Amazon Disappointed Investors Despite Making 100 Billion USD in Quarterly Revenue; Its CFO Expects Slower Growth in the Months to Come

Picture of buildings in a sprawling megapolis

Source: Dreamstime

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An increasing number of people are reverting back to pre-covid shopping habits, and perhaps nobody felt the shockwave better than Amazon. After falling short of analysts’ forecasts, the company stock slid over 7% in extended-hours trading last Thursday.

Now, it’s up to the company’s new CEO, Andy Jassy, to reassure investors as to how the business is planning to retain its record growth, especially under the mounting scrutiny of regulators both on U.S. and European soil.

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Jefferies Group Posts a Record-shattering Quarter, Significantly Boosts Its Quarterly Cash Dividend

Pictured: tall, glass-covered skyscrapers

Source: Dreamstime

Reading time: 2 minutes

The U.S. multinational independent investment bank and financial services company posted a record quarter ending May 31, 2021, in addition to a record last twelve month net revenues of $6.739 billion – a staggering 81% year-over-year growth and a clear sign of good things to come, COVID-19 notwithstanding. Here’s what else has been happening for the past three months at Jefferies Group’s HQ.

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