Amazon shares climb despite job cancellations

❇️ Amazon stock rises despite job cuts.

🔸 Today, Amazon shares rose by 1.70%. The stock achieves a profit of $2.57.

🔸 This comes despite the negative news, as the company intends to lay off hundreds Employees in several different departments such as Prime Video.

🔸 This layoff comes in an attempt by the company to give priority to investments.