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Amazon to pass $1-trillion value
Amazon.com Inc. was on course to exceed $1 trillion in market value again after results beat expectations, with analysts applauding the popularity of the e-commerce giant’s one-day shipping initiative and the performance of its cloud-computing business.
The shares surged 8.7% in U.S. pre-market trading after reporting what Robert W. Baird & Co. analysts called an “impressive quarter from top to bottom.” [Bloomberg]
Amazon.com Inc. was on course to exceed $1 trillion in market value again after results beat expectations, with analysts applauding the popularity of the e-commerce giant’s one-day shipping initiative and the performance of its cloud-computing business.
The shares surged 8.7% in U.S. pre-market trading after reporting what Robert W. Baird & Co. analysts called an “impressive quarter from top to bottom.” [Bloomberg]