Not Saying Downside Overdone, ‘I Figure Tomorrow’s Pretty Ugly’

On Thursday, Amazon.com, Inc. (NASDAQ:AMZN) shares slid sharply in after-hours trading despite a fourth-quarter revenue beat. Amazon reported fourth-quarter net sales of $213.39 billion, up 14% year over year and ahead of Wall Street expectations of $211.30 billion, according to Benzinga Pro. The company guided first-quarter revenue to a range of $173.5 billion to $178.5 … Read more