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Consumer Discretionary : Internet & Direct Marketing Retail | Large Cap Growth
Company profile

Amazon.com, Inc. offers a range of products and services through its Websites. The Company's products include merchandise and content that it purchases for resale from vendors and those offered by third-party sellers. It also manufactures and sells electronic devices. It operates through three segments: North America, International and Amazon Web Services (AWS). Its AWS products include analytics, Amazon Athena, Amazon CloudSearch, Amazon EMR, Amazon Elasticsearch Service, Amazon Kinesis, Amazon Managed Streaming for Apache Kafka, Amazon Redshift, Amazon QuickSight, AWS Data Pipeline, AWS Glue and AWS Lake Formation. AWS solutions include machine learning, analytics and data lakes, Internet of Things, serverless computing, containers, enterprise applications, and storage. In addition, the Company provides services, such as advertising. It also offers Amazon Prime, a membership program that includes free shipping, access to streaming of various movies and television (TV) episodes.

Premarket

Last Trade
Delayed
$2,890.04
11.34 (0.39%)
Bid
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Ask
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B/A Size
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Market Hours

Closing Price
$2,878.70
Day's Change
0.00 (0.00%)
Bid close
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Ask close
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B/A Size
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Day's High
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Day's Low
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Volume
(Light)
Volume:
6,199

10-day average volume:
4,274,285
6,199

UPDATE: Trump calls coronavirus testing 'overrated,' claims U.S. would have 'very few' cases if no testing

3:01 pm ET May 15, 2020 (MarketWatch)
Print

By Mike Murphy

Many on social media pounce on president's flawed logic

While health officials continue to stress the importance of testing as the key to controlling the coronavirus pandemic, President Donald Trump on Thursday suggested testing is "overrated":

Speaking to employees at an Owens & Minor Inc. (OMI) medical-supply plant in Allentown, Pa., Trump said testing might be the problem.

"So we have the best testing in the world," Trump said. "It could be the testing's, frankly, overrated? Maybe it is overrated."

The country has more than 1.4 million confirmed cases of COVID-19, but Trump said that's only because the U.S. has carried out more tests.

"We have more cases than anybody in the world, but why? Because we do more testing," Trump said. "When you test, you have a case. When you test you find something is wrong with people. If we didn't do any testing, we would have very few cases. They don't want to write that. It's common sense. We test much more."

Many on social media were quick to point out the obvious flaw in the president's logic.

(https://twitter.com/tedlieu/status/1261066612473397248)

(https://twitter.com/JoeNBC/status/1261051415415476224)

(https://twitter.com/joelockhart/status/1261052112626212866)

(https://twitter.com/quinncy/status/1261022882357899264)

(https://twitter.com/mirandayaver/status/1261060324179890176)

(https://twitter.com/johnpavlovitz/status/1261032776398254080)

(https://twitter.com/StephenAtHome/status/1261112815772893184)

(https://twitter.com/KenTremendous/status/1261119130855337985)

The U.S. has carried out nearly 10 million coronavirus tests, but health experts say hundreds of thousands more per day need to be conducted before it's safe to reopen the economy. And while the U.S. has conducted the most tests worldwide by sheer numbers, more than 30 countries rank higher (https://www.worldometers.info/coronavirus/#countries) in testing on a per capita basis.

In a statement late Thursday, Joe Biden's campaign criticized Trump's comments: "With his statement today, President Trump has once again demonstrated that he is more concerned with his poll numbers and his re-election than he is with safeguarding American lives and delivering real economic recovery -- both of which every expert tells us can only happen with adequate testing capacity to track and stop this disease."

-Mike Murphy; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

May 15, 2020 15:01 ET (19:01 GMT)

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