Answer: They saved buku-bucks with the largest layoffs in their history, cutting 27,000 jobs

since last fall. They also froze corporate hiring, plus Andy Jassy looked to trim expenses in units across the entire company.

$AMZN's Global headcount fell 4% year over year to 1.46 million people as of the end of

the second quarter.

So yeah cost cutting matters to the bottom line.

Commonstock users knew AppHarvest was a struggling business. If you scroll back through the $APPH memos on Commonstock you will find some prescient takes from the community:

@paulcerro — "AppHarvest stock has received much fanfare and is priced way too high given its

future projections of everything working out according to plan. Given that AppHarvest is indeed a farm, it should be priced more like a farm instead of a tech company. Let’s be real, these guys are just selling tomatoes." — Paul Cerro, 7/23/21

@dissectmarkets — "Vertical farming is energy intensive. As the energy crisis roars worldwide, vertical farmers will experience a detrimental blow while regular farmers will be alright." — Dissecting the Markets, 9/6/22

• Less than expected

• +3% from a year ago, the lowest level since March 2021

• Excluding food and energy, core CPI increased 0.2% and 4.8%, respectively

• Declines in used vehicle and airline prices helped keep inflation down,

• Shelter prices continued to rise

• Great for consumers who great a break from rising prices