Streaming hardware and platform company Roku (NASDAQ: ROKU) has spent years carving out its share of the industry but isn't stopping there. Let's examine Roku's likely plan for its new products and why investors shouldn't rush to judgment. Is Roku entering treacherous waters? Read More...
Motley Fool
Down 46%, Is Amazon Stock a Bear Market Buy?
The Nasdaq Index has fallen 34% year to date, with big tech companies like Amazon (NASDAQ: AMZN) (down 46% this year) leading the plunge. While total sales increased by 15% year over year to $127.1 billion, operating income fell from $4.9 billion to $2.5 billion, a decline of roughly 49%. As in the second quarter, the bottom-line weakness stems from Amazon’s U.S. and international e-commerce segments, which over-expanded during the pandemic and now face lower efficiency.
