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Not likely. Amazon posted very little profit in the first quarter, yet the stock price is higher than the time when they were seeing record profits. The most l
by randomdata 3y ago
Not likely. Amazon posted very little profit in the first quarter, yet the stock price is higher than the time when they were seeing record profits.
The most likely reason for their high stock price is due to their investments in the future and stockholders believing that those investments will prove to be worthwhile.
Investments that include things that will help with workplace safety, like vehicle autonomy, if they prove worthwhile. After all, putting workers out on the dangerous roads to deliver goods is a large part of why Amazon is a dangerous place to work. But there is no guarantee of success here.
In the in air of "If only Amazon invested in safety, they could be one of the safest workplaces in America!", the mistake Sanders seems to be making, perhaps on purpose, is suggesting that making an investment will always produce results. In the real world, investments often fail.