Amazon shares hit record high as profit tops $2 billion for first time

July 27, 2018 admin Business News Comments Off on Amazon shares hit record high as profit tops $2 billion for first time

Shares of Amazon.com Inc rose 4 percent to hit an all-time high after the online retailing giant’s quarterly profit topped $2 billion for the first time, powered by its best operating margin in 13 years.

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Source:: Reuters – Business News