On paper, Block Inc.'s varied businesses all are potentially sensitive to a weakening economic environment, and revenue and earnings are supposed to decline from last year. In reality, the story could be more nuanced—at least for now. Read More...
Motley Fool
1 Stock-Split Stock to Buy Now, Despite a Drag From Rivian
In 2019, global e-commerce giant Amazon (NASDAQ: AMZN) placed an order to purchase 100,000 electric utility vehicles from Rivian Automotive (NASDAQ: RIVN) to help fulfill its goal to have an entirely green energy-powered delivery fleet by 2030. Along with the order, Amazon accumulated a stake in the electric vehicle maker. Fresh off its recent 20-for-1 stock split, Amazon posted its second-quarter 2022 financial results on July 28.
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