Amazon announces its first quarterly loss since 2015. Details

Amazon revealed its first annual loss since 2015, as real estate prices kicked off electric car startups.

Shares of the Seattle e-commerce giant fell 9% in the trading period after the close, and Amazon reported a loss of $3.84 billion, or $7.56 per share, in the first months of the year.

In general, it reported $8.1 billion, or $15.79 per share, profit for the first quarter, and Wall Street analysts predicted $8.35 defense earnings per share in the fourth quarter, for FactSet, as Amazon mostly accounts for a $7.6 billion loss in the value of its stock investment. At Rivian Automotive.

Where Rivian went public in late 2021 and its stock traded at $180 at one point, closing Thursday at $32.18, I write Ford Motor Co. about writing down its investment in Rivian on Wednesday.

Amazon’s e-commerce business, contests, business sales in business to Netflix and other companies, increased by 37 in the quarter 25%.

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During the next period, you could take the medicines that you could take, that you could take, that you could take, that you could take, that you could take, that you could take, that you could take.

And according to MarketPlace Pulse e-commerce research, the value of Amazon public email has grown

Rising load costs and inflation, the selling giant added a 5% surcharge to fees it charges third-party sellers that fulfill fulfillment services, and last quarter Amazon raised its initial membership fee, $20, for the first time since 2018, and on a fee increase Olsavsky said that millions of new Prime members joined this quarter.

Revenue increased 7% to $116.44 billion, compared to $108.52 billion in the first quarter of 2021, which represents the company’s revenue for the sixth consecutive quarter.

Amazon forecast sales between $112 billion and $117 billion, FactSet analysts polled about $116.5 billion, and Amazon said it expects sales for the current quarter between $116 billion and $121 billion, lower than the $125.33 billion analysts expected.

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