How Amazon’s Earnings Could Disappoint This Week

Amazon will release its second-quarter results on Thursday after market close. In Q1, stay-at-home orders contributed to e-commerce growth. A record fall in overall retail sales in Q2 could see Amazon miss estimates. Amazon (NASDAQ:AMZN) has benefited from the pandemic. In the first quarter, the online retailer exceeded the expected revenue estimates by nearly $2 […]

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Jeff Bezos Is Now Ramping Up Plans to Crush Tesla

To say that Amazon’s interest in new energy vehicles has been growing would be an understatement. Amazon’s $2 billion Climate Pledge Fund comes months after the online retailer led a multi-million dollar investment round in Rivian. Jeff Bezos and Elon Musk are already rivals in the space exploration sector. At the beginning of the month, […]

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