Amazon hits new high on optimism about its U.S. business

Home Forums Amazon hits new high on optimism about its U.S. business

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    Anonymous

    Technology News

    A box from Amazon.com is pictured on the porch of a house in GoldenBy Alistair Barr SAN FRANCISCO (Reuters) – Amazon.com Inc shares hit a record on Friday after quarterly results increased optimism about the Internet retailer's U.S. business. The company reported a second-quarter net loss and weaker international growth on Thursday. However, its domestic business expanded quickly and profit in the region improved. “Their biggest market looks really healthy,” said Matt Nemer, an analyst at Wells Fargo. …


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