Scalper1 News
Amazon.com stock skidded 10% in after-hours trading Thursday after the e-commerce leader posted a much-bigger-than-expected Q2 loss, as the company continues to spend heavily for growth. Q2 revenue jumped 23% from the year-earlier quarter and met views, but the company forecast rising losses for the current quarter that also missed Wall Street views. For Q2, Amazon (AMZN) reported a per-share loss of 27 cents, compared with a 2-cent loss in the Scalper1 News
Scalper1 News