/cloudfront-us-east-1.images.arcpublishing.com/tgam/ECLFFSP7XRNP7KLKGIEAOBGV5A.JPG "Amazon revenue beats estimates with stable online shopping demand, cloud strength")
Amazon.com Inc’s AMZN-Q on Thursday reported quarterly sales and profit ahead of expectations, projecting confidence in its cloud business despite a clampdown in customers’ spending and touting how its aggressive cost cuts were starting to pay off. Shares rose 8% in extended trading, also bolstered by a forecast for second-quarter results roughly in line with...
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