Amazon recorded historic losses in the first quarter of 2022, the largest in the last seven years, of 3.8 billion dollars (about 3.6 billion euros) compared to a profit of 8.1 billion euros the previous year. Its titles have sunk to 14.05% at the close.
The hole is caused by the impact on the accounts of $7.6 billion from his investment in electric van maker Rivian, where he owns roughly 18%. The electrical manufacturer has sunk in the stock market when passing
5
