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Amazon’s New CEO

Podcast |: MarketFoolery
Publisher |: The Motley Fool
Media Type |: audio
Podknife tags |: Business,; Business News,; Investing,; Stock Market
Categories Via RSS |: Business,; Business News,; News
Publication Date |: Feb 03, 2021
Episode Duration |: 00:19:06

Amazon’s 4^th-quarter revenue of $125 billion takes a back seat to the news that founder Jeff Bezos will step down as CEO. AWS founder (and longtime Amazon employee) Andy Jassy will become Amazon’s CEO later this year. Shares of Alphabet pop 7% as 4^th-quarter results are highlighted by Google’s core ad business and revenue growth from YouTube. Andy Cross analyzes those stories, as well as the latest quarterly results from Chipotle.

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