Argument about Amazon reinvesting everything


So every time I see someone questing Amazon P/E ratio I see comments like “it’s because they reinvest everything”. Ok cool. But are all those investments paying off? Is Rivian going to be a success? What if they go bankrupt? Amazon Robotics isn’t doing too hot. We just saw what happened with Alexa, it’s bleeding money. Prime free delivery prices are up, prime videos is nothing great. So should these investments still be considered great?


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