1.Investing in an EV manufacturer is a risky move that would probably pay off in the long term(after 10+ years).
2.Amazon had a growing business during the pandemic. The pandemic is now over, it's pretty normal for online sales to drop.
3.I don't think that AWS is the biggest part of Amazon. This isn't a "make or break" situation. I'm sure that Amazon Web Services will be fine
I don't feel sorry for Amazon. We should feel sorry for all the small businesses, that were killed by Amazon.
This is 100% true and a fact. Just because they spent more money doesn't mean that they are dying, they still had insane amount of profit but they just ended up spending a lot and that is why it looks like a loss. Hell these companies have cash reserves as big as their entire operational costs, which means that for the year of 2023 they could make ZERO revenue and still run for a while, probably at least a year.
Not like that would happen but if that happened they would cut costs and still go on, fire tens of thousands of people and still move on. All in all amazon is a huge company and they are doing fine and there is absolutely no reason to be sad about their loss, I rather cry about the worker they have who lives under poverty level wage.