MM110: The importance of AI, cloud computing and advertising at big tech firms
Market Maker
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Amazon's Share Price Drops All the Way Back to Flat
Amazon said something that kind of contradicts what we were hearing from the others, because their share price then dropped all the way back to almost flat. Amazon are the only ones that from their guidance outlook for quarter two have indicated that maybe this recession is beginning we're beginning to see signs of it. It's just odd that none of the others really mentioned this and their guidance was quite positive. So I don't know who to believe because both of their businesses, their revenues increased weirdly the same amount.
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