Reported 1 day ago
Amazon is set to kick off its annual Prime Big Deal Days on October 7-8, featuring exclusive discounts for Prime members ahead of the holiday shopping season. The company, known for its diverse e-commerce and cloud computing services, has recently reported strong Q2 earnings, exceeding analyst expectations with a revenue increase of 13% year-over-year. Despite slight declines in cash reserves due to increased investments, Amazon's shares have outperformed the S&P 500 over the last six months, signaling a robust growth trajectory.
Source: YAHOO