Amazon soars on surprise profit result

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

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