TagAMZN stock

Amazon’s Revenue Is Roughly Half that of Walmart, AMZN Stock Yawns

A
AMZN earnings, Amazon

By CCN: Amazon’s stock is flat in after-hours trading after the company destroyed earnings estimates, beating them by a sizable amount – more than 50%. Amazon continues to conquer the world with nearly $60 billion in revenue in the first quarter alone, skyrocketing 17% from the comparable quarter last year. Amazon’s annual revenue is now roughly half that of Walmart’s. More than 80% of...