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Amazon's Profits Keep Soaring & Berkshire Is Buying

HyperChange
HyperChange
Episode • May 7, 2019 • 12m

Amazon's operating income rose more than 100% in Q1 to $4.4B! The company famous for never making money, is quietly becoming a profit machine. Even Warren Buffett/Berkshire Hathaway are buying shares. Does this mean Amazon's days as a growth high-flyer are over? Or will the market continue to give Amazon a huge P/E multiple, despite slowing growth??  

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LINK - Amazon on HyperCharts: https://www.hypercharts.co/amzn 

LINK - Amazon Q1 2019 earnings PR: https://ir.aboutamazon.com/news-relea...

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