Amazon: Recession? What Recession?

If we’re in a recession, you wouldn’t know it from looking at’s (AMZN) June quarter results.

Amazon shares are up sharply in an otherwise ugly market Thursday morning, propelled onward by some gushing post-earnings commentary from the Street. The key points: The company’s revenue in the June quarter actually accelerated from the March quarter, despite a weakening economy. Some analysts credit Amazon for this; other say it suggests increased consumer reliance on online shopping. Skeptics think Amazon can’t hold off economic pressures forever, and the bears think the stock is simply too expensive. But clearly, today belongs to the Amazon longs.

Read the rest of this post

Must-Reads from other Websites

Panos Mourdoukoutas

Why Apple Should Buy China’s Xiaomi

Paul Graham

What I Didn’t Say

Benjamin Bratton

We Need to Talk About TED

Mat Honan

I, Glasshole: My Year With Google Glass

Chris Ware

All Together Now

Corey S. Powell and Laurie Gwen Shapiro

The Sculpture on the Moon

About Voices

Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.

We also solicit original full-length posts and accept some unsolicited submissions.

Read more »