Amazon profit trounces estimates, sales forecast muted

Amazon profit trounces estimates, sales forecast muted

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-amazon-com-results/amazon-profit-trounces-estimates-sales-forecast-muted-idUSKCN1S12K6

Amazon.com Inc on Thursday trounced first-quarter profit estimates on soaring demand for its cloud and advertising services, but a weak forecast renewed concern that the company would spend away part of its windfall on larger investments this year.