Amazon Wowed Investors with record Q4 earnings, Jeff Bezos Steps Down as the Company’s CEO

earnings analysis of Amazon

Source: Dreamstime

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The company skyrocketed past the coveted milestone of $100 billion, reaching earnings of $125.56 billion in Q4 2020 alone. The strong performance was mostly possible thanks to an excellent holiday shopping season, when Amazon had managed to deliver over a billion products to customers across the globe.

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BlackRock’s Shares Trade at Record Highs, Q4 and Full Year 2020 Profits Beat Expectations

Picture of the NYSE building in New York

Source: Dreamstime

Reading time: 2 minutes

On 14th January 2021 (Thursday), the multinational investment management corporation posted better-than-expected financial performance as an increasing number of investors flocked to BlackRock’s exchange-traded and active funds to escape the volatility caused by the U.S. presidential elections and the release of several COVID-19 vaccines.

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