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Should You Buy Amazon Stock? Fundamental Performance Analysis
Amazon, the e-commerce giant, had a challenging year in 2022 as its operating income dipped below zero. However, the bright spot in their portfolio was Amazon Web Services (AWS), the cloud computing platform, which delivered a robust operating income of $6.5 billion. This impressive performance occurred during a period when the US inflation rate hit its peak at 8.2%. Fast forward to June 2023, and we've witnessed a significant drop in the annual inflation rate to a mere 3%. T

Intrendias
Oct 8, 20233 min read
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