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Amazon beats Q4 revenue estimates, but profits slump

Amazon beats Q4 revenue estimates, but profits slump

NEW York (AP) — Amazon on Thursday reported worse-than-expected profits, but its revenue beat expectations boosted by sales in North America businesses and the cloud-computing unit AWS. Amazon said it made $300 million in profits, or 3 cents per share, falling below the $2.03 billion analysts surveyed by FactSet had been expecting. The company said […]

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