{"id":5547,"date":"2022-04-28T22:36:15","date_gmt":"2022-04-28T20:36:15","guid":{"rendered":"https:\/\/costops.com\/index.php\/2022\/04\/28\/amazon-sees-first-loss-since-2015-as-shares-tumble-10\/"},"modified":"2022-04-28T22:36:15","modified_gmt":"2022-04-28T20:36:15","slug":"amazon-sees-first-loss-since-2015-as-shares-tumble-10","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2022\/04\/28\/amazon-sees-first-loss-since-2015-as-shares-tumble-10\/","title":{"rendered":"Amazon sees first loss since 2015 as shares tumble 10%"},"content":{"rendered":"<p>Tech giant\u2019s revenues grew at a sluggish 7% in the first quarter to $116.4bn as shoppers switch back to bricks and mortar<\/p>\n<p>Amazon announced its first loss since 2015 on Thursday as sales slowed, costs rose and its investment in electric vehicle company Rivian wiped out profits.<\/p>\n<p>The news sent Amazon\u2019s shares tumbling by 10% in after hours trading.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/technology\/2022\/apr\/28\/amazon-revenue-loss-shares-drop\">Continue reading&#8230;<\/a><br \/>\n<img src=\"https:\/\/i.guim.co.uk\/img\/media\/d3add21993d287b93e1bd6d95b5bd68658e55c01\/0_66_2788_1673\/master\/2788.jpg?width=140&amp;quality=85&amp;auto=format&amp;fit=max&amp;s=fa70e53d5ac77b78b1144fc5ed82f931\" title=\"Amazon sees first loss since 2015 as shares tumble 10%\" \/>Tech giant\u2019s revenues grew at a sluggish 7% in the first quarter to $116.4bn as shoppers switch back to bricks and mortar<br \/>\nAmazon announced its first loss since 2015 on Thursday as sales slowed, costs rose and its investment in electric vehicle company Rivian wiped out profits.<br \/>\nThe news sent Amazon\u2019s shares tumbling by 10% in after hours trading. Continue reading&#8230;Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tech giant\u2019s revenues grew at a sluggish 7% in the first quarter to $116.4bn as shoppers switch back to bricks and mortar Amazon announced its first loss since 2015 on Thursday as sales slowed, costs rose and its investment in electric vehicle company Rivian wiped out profits. The news sent Amazon\u2019s shares tumbling by 10% &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"http:\/\/costops.com\/index.php\/2022\/04\/28\/amazon-sees-first-loss-since-2015-as-shares-tumble-10\/\"> <span class=\"screen-reader-text\">Amazon sees first loss since 2015 as shares tumble 10%<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":0,"featured_media":5548,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/5547"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=5547"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/5547\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/5548"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=5547"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=5547"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=5547"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}