On friday, amazon shares fell by 14 %, wiping out over 200 billion dollars off its market cap. It reported a loss of nearly four billion dollars for the quarter and had its slowest hear of a year growth in two decades. In april was nasdak's worst month since two thousand eight and there could be bad, more bad news for the stock market. The feathers expected to raise rates because of inflation on wed Wednesday.
Kara and Scott discuss Amazon missing its earnings target, employee morale at the FTC, and Warren Buffet’s latest comments on the stock market. Plus, the Correspondents Dinner is back and workers behind union drives at Amazon and Starbucks may get a White House visit. Then, we’re joined by Friend of Pivot, Tripp Mickle to discuss his book, “After Steve” about Apple post Steve Jobs.
You can find Tripp on Twitter at @trippmickle and can order “After Steve” here.
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