Amazon shares have shot to record levels after a blowout earnings report seen as a potential watershed for the US online giant. In early trades on Friday, Amazon leapt 14.5 per cent to $US555.17 ($A754.82) a day after reporting a surprise profit, fuelling hopes that the company’s array of big investments is finally paying off. “After questioning the investment rationale for years, Amazon is seeing the fruits of its labours in both revenue growth and operating margin,” said Deut
This content is for IR Pro subscribers only.
Subscribe now to unlock an all-access pass.
IR Pro - monthly
$5 +GST for the first 30 days. (Auto renews at $28+GST per month.)- Unlimited news access
- Exclusive members only masterclasses (live and on-demand)
- Weekly careers advice
- Weekly and quarterly digital magazines delivered to your inbox
MOST POPULAR
IR Pro - annual
$312 +GST per year. (Auto renews annually.)- Unlimited news access
- Exclusive members only masterclasses (live and on-demand)
- Weekly careers advice
- Weekly and quarterly digital magazines delivered to your inbox