$AMZN on 60X PE misses Sales, forward Sales, & suffers blow out in operating costs of 15% => but books $12bn profit on RIVN (just fell 50% since IPO) to boost NPAT & “beat” expectations

60X PE for $AMZN – Where will be in 3mths Q1-22?
i) Sales 4% downgrade today – so ecommerce likely delivering even larger losses (-$2bn Q4-21!)
ii) RIVN mark to market -$4bn in losses – stock down -50% since 👀

— Douglas Orr, CFA (@EquitOrr) February 4, 2022

Well well well. Free cash flow at $AMZN has declined for the past 6 quarters.

Q12022 is a big worry with $RIVN investment.

So tell me again how we get to all time highs if the soldiers (unprofitable growth tech) have been all shot + the generals (mega cap tech) are hiding? $SPX t.co/MNaZCFH7IU

— Samantha LaDuc (@SamanthaLaDuc) February 4, 2022