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re: Bill Gates is the richest man in the world again

Posted on 7/27/17 at 3:48 pm to
Posted by beaverfever
Little Rock
Member since Jan 2008
32751 posts
Posted on 7/27/17 at 3:48 pm to
But he'll feel some pain tomorrow AMZN just announced weak numbers. It's gonna drive the whole market down tomorrow big.
Posted by buckeye_vol
Member since Jul 2014
35242 posts
Posted on 7/27/17 at 4:12 pm to
quote:

But he'll feel some pain tomorrow AMZN just announced weak numbers. It's gonna drive the whole market down tomorrow big.
They beat revenue estimates, but missed on earnings. Apparently their costs rose significantly with new investments. And with exchange rates dropping this quarter, Amazon reported that cost them $500 million year over year. Probably has a lot to do with a big drop in India where Amazon is putting a lot into.

Regardless, if the GDP estimates are positive tomorrow, then I doubt this will have too much of an impact.
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