Amazons

Will Amazon’s Stock Price Tank Following Shock Bezos Departure?

You might be wondering why I haven’t mentioned Amazon’s (NASDAQ: AMZN) blowout earnings in the above headline? Well, if you must know, it was the usual levels of outrageously good:

  • Earnings: $14.09 vs $7.23 per share forecast.
  • Revenue: $125.56 billion vs $119.7 billion forecast — that’s a 44% increase YoY, a ridiculous figure for a company of this size!

This article was originally published on MyWallSt — Investing Is for Everyone. We Show You How to Succeed.

But that’s not what we want to talk about today! Instead, we must focus on the shock news that CEO

read more

Amazon’s Jennifer Salke on Jeff Bezos, Globes Noms & Small Axe Debate

Amazon Studios head Jennifer Salke doesn’t expect Jeff Bezos to turn his attention to producing as he steps down as Amazon CEO — but she doesn’t rule it out either.

Variety took the opportunity on Wednesday morning to ask Salke — calling in to chat about the Golden Globes 2021 nominations — about Bezos’ big news. Now that Bezos has a bit more free time, would the billionaire be up for, say, getting into the TV producing game?

“I don’t think he’s going be developing shows for me,” Salke quipped, a day after Bezos blockbuster announcement that he would transition

read more