Adieu to ‘22 and Our Charts of the Year! 12/30/22
CNBC's "Fast Money"
00:00
I'm Glad We're Playing It Tonight
With Amazon, I think the market Scott's sort of the profitability issues this year are a little bit wrong. Over the next year or so, you're probably going to see gross margin expansion as that revenue mix shifts away from the traditional merchandising business over to more services. The price to sales ratio is right back to where it was in the mid 2000s. For those reasons, I'm more optimistic on metaverse going forward.
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