Amazon Stock's 7% Post-Earnings Rally Makes Jeff Bezos $8 Billion Richer
Amazon’s $87 billion surge in market value narrowed the gap between Bezos and the second-richest man, Bernard Arnault, to $23 billion.
Source: forbes.com
Stay updated with breaking news from Justin Post. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Amazon’s $87 billion surge in market value narrowed the gap between Bezos and the second-richest man, Bernard Arnault, to $23 billion.
Wall Street sees Amazon Web Services revenue improving 12.9% in the quarter to $23.2 billion.
Several of Wall Street's biggest firms are confident in the company's cloud-computing services growth, as well as its generative AI investments.
Shares of Meta Platforms Inc (NASDAQ: META) tanked in early trading on Thursday, despite the company reporting upbeat third-quarter revenues.
SNAP earnings call for the period ending September 30, 2023.