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Amazon shares climb after revenue soared 13% in Q3 to beat Wall Street estimates

Por: New York Post Business October 26, 2023

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Amazon on Thursday predicted a rise in holiday revenue that could still miss Wall Street expectations, buoyed by a recent marketing blitz, faster delivery and stabilizing outlook for its cloud division. Amazon shares rose as much as 5% in after-hours trading before turning negative to slip 0.3%. Facing an , Amazon is trying to keep its mantle as the world’s biggest cloud provider and online retailer. The company has sought to bolster its... + full article



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