Amazon Shares Sink on Outlook. Is This a Buying Opportunity in the Stock?
Shares of Amazon (AMZN 1.74%) slipped as investors were disappointed with the company's first-quarter revenue forecast. However, the company remains very upbeat about its opportunities in artificial intelligence (AI), calling it a once-in-a-lifetime opportunity and the biggest technological shift since the advent of the internet. Amazon' stock is still up about 35% over the past year, as of this writing.Let's dive into the company's fourth-quarter results and guidance to see if this is a good opportunity to ...