Amazon plunges after hours after reporting net loss of $3.8B



Deirdre Bosa reports Amazon’s earnings for ‘Closing Bell: Overtime.’ Watch 2022 Berkshire Hathaway Annual Shareholders Meeting with Warren Buffett and Charlie Munger on Saturday, April 30 at 9:45 a.m. ET 

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29 thoughts on “Amazon plunges after hours after reporting net loss of $3.8B”

  1. The SEC, yet again, not fulfilling their obligations to the citizens of the USA. Amazon, again, using accounting techniques to drive small businesses out while they monopolize logistics, economies of scales & procure real estate to write down profits. But, U sheep love that Amazon Prime & "Free Shipping" Wake Up Morons!

  2. I'm really happy for today ??. I finally got my profit of $330,000 on my crypto investment after feeling so ecstatic and heavy minded that nothing good can come out of it…a big thanks to Dmitry Goldin . I learned a lot about buying when there is fear in the market . I use to get shaken out and panic sell but now I buy more when I see the low prices.

  3. Is it possible that the pandemic might cause a problem for Amazon for years to come? They had to scale up the number of their fulfillment locations (and trucks) like crazy in order to handle the increase in volume. Now that things are dying down and will soon-ish get back to pre-pandemic levels, they might get stuck with a lot of underutilized assets.

  4. buy foodgas or spend on amazon people are hurting now the companies are also maybe they shouldn't have donated to the dems … maybe jeff should sell the yacht and stay on the planet

  5. I doubt amazon has any clout in the e-commerce sector. Just like how they have flushed out competition by flooding the market with unhealthy discounts, a new player can very well come up. Yes it is tough to bet Amazon in the pricing game but Amazon cannot keep giving cheap 1 day delivery indefinitely.

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