It’s nice to see people having this attitude towards Amazon. I delivered Amazon packages for 9 months and they treated me like shit. I was offended because even though I told everyone I knew about how they treated me, no one actually canceled their prime when hearing my account.
By the time Amazon was a thing in Australia, it was already common knowledge that Amazon treats their employees like shit, so I’m proud to say I’ve never used anything Amazon (except AWS at work I guess)
Amazon’s value is much more closely tied to the tech side than it is to the retail side, so Google and Microsoft would be better points of comparison than Walmart would be.
Consumer cyclical companies, ones that sell stuff people buy when the market is good and hold off when things are bad, are relatively stable, only down 1.3% in the past 3 months compared to Amazon which is down 15% on he last 3 months. Amazons main cash cow at this point is AWS, so this drop is probably reflective of a lack of demand for compute for AI that was expected by the investors.
Disposable income is down. Walmart, while also evil to the tune of $423 billion across a family, has better service without a membership.
What are Walmarts shares doing? Are things actually down, or are online shoppers who want fast delivery just shifting marketplaces?
walmart provides a service, while AI tech does not to customers.
A spooky trend I see is:
It seems that Walmart has a prolific drop-shipping business going, now.
It’s nice to see people having this attitude towards Amazon. I delivered Amazon packages for 9 months and they treated me like shit. I was offended because even though I told everyone I knew about how they treated me, no one actually canceled their prime when hearing my account.
If you care, you show it. Simple as.
By the time Amazon was a thing in Australia, it was already common knowledge that Amazon treats their employees like shit, so I’m proud to say I’ve never used anything Amazon (except AWS at work I guess)
Amazon’s value is much more closely tied to the tech side than it is to the retail side, so Google and Microsoft would be better points of comparison than Walmart would be.
Consumer cyclical companies, ones that sell stuff people buy when the market is good and hold off when things are bad, are relatively stable, only down 1.3% in the past 3 months compared to Amazon which is down 15% on he last 3 months. Amazons main cash cow at this point is AWS, so this drop is probably reflective of a lack of demand for compute for AI that was expected by the investors.