Big Tech Earnings Surge While U.S. Sees Record-Worst Quarter

Newsy

31 Jul 2020 0 shares 1 views

Big Tech Earnings Surge While U.S. Sees Record-Worst Quarter

Big Tech Earnings Surge While U.S. Sees Record-Worst Quarter

Newsy

Published 31 Jul 2020

Watch VideoOn Thursday, Amazon posted its biggest profits to date, showing that delivery-based services are thriving during the COVID-19 pandemic.

In a conference call, Amazon CFO Brian Olsavsky noted a 41% increase in sales since this time last year.

“We began to see a significant increase in customer demand...

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