Amazon (AMZN) Launches Veeqo

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Go back to Amazon (AMZN) Launches Veeqo

UPDATE: Amazon (AMZN) More Resilient, 'But Not Immune' - BofA

September 19, 2022 10:01 AM EDT

(Updated - September 19, 2022 10:17 AM EDT)

BofA analyst Justin Post reaffirmed a Buy rating and $170 price target on Amazon (NASDAQ: AMZN) shares Monday, saying that Amazon should be more resilient to the economic slowdown but not immune.

The note followed Amazon's more than 2% fall Friday after FedEx pre-announced Q1 results,... More

India's Gautam Adani Surpasses Jeff Bezos in Bloomberg's Billionaires Index

September 16, 2022 2:04 PM EDT

According to Bloomberg, Indian tycoon Gautam Adani has surpassed Jeff Bezos to become the world's second richest person.

Adani has climbed the ranking rapidly in 2022, starting the year at number 14, Bloomberg's Billionaires Index reveals. The tycoon now has a $146.9 billion fortune that is only behind Elon Musk's $260... More