Amazon sees $60 billion in market cap erased after quarterly profits shrink (AMZN)

6:38am PDT - May 1st, 2020    amzn - Business Insider

  • Amazon reported first-quarter earnings Thursday that missed analyst expectations. 
  • Shares fell 5% in early trading, erasing $60 billion in market value from the tech giant. 
  • While revenue jumped because of the coronavirus pandemic, …