Alexa and AWS Star as Amazon Reports Jump in Quarterly Profit

Amazon reported on Thursday that profit leapt during the year-end holiday shopping season, but the tech giant saw shares sink as revenue fell shy of high expectations. While revenue rose to $43.7 billion (roughly Rs. 2,94,481 crores) from $35.7 billion (roughly Rs. 2,40,572 crores) in a similar year-over-year comparison, Wall […]

Dorsey-Led Square Posts Strong Results in First Quarterly Report Since IPO

Mobile payments company Square Inc’s revenue beat analysts’ estimates in its first quarterly results since going public in November, easing pressure on CEO Jack Dorsey who is also leading turnaround efforts at Twitter Inc. Square’s shares rose as much as 7 percent after market on Wednesday, before giving up some […]