Amazon Gets Crushed

Amazon got crushed, down more than 10%, today as they lost $473 million in the last three months.

Throwing money around comes easy for Jeff Bezos, almost a trademark at this point. But at some point, doesn’t Amazon have to become a profitable company?

Clearly, yes.

So the better question is, “When?”

After today’s shellacking, the answer seems to be sooner rather than later.

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