Amazon grew sales 22% last quarter, but investors aren't impressed: stock falls 4%

Despite a jump in sales, investors aren’t happy with Amazon’s latest earnings report. Amazon grew revenues 22 percent in the holiday quarter to $43.7 billion, up from $35.75 billion in Q4 2015. Analysts, however expected more from the company — around $44.68 billion. The company’s stock is down now by about 4 percent after hours. Amazon’s cloud business, AWS, grew revenues by a whopping 47 percent […]