Amazon Says It Will Risk Loss to Cover Jump in Pandemic Spending

Bezos says virus outbreak is ‘hardest time we’ve ever faced’
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Watch: Dan Ives, Wedbush analyst, discusses Amazon.com Inc. earnings on "Bloomberg Technology." (Source: Bloomberg)

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By Matt Day and Spencer Soper

April 30, 2020 at 8:22 PM UTC

Updated on

May 1, 2020 at 2:24 PM UTC

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Amazon.com Inc. Chief Executive Officer Jeff Bezos normally uses the company’s earnings report to extol the virtues of Alexa or the benefits of Prime. On Thursday, he told investors to hold on tight as his company navigates “the hardest time we’ve ever faced.”