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EPISODE · Mar 24, 2023 · 9 MIN

TechCheck+ Amazon’s Missing Profit 3/24/23

from TechCheck · host CNBC

What happened to Amazon’s stock? It’s underperformed the S&P and its big tech peers since the start of 2020. The answer lies in what happened to its profitability during that time frame. The company grew sales, grew headcount, grew its physical footprint, and for a time, grew its share price… But profits never materialized, and investors care in 2023. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Episode metadata supplied by the publisher feed · Published Mar 24, 2023

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What happened to Amazon’s stock? It’s underperformed the S&P and its big tech peers since the start of 2020. The answer lies in what happened to its profitability during that time frame. The company grew sales, grew headcount, grew its physical footprint, and for a time, grew its share price… But profits never materialized, and investors care in 2023.

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TechCheck+ Amazon’s Missing Profit 3/24/23

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Fortt Knox CNBC Jon Fortt co-anchors TechCheck on CNBC, and has covered technology and innovation for more than 15 years. Fortt Knox brings you rich ideas and powerful people. Guests include Intel CEO Brian Krzanich, Accenture CEO of North America Julie Sweet, Olympic champion Michael Phelps, and Broadway veteran Rory O'Malley (Hamilton, The Book of Mormon). Join Jon's conversations with power brokers on how they made it, what they value, and what makes them tick. TFE TechCheck: K-2nd Grade Tech News Tech For Everyone Welcome to TechCheck for K-2! Introduce your early learners to the exciting world of technology with our dynamic, bi-weekly news series. We take big, real-world tech events and break them down into fun, bite-sized, and highly visual stories designed specifically for young minds.

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This episode was published on March 24, 2023.

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