Amazon's Birthday Present: Surprise 2Q Profit

Filed under: Company News, Amazon.com, Earnings, Retail, Internet

Ross D. Franklin/APBy MAE ANDERSONNEW YORK -- Investors helped Amazon celebrate its 20th birthday, pushing the online retailer's stock up 17 percent in aftermarket trading Thursday after it reported a surprise second-quarter profit.If the jump holds in Friday trading, Amazon's stock-market value could surpass that of its longtime retail rival Walmart Stores (WMT), signaling a sea change in the U.S. retail landscape.Amazon...

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