from24/7 Wall St.
6 days agoInvestors Are Sick of Amazon
Amazon's e-commerce business, which was shaky for several quarters, has made a major comeback. Revenue at its core North American business rose to $106 billion from $96 billion in the same quarter a year ago. Operating income dipped slightly to $5 billion. Revenue in its cloud business, which is considered its growth engine, rose from $27 billion to $33 billion year over year.
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