Amazon stock jumps 6% as quarterly profits top $15 billion

BREAKING NEWS

Amazon shares jumped 6% in after-hours trading after the company topped estimates for its third quarter earnings — reporting $158.9 billion in revenue, up 11% year-over-year. Profits jumped to $15.3 billion, from $9.9 billion a year ago. Amazon Web Services continues to drive profits for the larger business, reporting $10.4 billion in operating income.

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