ST Alpha - "It's not really the loss or the Rivian thing from what I can tell. It's that they forecast sales to be sluggish in 2Q (overall amazon sales)" (Reading a Post)

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In response to "Amazon stocks drop by around 10% at report of $4B loss (on Rivian)" by colin

It's not really the loss or the Rivian thing from what I can tell. It's that they forecast sales to be sluggish in 2Q (overall amazon sales)

Posted by ty97 Apr 29 '22, 08:14

And they said they are no longer looking to expand staffing or physical space. They are now looking at 'efficiencies' within what they have.

None of that screams 'growth'. The opposite really

Responses:

You mean they can't maintain indefinite astronomical growth? -- nm - Mop Apr 29, 08:20 1
- All he needs to make a trillion again is to release a variant the vax can't stop, we'll be back to ordering everything delivered again -- nm - zeitgeist Apr 29, 11:02

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It's not really the loss or the Rivian thing from what I can tell. It's that they forecast sales to be sluggish in 2Q (overall amazon sales)

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