Earnings Insight — Amazon
Image Source: Mike Mozart Let’s cover some ground on Amazon’s (AMZN) third-quarter report, released October 27. What management said: “Alexa may be Amazon’s most loved invention yet — literally — with over 250,000 marriage proposals from customers and counting,” said Jeff Bezos, founder and CEO of Amazon. “And she’s just getting better. Because Alexa’s brain is in the cloud, we can easily and continuously add to her capabilities and make her more useful — wait until you see some of the surprises the team is working on now.” — CEO Jeff Bezos The scoop: The game has changed at Amazon. No longer is the company struggling to generate meaningful free cash flow; in fact, it is now throwing off copious … Read more