Bookkeeping: Selling 30% of Amazon.com (AMZN) as Whispers Surface of Netflix (NFLX) Competition
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In the market that makes no sense, Netflix (NFLX) announces an agreement with Apple (AAPL)... and then stories surface of Amazon.com (AMZN) an creating a Netflix streaming competitor. But as long as Chinese PMI and US ISM is positive, who cares... everyone can win (both stocks rally!) just like in the late 90s when the internet was big enough for everyone to win. First grade logic continues to rule.
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