Investors Shouldn't Ignore Amazon's Slowing Growth - NewsBreak
By Sain in Business
Updated 2 years ago
Last month, Amazon released somewhat disappointing results for the second consecutive quarter. Amazon expects modest sales growth by historical standards and plunging profitability in the fourth quarter. While Amazon Web Services is extremely valuable, that business alone can't justify Amazon's $1.8 trillion market cap. Late last month, Amazon.com (NASDAQ:AMZN)...