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Amazon Could Be Worth $1.4 Trillion Soon. Why an Analyst Says It Could Happen.

(AMZN) reports March quarter results next Thursday, and investors are anticipating a blowout. Amazon announced plans to hire an extra 100,000 workers to meet the surge—then filled those slots, and said it would hire 75,000 more. In a research note Thursday, Goldman Sachs analyst Heath Terry said he thinks Amazon will be “well above consensus” in the March quarter for both revenue and profits—and he thinks the company will guide second quarter results above consensus, as well. Read More...

(AMZN) reports March quarter results next Thursday, and investors are anticipating a blowout. Amazon announced plans to hire an extra 100,000 workers to meet the surge—then filled those slots, and said it would hire 75,000 more. In a research note Thursday, Goldman Sachs analyst Heath Terry said he thinks Amazon will be “well above consensus” in the March quarter for both revenue and profits—and he thinks the company will guide second quarter results above consensus, as well.

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