What to Make of Amazon's Next CEO
In this episode of MarketFoolery, host Chris Hill is joined by Motley Fool Chief Investment Officer Andy Cross to discuss the latest earnings news. Amazon's (NASDAQ: AMZN) fourth-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's CEO later this year. Shares of Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) popped 7% as fourth-quarter results are highlighted by Google's core ad business and revenue growth from YouTube. Andy analyzes those stories, as well as the latest quarterly results from Chipotle (NYSE: CMG).
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Source Fool.com
