Amazon’s 2Q profits miss Wall Street expectations

Amazon's ramped up investments into speedier delivery for its Prime customers squeezed second-quarter profits. The Seattle-based company says profits for the three-month period ended June 30 was $2.62 billion, or $5.22 per share. That compares with $2.53 billion, or $5.07 per share, in the year ago quarter. Analysts had expected earnings per share of $5.56 per ...

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Amazon’s 2Q profits miss Wall Street expectations

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