

Join My Discord for More Discussion, Q&A, and News: https://discord.gg/njvf3DPPrF

Affiliate Links:

Use this link to get $10 in free Bitcoin with Swan: https://www.swanbitcoin.com/NobodySpecial/
Save $50 Crypto Tax Preparation with Pro Bitcoin Solutions: https://probitcoinsolutions.com/NSF

Recommended reading (Amazon Affiliate links):
Rich Dad Poor Dad by Robert Kiyosaki: https://amzn.to/3rJvA7Y
Atomic Habits by James Clear: https://amzn.to/423Odoy
Why We Need The Fed (blank gag book) by Joe Brown: https://amzn.to/403amBS

Follow me on Twitter: https://twitter.com/JG_Nuke
Follow me on Gettr: https://gettr.com/user/nobody_special_
Follow me on Gab: https://gab.com/NobodySpecialFinance
Follow me on Reddit: https://www.reddit.com/user/JG-NUKE

#AmazonEarnings #PCE #recession