Hello, everyone, and welcome to another episode of Helium 10's Weekly Buzz.

My name is Carrie, and this is the show where we get you familiar with the latest news in the Amazon and e-commerce space,

interview people that you need to hear from in the industry, and also provide a training tip of the week that will give

you serious strategies for serious sellers in the Amazon, Walmart, and e-commerce world. So let's go

ahead and see what's buzzing. Today we're going to talk about Amazon's shares falling 14% on Friday.

We're also going to talk about how Walmart is using some really great strategies to

incentivize their Walmart Plus membership. And then we'll also talk about how Victoria's Secret

is actually joining the retailers that have jumped onto Amazon. So let's go ahead and get into it.

So first off, Amazon shares closed down 14% on Friday after the company gave revenue outlook for the current quarter that fell short of Wall Street's estimates.

It was actually Amazon's worst day since July of 2006.

So Amazon said it projects revenue between $116 billion and $1211 billion in the second quarter trailing the $125.5 billion

average analyst estimate.

Amazon's operating expenses are increasing faster than their sales, and they have actually

invested heavily into stuffing warehouses and combating supply chain issues.

But now also, Amazon is facing rising inflation

as well as increasing transportation and labor costs. Amazon also lost about $3.8 billion

in the first quarter compared with a profit of $8.1 billion the year prior. The company's investment

in electric vehicle maker Rivian was actually what weighed in on

that loss. So let us know what you think. Do you think that the stock will go back up or what do you

think the outlook is for Amazon? And also curious to know if any of you actually had some investments

in those Amazon shares. All right. So up next, we also have Walmart Plus.

So Walmart is actually very similar to Prime in that it allows you to have free shipping.

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