Amazon reports nearly $4B loss in 1Q
Slatestone Wealth Chief Market Strategist Kenny Polcari discusses Big Tech’s earnings as Amazon reports a $4 billion loss for Q1.
Amazon's highly anticipated shopping holiday for Prime members is kicking off this July.
The company announced in its first-quarter earnings report that the shopping bonanza will take place in more than 20 countries as in years past.
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An Amazon spokesperson said in a statement that the day will offer "incredible savings on products from national brands and small businesses across every category."
However, Amazon did not reveal the exact date of the two-day event. Typically, the event had been held in the middle to end of July every year since 2015, aside from the last two years.
In 2015, Prime Day started July 15; Prime Day 2016 started July 12; Prime Day 2017 started July 10; and Prime Day 2018 started July 16, FOX Business previously reported.
In 2019, before the pandemic disrupted plans, it kicked off on July 15 for its first 48-hour event.