The last of the Big 4 (most important) US companies reported late last week, but Amazon.com's earnings did not impress the crowd

The last of the Big 4 (most important) US companies reported late last week, but Amazon.com's earnings did not impress the crowd. While Facebook, Google, and Apple all posted good to great results, Amazon disappointed investors with much wider than expected losses. While AMZN generated higher than expected revenues (23% increase year over year), Q2 losses came in at $126 million, or $0.24 per share loss. Wall Street expected a $0.13 per share loss, so there was clearly a wide gap. But, if there's one thing I've learned by now, it's don't question Bezos and Amazon. As usual, the company's losses aren't related to lack of business or lack of efficiency. It's almost entirely due to the company's reinvestment into technology and new markets - think Fire Phone, groceries delivery, and others. Basically, it's still too early to worry about AMZN's profits. file:///C:/Users/HyperionEditor/Downloads/Q2%202014%20Financial%20Results.pdf