Amazon’s CEO Tells Investors ‘You May Want to Take a Seat,’ as He Explains Why the Company Will Spend ‘Entirety’ of $4 Billion Profit

Jeff Bezos: ‘We are inspired by all the essential workers we see doing their jobs — nurses and doctors, grocery store cashiers, police officers, and our own extraordinary frontline employees’

by Mark DeCambre
Market Watch Inc. unsurprisingly topped expectations for quarterly sales amid the COVID-19 pandemic, but it was comments from CEO Jeff Bezos, in a written statement accompanying the retailer’s earnings report, that really drew the focus on Wall Street Thursday evening.

‘If you’re a shareowner in Amazon, you may want to take a seat, because we’re not thinking small.’ – Jeff Bezos

The remarks constituted arguably the lengthiest such statement from the world’s richest man in a quarterly report and underscored the magnitude of the deadly disease that has left much of the world struggling to emerge from forced business shutdowns and a temporary cessation of normalcy to help limit the contagion’s spread.

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