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Amazon’s Bull Case Just Got Stronger Thanks to a Huge Pentagon Contract

Por: MarketWatch Business December 09, 2022

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The news comes a little over a month after Amazon’s cloud business, AWS, of 27% for the third quarter—the slowest increase since 2014 and well below the 32% Wall Street had penciled in. Amazon’s stock is down 47%, to $90, this year, versus a 30% drop in the . It has fallen roughly 20% since reporting third-quarter earnings. While it has been a tough year for the tech sector in general, the Pentagon’s contract will drive growth... + full article



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