Amazon crosses Wall Street’s estimates, posts $134 bn revenue in Q2

Amazon.com Inc on Thursday reported sales growth and profit ahead of Wall Street’s expectations, as the company delivered goods faster and cheaper to shoppers and as recent cloud-computing headwinds began to subside. Shares of Amazon rose about 11 per cent in early trade. Facing an array of challenges, Amazon has aimed to… Continue reading Amazon crosses Wall Street’s estimates, posts $134 bn revenue in Q2