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Here’s Why Shares of Amazon are Higher on Thursday

June 3, 2023
in Trade Tube
Reading Time: 1 min read
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Shares of Amazon are higher after the company reported second quarter results that handily beat Wall Street forecasts. Amazon posted profits of $1.78 a share, that was $0.67 ahead of forecasts. On the top line, sales came in at $30.4 billion, that was nearly $900 million dollars better than estimates and a 31 percent increase from the same period last year. Amazon said

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