CEO Andy Jassy said Amazon expects to incur "several billion dollars" worth of costs in the fourth quarter tied to investments in supply chain and labor.
Doerr's remarks come after Tesla hit a $1 trillion market cap on Monday following news that Hertz would purchase 100,000 electric vehicles for its rental fleet.
Amazon’s first TV sets, including the 4-Series and the higher-end Omni Series, which you can talk to and control without a remote, go on sale this week.
Analysts applauded Microsoft for accelerating cloud growth in constant currency, and they liked that Google isn't getting hit hard by Apple privacy changes.
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