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Amazon beats expectations in first quarter earnings as shares jump 11%

Amazon beats expectations in first quarter earnings as shares jump 11%

a year ago
Anonymous $QMjB47b2Hv

https://www.theguardian.com/technology/2023/apr/27/amazon-shares-jump-first-quarter-earnings

E-commerce behemoth, in the midst of aggressively cutting costs including laying-off 27,000 workers, reported revenue growth

Amazon shares jumped more than 11%, as income from its cloud computing and advertising units beat estimates for the first quarter of the year.