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Amazon.com, Inc. (AMZN)
Amazon is a mega-conglomerate that is only getting larger.
Acquiring brands like Twitch, Wholefoods, and more recently MGM Studios, as well as many others over the last year, Amazon is growing at a massive rate. As we've seen, it's not just from the delivery and warehousing.
Will it be the first company to hit a market cap of $5 Trillion? Who knows. What we do know is that Jeff Bezos has built an automation powerhouse used by over 70% of US households. Scaling rapidly with over 1.3 million employees, AMZN is a holding which has really come to be an essential service in the pandemic.
An important consideration to the investors recently has been around Bezos stepping down as CEO, as Andy Jassy takes the top position. Will Bezos spend his days continuing to intervene? Or will he spend all the time at the Washington Post and on his Blue Origin spaceship?
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By HQLAAmazon is a mega-conglomerate that is only getting larger.
Acquiring brands like Twitch, Wholefoods, and more recently MGM Studios, as well as many others over the last year, Amazon is growing at a massive rate. As we've seen, it's not just from the delivery and warehousing.
Will it be the first company to hit a market cap of $5 Trillion? Who knows. What we do know is that Jeff Bezos has built an automation powerhouse used by over 70% of US households. Scaling rapidly with over 1.3 million employees, AMZN is a holding which has really come to be an essential service in the pandemic.
An important consideration to the investors recently has been around Bezos stepping down as CEO, as Andy Jassy takes the top position. Will Bezos spend his days continuing to intervene? Or will he spend all the time at the Washington Post and on his Blue Origin spaceship?