Amazon posts anomalous profit, Wall Street swoons
Investor enthusiasm for Amazon.com Inc is pretty consistent: the stock tends to rise, even though the company isn`t consistent about making profits.
Jul 26, 2015, 18:14 PM IST
Amazon surprises with quarterly profit, stock rallies
Amazon.com Inc swung to an unexpected quarterly profit on higher sales in North America, its popular Prime subscription service and growing demand for its Web services, sending the online retailer`s shares up more than 17 percent.
Jul 24, 2015, 09:06 AM IST
Microsoft coy on cloud profit after Amazon delivers
Amazon.com Inc surprised investors on Thursday by disclosing for the first time that it makes a profit from its fast-growing cloud-computing business.
Apr 24, 2015, 09:33 AM IST
Bezos defends Amazon's lack of profits, stance on publishers
Jeff Bezos, the chief executive of Amazon.com Inc, was unapologetic about his twenty-year-old company`s lack of profit during a rare public appearance on Tuesday, noting he spends just six hours a year on investor relations.
Dec 03, 2014, 09:02 AM IST
