
Amazon sinks after revenue miss and Robinhood’s disappointing debut
CNBC's "Fast Money"
00:00
Amazon Is Growing Into the Valuation
The stock ran 15 % or so, even though it's been somewhat sideways. Sales growth there not only beat consensus, but also showed a sequential acceleration tim for the second story quarter. The operating income's going o be up 75 to 80% year over year. Those ad services and other up 88%. i think actually, amazon is growing into the valuation. I think amazon can pull some of the levers.
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