Amazon’s revenue will increase as consumer and business spending improve

Amazon's revenue will increase as consumer and business spending improve

Amazon reported strong quarterly sales on Thursday, showing that companies and consumers are spending as inflation eases. The company had revenue of $143.1 billion in the third quarter, a 13% year-over-year increase. It had a profit of 9.9 billion dollars. The results beat analysts’ expectations and beat Amazon’s own forecast. But Amazon also gave a …

Read more