POOR GUY

I feel his pain. When I lost $14 billion, I really had trouble sleeping that night. This poor guy may have to hold off buying that country he wanted so much. He should send a bomb to himself so people will feel sorry for him and vote Dimocrat on November 6.

Bezos loses as much as $14 billion as Amazon stock tanks

Amazon CEO Jeff Bezos lost as much as $14 billion in personal wealth as Amazon’s stock plummeted Friday. The plunge was a reaction to Amazon’s earnings report , which revealed disappointing revenue and guidance for the upcoming holiday season.Bezos’ net worth was $138 billion Wednesday, according to Bloomberg.

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Despite beating earnings per share at $5.75 versus $3.14 estimated, according to Refinitiv, Amazon grew revenue at a slower than expected pace. Analysts estimated $57.10 billion in revenue for the quarter, according to Refinitiv, and Amazon reported $56.6 billion.

Amazon’s guidance for the next quarter indicates growth is likely to slow down over a key shopping season. Still, the company expects to see growth for its high-margin cloud and advertising businesses.

6 Comments

Friday

October 26, 2018 10:56 am

Somehow I can’t seem to force myself to feel sorry for him.

October 26, 2018 12:56 pm

Maybe Amazon would sell more stuff if they stopped with the ‘This Item Is Reserved For Prime Members Only’ bullshit?

robert h siddell jr

October 26, 2018 1:47 pm

Amazon and Capital One might be in league with crooks and communist. I got a bogus Amazon Prime Service $13 charge (monthly recurring) on my Capitol One credit card. Capital One said I had approved it when I received free shipping on something. I never approved any such thing; more of the typical invisible NYC ZOG fine print. Capital One had also denied me the purchase of a rifle. Capital One card cancelled, cut to pieces and both companies are now on my screw’em back list.

October 26, 2018 3:18 pm

Dude just looks like a Bond villain.

Harrington Richardson

October 26, 2018 6:36 pm

Before you start passing the hat for Jeff, Amazon (AMZN) stock is up 65-70% give or take in less than a year even after dropping around $400 per share over the last few months.