Amazons New CEO

Published: Feb. 3, 2021, 5:42 p.m.

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Amazon\\u2019s 4th-quarter revenue of $125 billion takes a back seat to the news that founder Jeff Bezos will step down as CEO. AWS founder (and longtime Amazon employee) Andy Jassy will become Amazon\\u2019s CEO later this year. Shares of Alphabet pop 7% as 4th-quarter results are highlighted by Google\\u2019s core ad business and revenue growth from YouTube. Andy Cross analyzes those stories, as well as the latest quarterly results from Chipotle.

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