Amazon reported a rise in revenue and profits for the last quarter, as the tech giant published its latest set of financial results.
Browsing: Jeff Bezos
Jeff Bezos’s rocket company, Blue Origin, has launched Nasa experiments into space on a brief test flight. The New Shepard rocket blasted off from west Texas, hoisting a capsule containing the experiments.
The markets may be tanking, but that hasn’t stopped plenty of mega-fortunes from being unearthed in 2018.
The richest people on Earth lost $511-billion (R7.4-trillion) this year after record first-half gains were obliterated by a succession of bruising market selloffs.
The stars are aligning for Tuesday to be quite the bookend to a transformational year for commercial space exploration.
Amazon.com has unveiled its vision for smart homes powered by the Alexa voice assistant, with a dizzying array of new gadgets and features for almost every room in the house.
The United States went 242 years without a trillion-dollar company. Thirty-three days after getting the first, it now has two.
The stock market is a weighing machine of companies’ potential rather than their current circumstances. That is doubly true for Amazon.
Amazon.com shares rose as much as 1.9%, pushing the company briefly beyond a market value of US$1-trillion, a milestone Apple reached just last month.
Going just by the stock prices of its peers, the interesting thing about Apple isn’t that it’s worth $1-trillion. It’s that it’s not worth more. Not that investors are complaining.