QQQ 290.27 (-2.02%)

AAPL 143.00 (-2.01%)

MSFT 242.71 (-2.20%)

META 147.06 (-3.08%)

GOOGL 96.94 (-2.45%)

AMZN 100.55 (-1.65%)

TSLA 166.66 (-6.32%)

NVDA 191.62 (-5.91%)

NIO 12.02 (-5.43%)

BABA 111.20 (-6.07%)

AMD 72.45 (-3.91%)

T 20.16 (+1.05%)

MU 61.71 (-3.38%)

F 12.89 (-2.86%)

CGC 2.84 (-3.07%)

GE 80.83 (-2.88%)

DIS 107.59 (-1.78%)

AMC 5.01 (-9.07%)

PFE 43.55 (-0.55%)

PYPL 79.64 (-2.68%)

NFLX 353.11 (-2.12%)

QQQ 290.27 (-2.02%)

AAPL 143.00 (-2.01%)

MSFT 242.71 (-2.20%)

META 147.06 (-3.08%)

GOOGL 96.94 (-2.45%)

AMZN 100.55 (-1.65%)

TSLA 166.66 (-6.32%)

NVDA 191.62 (-5.91%)

NIO 12.02 (-5.43%)

BABA 111.20 (-6.07%)

AMD 72.45 (-3.91%)

T 20.16 (+1.05%)

MU 61.71 (-3.38%)

F 12.89 (-2.86%)

CGC 2.84 (-3.07%)

GE 80.83 (-2.88%)

DIS 107.59 (-1.78%)

AMC 5.01 (-9.07%)

PFE 43.55 (-0.55%)

PYPL 79.64 (-2.68%)

NFLX 353.11 (-2.12%)

QQQ 290.27 (-2.02%)

AAPL 143.00 (-2.01%)

MSFT 242.71 (-2.20%)

META 147.06 (-3.08%)

GOOGL 96.94 (-2.45%)

AMZN 100.55 (-1.65%)

TSLA 166.66 (-6.32%)

NVDA 191.62 (-5.91%)

NIO 12.02 (-5.43%)

BABA 111.20 (-6.07%)

AMD 72.45 (-3.91%)

T 20.16 (+1.05%)

MU 61.71 (-3.38%)

F 12.89 (-2.86%)

CGC 2.84 (-3.07%)

GE 80.83 (-2.88%)

DIS 107.59 (-1.78%)

AMC 5.01 (-9.07%)

PFE 43.55 (-0.55%)

PYPL 79.64 (-2.68%)

NFLX 353.11 (-2.12%)

QQQ 290.27 (-2.02%)

AAPL 143.00 (-2.01%)

MSFT 242.71 (-2.20%)

META 147.06 (-3.08%)

GOOGL 96.94 (-2.45%)

AMZN 100.55 (-1.65%)

TSLA 166.66 (-6.32%)

NVDA 191.62 (-5.91%)

NIO 12.02 (-5.43%)

BABA 111.20 (-6.07%)

AMD 72.45 (-3.91%)

T 20.16 (+1.05%)

MU 61.71 (-3.38%)

F 12.89 (-2.86%)

CGC 2.84 (-3.07%)

GE 80.83 (-2.88%)

DIS 107.59 (-1.78%)

AMC 5.01 (-9.07%)

PFE 43.55 (-0.55%)

PYPL 79.64 (-2.68%)

NFLX 353.11 (-2.12%)

Amazon Stock Down But Not Out For 2023

Mon., January 16, 2023

Even an e-commerce giant like Amazon hasn’t been spared from the economic slowdown. For some consumers inflation took away their purchasing power. Others switched their discretionary dollars from stuff to experiences. And businesses are cutting back on cloud spending as well. So much for AWS saving the day.

Revenue growth is slowing and earnings are down year-over-year. This is reflected in AMZN stock. But as Markoch points out, none of these threaten Amazon’s long-term business. When the economy turns around, Amazon will be just fine. But should you buy the stock? Give this a watch to find out.

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Chris Markoch

Chris Markoch, Guest

MarketBeat Contributor, MarketBeat

Chris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.

Laycee Kluin

Laycee Kluin, Host

Digital Marketing Strategist, MarketBeat

As MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.

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