In the middle of Covid-19, Amazon's Q1 2020 earnings confirm e-commerce dominance

On April 30, Amazon announced its first quarter 2020 results. As expected, total revenue for the three months ended March 31 was exceptionally strong – about $ 33 million per hour in sales. Financials Revenues increased, but net revenues declined from year to year, with the company attributing to increased product acquisition costs and high … Read more In the middle of Covid-19, Amazon's Q1 2020 earnings confirm e-commerce dominance