US stocks fall as bond yields jump and investors await Apple, Amazon earnings

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NYSE Trader

Lucas Jackson/Reuters

US stocks extend sell-off as bond yields jump following Fitch downgrade of US credit rating

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Worried trader

Don Emmert /AFP/GettyImages

Amazon stock sinks after its warning on AWS growth erases a post-earnings rally

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Andy Jassy
Amazon Web Services CEO Andy Jassy.

Associated Press

Amazon's corporate employees will be paid up to 50% less in 2023 because of its falling stock price, report says

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Andy Jassy, CEO of Amazon Web Services, or AWS, the retail giant's cloud-computing business.
Salaries for Amazon's corporate employees are largely made up of restricted stock units.

Mike Blake/Reuters

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