Amazon stock climbs as profit hits new high in Q2

Amazon.com Inc. (AMZN) posted second-quarter earnings on Thursday, riding way past analyst expectations. Sales numbers, however, slightly missed the mark. The stock climbed around 4% following the earnings release. The e-commerce giant reported net sales of $52.9 billion for the second quarter of 2018, up 39% from the same period last year. Excluding favorable impacts … Continue reading Amazon stock climbs as profit hits new high in Q2