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Tag: Amazon’s profits


3 Reasons Amazon Could Surge in 2020

26

Dec 2019

3 Reasons Amazon Could Surge in 2020

With just a few sessions left in the year, it looks almost certain that Amazon (NASDAQ:AMZN) won’t beat the S&P 500 this year. While the e-commerce giant is still up 19% year-to-date, the broad-market index has jumped 28%. Assuming that pattern holds, it would be the first time since 2014 that Amazon has underperformed the S&P 500. While investors in the tech titan may be...

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Amazon sales growth slows in Q3 despite rising profits

30

Oct 2018

Amazon sales growth slows in Q3 despite rising profits

Amazon’s profits rose in its third quarter, although it saw its share price dip slightly after it missed analyst expectations for sales. The ecommerce giant achieved a net income of $2.9 billion (£2.26 bn) compared to £200 million the previous year. However, while net sales increased 29% to £44.1 billion, this compared to growth of 34% the year before. Sales in the company’s core online...

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