And, in case you missed it, here's what happened when Amazon reported earnings.
Amazon reported a profit loss for the first time in eight quarters, or two years.
The company reported second-quarter earnings-per-share of $5.22, falling short of expectations of $5.57 a share. Revenue came in at $63.4 billion, beating expectations of $62.5 billion.
On the Amazon conference call, CFO Brian Olsavsky stressed how Amazon missed expectations because of 1-day shipping, but that it would benefit the company in the long-term and that they had adjusted guidance to reflect the cost of 1-day shipping.
Real Money's Kevin Curran, who filled in for Jim Cramer, on TheStreet's Facebook Live show, broke down why he didn't think that Amazon shareholders should be too worried.
"Well, I think that one of the ways that you look at Amazon historically is they've pushed people out of markets. They've said, we can do this better. We're willing to take some losses in the near term because we're going to create a market-leading position and we're already seeing other companies have to follow this. I mean, only a few can. There's Walmart (WMT) - Get Report and a couple of others that can follow this type of, um, a market movement to one-day shipping. And if we're talking about consumer trends as far as convenience, they can sustain a couple of quarters of losses right now to make that the industry standard and then they're above everybody else," said Curran.