The Motley Fool says Amazon's $5.5 billion loss in the international segment in the first three quarters of 2022 is prompting them to avoid selling outside North America.
Still a red flag
Potential green flags? This slash on the billions in expenditure is good news for investors as the stock could skyrocket. It's a wise move to buy the stock now before the effects of these actions hit Amazon's bottom line.
Jeff Bezos advises businesses and consumers to save money to prepare for a severe downturn, as Markets Insider reports. He cautioned that a US recession is approaching.
Preparing for the recession: he advised people not to make any big purchases (such as buying a car or a house) and for small-business owners not to invest in any new equipment. "Take some risk off the table," he told CNN. "Just a little bit of risk reduction could make the difference."
📉 Amazon stocks dropped again by 2.28%, according to CNBC's November 14 report.
Is this the bottom?
Amazon Business remains the top B2B ecommerce marketplace across various regions. ResearchAndMarkets.com released the Global B2B E-Commerce Marketplaces 2022 report, as cited in BusinessWire's article.