E-commerce giant Amazon saw its shares drop by 8.78% after the company reported a miss on revenue and shared weaker-than-expected projections for the current quarter.
Amazon beat the analysts’ estimates with $1.26 earnings per share (EPS) compared to $1.04 EPS expected while also almost doubling...
Amazon recently saw its stock reach new heights while becoming the fifth company to cross $2 trillion in market value. Now, the e-commerce giant's founder, Jeff Bezos, is looking to cash in on the surge.
In a Securities and Exchange Commission (SEC) filing made earlier...
Amazon is the newest U.S. company to have $2 trillion in market value. This is the first time that the e-commerce giant reached the mark.
Amazon’s stock jumped 3.90% on Wednesday and closed at $193.61 per share. The company’s market cap currently stands at $2.01...
Amazon continues to trim its workforce as the company looks to cut costs and run a more efficient organization. The company’s CEO Andy Jassy sent out a memo to the staff on Monday informing them that 9,000 employees will be laid off in the...
