Retail is a dead man walking: Amazon shares hit all-time high




Shares of Amazon are crazy

Tech is absolutely on fire today, and nothing is more hot than Amazon, which is up 12%. They had closed at $972 yesterday, and are trading at $1087 — $115 gain — and the trim of the July intraday high of $1083.

Jeff Bezos has made nearly $ 10 billion today. I guess that this is literally the most a single person has ever done in a single day.

The speech, is that it happens after pharmacy next.

It will disassemble each consumer of the industry and did not even care if his business makes money. It is trading at a 300x multiple.



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