Today’s Deals – Amazon’s Web Services are shining in its latest earnings beat

amazon Amazon posted its first-quarter earnings today, and boy did they not disappoint: it beat what analysts were expecting on nearly all fronts, and the stock is up more than 12% after its huge beat. What’s going on here with the stock? Basically, Amazon shares tend to swing wildly whenever it reports earnings. Last quarter shares tanked 13% after missing fourth-quarter expectations. The year… Read More

from TechCrunch

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