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.
NEW YORK (AP) — Amazon is implementing a hiring freeze on the corporate side of its retail business for the rest of the year, according to a New York Times report, becoming the latest company to pause hiring plans amid growing concerns about an economic downturn. Citing an internal announcement, The New York Times reported Tuesday that the company informed recruiters all open job postings for such roles will close, and new openings will be available next year. The internal email also recommended