Amazon stock rises $190 billion in market cap overnight

from The Dr Boyce Breakdown · host Dr Boyce Watkins

Amazon stock just did something amazing.  The company, run by CEO Jeff Bezos, just saw a stunning rise in value of $190 billion dollars practically overnight.    #Amazon appears to be strong and #Amazonstock is one of the assets that are expected to do quite well during the post pandemic economy.   Amazon's rise is interesting in contrast to the steep decline of Facebook owner Meta.  Meta saw a major valuation drop in its recent earnings report.  Amazon is now worth $1.6 trillion and may eventually challenge Apple as the largest company on earth.   The Black Financial Channel is a news and business channel designed specifically for the African American community.  We give daily financial updates on stock markets, investing and other related topics that appear in financial news.    The Black Financial Channel is sponsored by The Black Business School.  To join The Black Business School and get started for free, please visit http://TheBlackBusinessSchool.com.    You can enroll in Dr Watkins' Stock Market Investing class by visiting http://TheBlackStockMarketProgram.com.

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