The Seattle- based company wowed Wall Street again this week with a 23 percent jump in sales, pushing its shares to an all-time high. "High growth covers a lot of sins," said Harry Kraemer, a partner at private equity firm Madison Dearborn Partners and a professor at Northwestern University's Kellogg School of Management. "It's not like General Electric Co having...
By the end of the day on Friday, the trio were just $27.4 billion richer.
CNBC's Robert Frank reports that Amazon CEO Jeff Bezos' net worth has crossed the $80 billion mark, and he is on-track for overtaking Bill Gates as the richest man in the world.
Tech shares have risen more than banks, utilities, health firms, energy companies or consumer brands.
Jeff Bezos' net worth just passed $80 billion.
Jeff Bezos' net worth just passed $80 billion, putting him within $5 billion of becoming the world's richest man.
Michael Olson, Piper Jaffrey analyst, provides insight to Amazon's quarterly numbers and provides his outlook on the stock.
CNBC's Arjun Kharpal discusses Amazon's business strategy, saying that the company is facing a "content spending war" with Apple, Netflix and the like.
April 27- Amazon.com Inc's retail and cloud-computing sales rose in the first quarter, inching above Wall Street's expectations and sending the company's shares to an all-time high in extended trading. The world's largest online retailer said on Thursday net sales rose 23 percent to $35.7 billion, just beating analysts' average estimate of $35.3 billion,...
Amazon reported first-quarter sales and profit that exceeded analysts' estimates.
Goldman Sachs believes it's found the best way to trade Amazon's stock.
Goldman Sachs discovered the perfect time to buy Amazon shares is when CEO Jeff Bezos takes out his wallet.
SAN FRANCISCO— Travis Kalanick, the chief executive of Uber, visited Apple’ s headquarters in early 2015 to meet with Timothy D. Cook, who runs the iPhone maker. It was a session that Mr. Cook then demanded, or Uber’ s app would be kicked out of Apple’ s App Store.
An encounter with Apple showed how Uber CEO Travis Kalanick has pushed risk-taking that's landed his company in hot water, The NYT reports.
"When you look at the markets they are going after, it's easy to understand how this could be a trillion-dollar company," Munster told CNBC.
A new generation of police gadgets are designed to fight crime and save lives. The technology sounds like something out of James Bond.
Here's how the mogul avoids decision fatigue.
Michael Olson, Piper Jaffray, discusses which company has the edge to become the first trillion-dollar company.
The Amazon founder and CEO says every professional should make it part of their vocabulary.
Japan's PD Aerospace and China's Kuang-Chi Science among Asia's homegrown private sector firms offering spaceflight services to civilians.