Orbex: Amazon Reports First $100bn Quarter #stockwatch

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#Amazon delivered its largest quarter by #revenue of all time, pushing it past the symbolic #$100billion mark for the first time.

This comes after the Amazon founder Jeff #Bezos is to step down as chief executive and he will be replaced by Andy #Jassy, who currently leads Amazon's cloud computing business.

#Chinese giant #Alibaba has posted strong results for the last quarter of #2020.

Alibaba's chief executive Daniel #Zhang attributed the firm's strong results to China's economic growth.

Timestamps
#AMZN 02:40
#BABA 04:05

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