Amazon – making money out of the recession

Amazon posted the biggest profit in its 26-year history as online sales surged during the pandemic. They have hired more staff in recent months unlike most companies; revenue was 40% up from a year ago to $88.9 billion and Amazon shares have risen by more than 60% this year. They are starting to expand into free grocery deliveries affecting supermarkets’ prospects; and their cloud and data storage while not as successful as Google’s Alphabet is also up.
The Amazon First Sale chart of