amazonlogo How low can this company’s profits go?

With its roots in online retail, isn’t a traditional technology company, which means that its profit margins are much lower than many others in the tech sector. But as the company prepares to release its quarterly results on Thursday afternoon, it’s increasingly testing the patience of investors looking for a better bottom line. Amazon… Read More

amazonlogo profits tank as company adds whopping 4,200 employees in one quarter just reported quarterly profits significantly below Wall Street’s expectations, despite revenues that exceeded them, and the reason is spelled out in the employment data accompanying the report. The company exploded with growth during the first quarter — expanding its entire employee base by 4,200 people, or 12 percent, in just three months, bringing its… Read More