E-commerce, Fourth Quarter Earnings | featured news

Amazon shares set record after strong quarterly profit

Amazon.com Inc shares hit a record on Tuesday after it reported better-than-expected quarterly profit, fueled by the growth of higher-margin businesses during the fiercely competitive holiday quarter.

 

Amazon revenue misses, shares plunge

Amazon.com posted quarterly revenue that fell short of analysts' estimates on Thursday and its shares fell almost 10 percent.

 

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