Is the Dip in Amazon Stock a Buying Opportunity, or Should Investors Run for the Hills?

While Amazon (NASDAQ: AMZN) crushed second-quarter earnings expectations, the company's cautious outlook sent shares spiraling lower. The drop sent the shares into negative territory on the year, as of this writing.Let's take a closer look at the e-commerce giant's latest results and guidance to see if this dip is a buying opportunity or if investors should run for the hills.Amazon's cloud computing business, Amazon Web Services (AWS), is the company's largest segment by profitability and its fastest-growing. In the quarter, the segment grew its revenue by 17.5% to $30.9 billion, while operating income rose 10% to $10.2 billion. That was above the $30.8 billion revenue consensus, as compiled by StreetAccount, but trailed the growth of Microsoft's Azure and Alphabet's Google cloud. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool