Even the finest growth stocks have been hit hard by the present market climate.
Investors are concerned about a number of issues, including the intensifying crisis in Europe, global supply chain disruptions, and rising interest rates.
as well as the likelihood that the Federal Reserve's attempt to control inflation may send the economy into a slump.
Amazon (NASDAQ: AMZN) faces a slew of hurdles in the face of this background. Fuel costs are rising as a result of the conflict in Ukraine.
Product sourcing is becoming more complicated and expensive due to supply chain constraints.
Inflation is also causing people to cut back on discretionary spending.