Amazon stock drops sharply during earnings call after company warns of increased investments
Amazon’s fourth-quarter results beat estimates, but weak guidance and general concerns about slowing growth and heavier investments in 2019 dragged the stock down in after hours trading. Here are the most important numbers: EPS: $6.04 vs. $5.68 estimated, according to Refinitiv Revenue: $72.4 billion vs. $71.9 billion estimated, according to Refinitiv AWS: $7.43 billion vs. … Read more