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Amazon shoots losses to 3,600 million for the Rivian hole

Amazon recorded historic losses in the first quarter of 2022, the largest in the last seven years, of 3.

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Amazon shoots losses to 3,600 million for the Rivian hole

Amazon recorded historic losses in the first quarter of 2022, the largest in the last seven years, of 3.8 billion dollars (about 3.6 billion euros) compared to a profit of 8.1 billion euros the previous year. Its titles have sunk to 14.05% at the close.

The hole is caused by the impact on the accounts of $7.6 billion from his investment in electric van maker Rivian, where he owns roughly 18%. The electrical manufacturer has sunk in the stock market when passing


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