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For Amazon, Pandemic Isn’t All Prime Time

Amazon.com has actually currently been considered Big Tech’s biggest winner from the coronavirus pandemic, however triumph may show hollow– if not short-term.

Against a broad selloff that has actually clipped 12%from the S&P 500 this year, Amazon’s share cost has leapt 30%. As one of only 3 companies on the primary index with a market cap exceeding $1 trillion, that type of run has helped float the rest. If not for Amazon and Microsoft, which is up 10%for the year, the S&P 500 would be down about 15%, according to Howard Silverblatt …

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