Amazon.com’s Q2 results better than feared

Trending News ☀️

North America revenue came in 5.2% above consensus, but international revenue missed estimates by 7.8%. Despite the mixed results, investors appeared to be relieved that Amazon’s ($NASDAQ:AMZN) performance was not worse than feared, and the stock was up in after-hours trading. It remains to be seen how long the relief will last, and whether Amazon can continue to outperform expectations as the pandemic continues to weigh on the global economy.

Market Reaction

On Tuesday, Amazon.com stock opened at $134.7 and closed at $134.2. This was better than feared, as analysts had predicted a drop in stock prices. Amazon.com attributed this success to its focus on customer satisfaction and innovation.

VI Analysis

The company’s fundamentals reflect its long-term potential. The following analysis of Amazon.com is made simple by the VI app. Based on the VI Risk Rating, Amazon.com is a low-risk investment in terms of financial and business aspects. You may check out what are the business and financial areas presenting potential risks on our website.

Summary

When Amazon.com released their Q2 results, it was better than what investors had feared. There are a few reasons why Amazon.com is a good investment. First, they are the leader in e-commerce and continue to grow at a rapid pace. They also have a diversified business model, which includes cloud computing, digital media, and consumer electronics. This gives them a buffer against economic downturns. Another reason to invest in Amazon.com is their strong balance sheet. They have no debt and plenty of cash on hand to weather any storms. They also have a history of profitable growth, which is always a good sign for investors. Overall, Amazon.com is a solid company with a strong track record. They have a diversified business model and a strong balance sheet. These are two important factors that make them a good investment.