Time for a big 2023 prediction. Michael Batnick of Ritholtz Wealth Management made a 2023 call that Jeff Bezos will return to Amazon. Amazon has lost nearly half its value since Andy Jassy took over — even underperforming major benchmarks. But Bezos owns nearly 10% of Amazon’s shares worth nearly $90B. Is this enough of…
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Big tech struggles to break into the massive healthcare industry, Amazon pushes harder
There’s a better way, and Amazon wants to be the one to provide it. Nearly two weeks after stirring up the food delivery space, Amazon is spreading fear to another industry — paying up big time to acquire a health care company. What happens when you don’t succeed? Throw more money at the problem. Amazon’s…
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