Most companies that tumble from an annual profit of $8.1bn to announce a second consecutive quarterly loss, this one of $2bn, could expect to be touching the toes and preparing for the market to give it a thrashing worthy of the fruitiest sections of Tom Brown’s Schooldays.
Normal rules don’t apply to Amazon, however, and this dip into the red was written off as a mere rounding error on the march to greatness. The share price shot up more than 10% as investors focused on rising sales and an upbeat forecast for the rest of the year...If you have already registered or subscribed, please sign in to continue.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Amazon splashes $1.7-billion on Roomba maker iRobotAmazon.com will acquire iRobot in an all-cash deal for about $1.7-billion, the robot vacuum cleaner maker said on Friday.
Source: TechCentral - 🏆 8. / 71 Read more »
Nigeria: Amazon Prime Video Launches Local Service in NigeriaAmazon Prime Video today announced the launch of the localized version of its streaming service in one of Africa's biggest markets--Nigeria. Just as it did in Southeast Asia some days back, the tech giant is attempting to boost its subscriber push in new markets like Africa by increasing its investment in local production, unveiling slates of localized originals and introducing discounted Amazon Prime membership offerings to customers.
Source: allafrica - 🏆 1. / 99 Read more »
For the law to rule, it must be appliedOPINION| For the law to rule, it must be applied - Mere forgiving and forgetting based on a lack of political will, incompetence, laziness, corrupt motives or even universal love, is not on
Source: mailandguardian - 🏆 2. / 92 Read more »
For the law to rule, it must be appliedOPINION| For the law to rule, it must be applied: Mere forgiving and forgetting based on a lack of political will, incompetence, laziness, corrupt motives or even universal love, is not on
Source: mailandguardian - 🏆 2. / 92 Read more »
Benni never applied for Chiefs, Pirates coaching jobs -agent | The CitizenMcCarthy was heavily linked with the Soweto giants after he parted ways with AmaZulu in March. Aibo he can't coach PIRATES.
Source: TheCitizen_News - 🏆 6. / 75 Read more »
WATCH: Appetite for ETFs amid market volatilityBusiness Day TV speaks to Chris Rule, head of product and client solutions at CoreShares
Source: BDliveSA - 🏆 12. / 63 Read more »