jogoso2014 t1_iu1urjs wrote
Reply to comment by cagenragen in Amazon Shares Tumble On Q3 Earnings Miss - The launch of NFL Thursday Night Football and 'Lord of the Rings: The Rings of Power' marked arguably the biggest launches yet for the video streaming platform by Neo2199
Their cloud services are what dragged the stock down. It made less profit than before.
Whether steaming makes them money or not is irrelevant if Wall Street factors that into the price which they do and they had a good quarter on the streaming side.
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