Amazon Stock Jumps After Earnings Report Record $15.3 Billion Profit
Amazon reported record profits on Thursday, as cloud computing sales picked up steam and its retail business showed resilience. Sales from July through September hit $158.9 billion, up 11 percent from the same period a year earlier. Profit rose 55 percent, to $15.3 billion. The results surpassed Wall Street’s expectations. Amazon’s cloud computing business is […]