Amazon Smashes Expectations As Cloud Profits Soar; Stock Dips Then Jumps
July 28, 2016 at 18:06 PM EDT
Moments ago Jeff Bezos' company reported Q2 earnings that blew away expectations, when it printed revenues of $30.4 billion, well above the expected $29.6 billion, up 31% Y/Y, and generating EPS of $1.78 more than 50% higher than the $1.12 expected.
