Amazon earnings are due out this week for Q4 2022 and expectat | Forex Trading Experts 📊 HYCM

Amazon earnings are due out this week for Q4 2022 and expectations are for an EPS of 0.17 and revenue of $145.77 billion. Since the start of the year, Amazon has been preparing for a coming global turndown by cutting 18,000 jobs which was an increase of the 10,000 reported at the end of last year. This is the largest round of job cuts in Amazon’s history and the majority are due to come from their core retail and HR departments. Bloomberg reports that shareholders are concerned about the amount of money Amazon is losing in its core retail business. Does this mean that Amazon has some more downside ahead? Will earnings surprise to the downside?

If earrings do surprise lower, and the stock falls, is this a good time to buy into Amazon for the long haul? Is this a dip worth buying?
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