Amazon reported a fantastic quarter yesterday. Not only AWS growth has accelerated, it does appear such acceleration may continue at least in the near term. Moreover, the rest of the business, especially the core e-commerce continues to be a secular winner. Here are my highlights from yesterday’s call.| MBI Deep Dives
Let me start with the conclusion: while Meta’s stock is down ~10% after earnings, the company remains extremely well positioned for the long-term. Meta can, however, still be uncomfortable to own in the short-term as the company is going to navigate pretty aggressive capex plans next year. Nonetheless,| MBI Deep Dives