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SmartMoney 08/03/2020 13:59
Global Payments Inc. topped earnings expectations Monday and announced a new partnership with Inc.’s Amazon Web Services that it said would provide more cloud-focused offerings for bank clients and allow the company to expand its geographic reach.
More from SmartMoney: 08/03/2020 13:39
You can see all of today’s research reports here >>> Amazon was enjoying plenty of sunshine even before the pandemic hit, but the Covid-19 pandmec has truly established the company's status as a bellwether of our times.
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Channel NewsAsia (Singapore) 08/03/2020 09:40
Earnings, Microsoft boost Wall St. as investors await stimulus.
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One America News Network 08/03/2020 09:30
Earnings have been a nice surprise,” said Stephanie Link, portfolio manager at Hightower Advisors in New Jersey.
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Seeking Alpha 07/31/2020 17:24
I think this is the best way to describe Amazon's (AMZN) second quarter result, considering how much business (and life, in general) has been disrupted by COVID-19 in 2020.
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Benzinga 07/31/2020 11:25
We continue to like Amazon’s 2H setup with a strong holiday ahead, driven by changing retail habits (plus Prime Day in 4Q),” Post said.
More from Benzinga: 07/31/2020 11:00
The earnings announcement emphasized keeping employees safe, but Amazon earned its stripes by keeping customers satisfied.
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MarketWatch 07/31/2020 10:44
While all Inc. investors are happy with the e-commerce giant's second-quarter earnings report, as the stock surged 4.5% in morning trading, the happiest of all may be Chief Executive Jeff Bezos. He is by far Amazon's largest shareholder with 55,488,770 shares according to the latest SEC filing on ownership, which represents 11.1% of the shares outstanding. With the stock rising $137.50, Bezos's Amazon shares are worth $7.63 billion more than they were on Thursday. The stock has soared 15.6%, or $430.56 in July, adding $23.89 billion to Bezos's kitty. In comparison, the S&P 500 has gained 4.5% this month. Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit for more infor.
More from MarketWatch: 07/31/2020 00:38
Brian Olsavsky, Amazon's chief financial officer, told reporters that the outsised profit surprised the company because at the time it issued its forecast last quarter, shoppers were buying lower-margin products.
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