​Amazon Jumps On Record AWS Profit Margin, Solid Holiday Quarter Guidance – Tyler Durden

Amazon Jumps On Record AWS Profit Margin, Solid Holiday Quarter Guidance As we noted in our preview earlier, Hedge Funds are getting picky into the quarter. While most were short as given a perceived miss below Street for Q4 EBIT, some have covered as downside (if any) would be short-lived with investors having messaged a “buy-the-dip” mentality. Investors are starting to understand the variability of operating income and there is a general agreement that this is the best capital allocator in the space, so would rather Amazon invest than harvest profit dollars. The bull case continues to center around prospects…  — Continue at ZeroHedge News : Read More