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Benzinga
Benzinga
Business
Surbhi Jain

DARK SECRETS: Amazon s profit problem could be masking its next stock rally | Rare Historical Photos

Amazon

While every other Magnificent 7 stock is basking in strong gains this year, Amazon.com Inc (NASDAQ:AMZN) is the lone outlier in the red. At first glance, its 11.37% EBIT margin looks meager compared with peers like Meta Platforms Inc (NASDAQ:META) (43.37%) and Microsoft Corp (NASDAQ:MSFT) (45.62%), fueling concerns that the e-commerce giant is struggling.

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