Jason Helfstein

albeit it's going to take time to get there, that you'll see numbers go up.

So I think Amazon could self-correct, I think, as a stock pretty easily within the next few weeks because the core retail business is doing great, double-digit retail.

The margins are fine.

You know, listen, on the near-term AWS, they accelerated four points.

They gained more dollar share sequentially than Azure the last two quarters, which was not the case.

for the prior three, four quarters.

And then they did gain basically the similar dollar share as Google Cloud, which we'll talk about because that was actually quite bullish for Google.

But yeah, we think Amazon as a stock should be fine.

Just I think people need more time than overnight to process the numbers because it's quite complicated.

Um, so I'm going to kind of disagree in that.

Um, um, Bezos was not on the earnings call for many years, actually prior to Jassy kind of becoming CEO was just the CFO who did the earnings call.

Um, and you could say it was a little more like just kind of question and answer and like very technical.

We ask model questions or this, this, this, whereas now they're kind of, it's more of, let's put a story out there and then we'll take a limited amount of questions and,

So, yeah, I would say, look, Jassy is the person who created AWS.

So like, which, you know, he created one of the greatest businesses to ever exist.

So I think you can't take that away from him.

And when he became CEO,

They were already overspending, building out the fulfillment centers kind of in the middle of COVID when they kind of got false signals that like they thought the commerce business was going to be much bigger because of COVID pull forward.

When in fact, like, oh, people will go actually back to buying certain things in stores, etc.

So, yeah, like I actually I think.