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I'm pretty sure it does not work that way unless they sell. Rivian's IPO changed the nature of Amazon's investment so that probably triggered the reporting. N
by meragrin_ 5y ago
I'm pretty sure it does not work that way unless they sell. Rivian's IPO changed the nature of Amazon's investment so that probably triggered the reporting. Now it won't affect the bottom line unless they sell or some other major event occurs.
- jpgvm 5y agoIt actually does work that way. They consider these investments as cash equivalents so they are reported mark to market, which will be a significant paper loss that can offset profits elsewhere and make for an ugly looking quarter.