They sell consumer goods.It should be a defensive like Wallmart or Costco.
>>61842583AWS
>>61842589Ok, i checked. That used to be 15% of Amazon's revenue, now is 50%. Fuck.
>>61842608Yeah, a lot of the internet is hosted by Amazon. If you remember last fall, AWS had some issues. A lot of seemingly unrelated websites were down because of it.
>>61842583Anon just learned something.
>>61842896> Be me> Ok, time to dump usa tech stocks> Sell Nvda and Tsla. > Should i sell Amzn as well? Nah that is not a tech stock.> Dumps 10% the next day.
>>61842583it's in consumer discretionary
>>61842583>>61842589all crypto depends on AWS working
>>61843182Under GICS, yes. Given what anon said above (>>61842608), I wonder if it might change to technology soon.
>>61843220Howbout we change that brah
