Amazon is the worst performing stock in the Nasdaq 100. Here's a read on earnings
Let's hear from Mackenzie Sagalos with more on Amazon's quarter. Matt, >> hey Mike. So that's right.Amazon is now in the red for the year, underperforming its fellow hyperscalers. Now investors had been counting on a strong AWS turnaround this quarter. And while cloud does remain the company's profit engine, posting its first revenue beat in a year.You've got growth stuck at around 17%. Margins are thinner and its share of overall operating income is shrinking. And the deeper issue here is that AWS isn't ge ...