During the pandemic, no company grew more than Amazon. It hired well over half a

million workers. It doubled its physical network of warehouses, sales sort, so

did its stock price.

Along the way, though, something else shrunk,

Amazon's profit.

But it's a company, guys, it's doubled its revenue base

from 2019 and show no operating leverage so far. Profits haven't moved at all.

Since 2019, revenue has nearly doubled at the company, but take a look at losses or that profitability

rather, it has gone from a profit to a loss we saw the first

unprofitable year since 2014 and that says at all he has a very big job in front of him

Andy Jassy that is Amazon is now the least profitable very big

job in front of him, Andy Jassy, that is.

Amazon is now the least profitable big tech name.

It went from raking in over 300 billion dollars in net income in 2021

to a loss of nearly 3 billion dollars in 2022.

All those stockings like it never happened.

And this is the crux of the issue.

Look at how Amazon's performance has compared to its big tech peers,

Apple, Microsoft, Alphabet.

They're all up more than 50%.

The S&P has returned 20%.

Amazon and Meta are the outliers.

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