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The Script - “The Man Who Made $13.5 Billion in 15 minutes”
#1 · January 31, 2020, 6:55 PM
Amazon went to the mountain-top. Yes, that $1 trillion market cap this week. The ecommerce pioneer had an impressive earnings and markets rewarded it.
Here are the key numbers:
- Earnings per share: $6.47 per share vs. expectations of $4.03 per share, according to analysts surveyed by Refinitiv
- Revenue: $87.44 billion vs. expectations of $86.02 billion, per Refinitiv
- Amazon Web Services: $9.95 billion vs. expectations of $9.81 billion, according to FactSet
By the time it was over, a new chapter was written - Jeff Bezos, Amazon Founder, had made $13.5 billion in 15 minutes as Amazon stocks rose.
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#2 · February 1, 2020, 1:28 AM