Reported about 1 year ago
Yahoo Finance's Josh Schafer discusses Amazon reaching a $2 trillion market cap for the first time, making it the fifth US tech company to achieve this milestone. He also highlights the significance of weekly jobless claims data, noting the recent trend of higher numbers and the potential implications on the economy. Schafer emphasizes the importance of jobless claims as a real-time indicator of economic conditions and potential recession risks, urging investors to keep an eye on this crucial data point.
Source: YAHOO