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-0.000617931322590643 -0.000591821548396698 0.000678854129043183 0.00337947510650615 0.0039295210161923 0.00265884533875242 -0.0027458779193993 -0.00586599593557849
Stock impact report

Amazon told investors they 'may want to take a seat,' here's what that means [CNBC]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: CNBC
Long-timeAmazonfirst quarter earnings reportThat's because Amazon has been giving investorssome version of that warningAmazon said Thursday it would invest its expected $4 billion second quarter profit in coronavirus-related efforts, including buying personal protective equipment for workers, stepping up cleaning in its facilities and building its own testing capability. The company said that due to the investment, it expects operating income for the quarter to be as high as $1.5 billion or as low as a loss of $1.5 billion.The bold step is reflective of CEO ' approach since starting the business."We believe that a fundamental measure of our success will be the shareholder value we create over the long term,"Bezos told shareholders in a letter shortly after its IPOEven back then, with the stock trading in the low double-digits, Bezos warned shareholders its decisions would not look like those of other companies."We will make bold rather than timid investment decisions where we see a su Show less Read more
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