Yahoo Finance Live’s Brian Sozzi discusses a Jefferies analyst’s valuation on Amazon shares as well as his own take on why the stock may be oversold.
Amazon's stock has basically priced in elevated inflation and a potential recession, Jefferies long-time tech analyst Brent Thill says, meaning that it's an attractive investment.
(Bloomberg) -- Amazon.com Inc. has paused hiring for corporate positions in its retail business, the latest sign that the world’s largest e-commerce company is adjusting its workforce to slowing online sales. The company will pause recruitment until the end of the year, according to a person familiar with the matter. The freeze applies to corporate roles in the Worldwide Amazon Stores division, not the warehouse network where most of its employees work, the person said.“Amazon continues to have