catgirlshelter
catgirlshelter t1_j6ghta3 wrote
Reply to comment by NYElite79 in How do you expect the market will react to the fed reinforcing its hawkish stance Wednesday? by relaxd80
Line goes up? Market manipulation. Down? Market manipulation? Sideways? Believe it or not, market manipulation.
catgirlshelter t1_j6j0hyi wrote
Reply to comment by VisualMod in Amazon($AMZN) Still Trading at 80 P/e & Rest of Big Tech Is 18-20 P/e? by MAC3113
I was going to say bad bot, but no, you belong here. If Amazon has a dominant market position in many areas of their business, how could there be enough room for growth to justify a P/E of 80? And AWS isn't a new area, it's been propping them up for years and they have like a third of the global market already. They're at the point where growth in most of their areas basically just put them at risk for antitrust lawsuits.