Amazon's Profit Problem Could Be Masking Its Next Stock Rally
While every other Magnificent 7 stock is basking in strong gains this year, Amazon.com Inc (NASDAQ:AMZN) is the lone outlier in the red. At first glance, its 11.37% EBIT margin looks meager compared with peers like Meta Platforms Inc (NASDAQ:META) (43.37%) and Microsoft Corp (NASDAQ:MSFT) (45.62%), fueling concerns that the…
Benzinga ·