Amazon shares soar as earnings beat expectations
NEW YORK (AP) " Amazon posted third-quarter earnings that far surpassed Wall Street expectations, helped by the acquisition of organic grocer Whole Foods and an increase in sales during its summer "Prime Day" promotions.The company also said Thursday that it expects sales to rise during the busy holiday-shopping season. Its shares soared 8 percent in extended trading after releasing the results.Amazon has been busy in the past few months: It gained 465 physical stores after it [...]
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