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Stock impact report

Amazon is responsible for a huge chunk of the Trump rally [CNN]

Walmart Inc. (WMT) 
Last walmart inc. earnings: 2/18 06:00 am Check Earnings Report
US:NYSE Investor Relations: stock.walmart.com/investors/default.aspx
Company Research Source: CNN
Amazon is responsible for a huge chunk of the Trump rally Donald Trump clearly hates Amazon. But he really should love it. Amazon played a major role in two of Trump's biggest accomplishments -- the stock market rally and the white hot US jobs market . Consider this: The collective market value of S&P 500 companies grew by a little less than $4 trillion since Trump was sworn into office, according to Bespoke Investment Group. Amazon's market value alone grew by $350 billion since Trump's inauguration. That means that about 12% of the "Trump rally" can be attributed to his least favorite company. Related: Now is a great time to buy Amazon Amazon ( AMZN ) has also likely added more jobs than any other single US employer over the past year -- it hired about 225,000 people in 2017. Part of that is because it bought Whole Foods, which had 89,000 employees just after Amazon closed on the deal . Not all of the 136,000 other jobs added at Amazon were in the United States, but a majori Show less Read more
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