Amazon's Top Line Is a 'Bonanza' Says Wedbush Analyst

Amazon is hiring 175,000 workers to meet new demand, but expects profits to shrink. The company is experiencing significant growth in e-commerce and cloud services, though fulfillment costs remain a challenge. Despite this, Amazon's stock has been performing well, with investors focusing on tech growth. The company, led by Bezos, must balance top-line growth with cost management, especially as it serves as a crucial resource for consumers in the US and Europe.

What is Amazon's strategy to meet new demand in the current quarter?

• Reducing workforce

• Hiring 175,000 workers

• Increasing product prices

• Expanding into new markets

Which two areas are contributing to Amazon's strong top line?

• E-commerce and cloud services

• Retail and advertising

• Logistics and supply chain

• Customer service and support

What is a major concern for Amazon despite its strong stock performance?

• Decreasing market share

• Lack of innovation

• High fulfillment costs

• Declining customer base

What is a key focus for investors regarding Amazon's business strategy?

• Expanding into new countries

• Managing growth and costs

• Increasing advertising spend

• Developing new products

In what way has Amazon been crucial during unprecedented times?

• As a key service provider for consumers

• As a major entertainment provider

• As a primary healthcare provider

• As a leading financial institution