Amazon’s CEO tells investors ‘if you’re shareowner … you may want to take a seat,’ as he explains why the company will spend ‘entirety’ of $4 billion profit
April 30, 2020 at 18:23 PM EDT
Amazon unsurprisingly topped expectations for sales, in the era of the COVID-19 pandemic, but it was comments from CEO Jeff Bezos, in his written statement along with the quarterly update, that really drew the focus on Wall Street Thursday evening.