{"id":9805,"date":"2023-04-27T22:38:36","date_gmt":"2023-04-27T20:38:36","guid":{"rendered":"https:\/\/costops.com\/index.php\/2023\/04\/27\/amazon-beats-expectations-in-first-quarter-earnings-as-shares-jump-11\/"},"modified":"2023-04-27T22:38:36","modified_gmt":"2023-04-27T20:38:36","slug":"amazon-beats-expectations-in-first-quarter-earnings-as-shares-jump-11","status":"publish","type":"post","link":"http:\/\/costops.com\/index.php\/2023\/04\/27\/amazon-beats-expectations-in-first-quarter-earnings-as-shares-jump-11\/","title":{"rendered":"Amazon beats expectations in first quarter earnings as shares jump 11%"},"content":{"rendered":"

E-commerce behemoth, in the midst of aggressively cutting costs including laying-off 27,000 workers, reported revenue growth<\/p>\n

Amazon shares jumped more than 11%, as income from its cloud computing and advertising units beat estimates for the first quarter of the year.<\/p>\n

The e-commerce behemoth, which is in the midst of aggressively cutting costs including laying-off 27,000 workers, said revenue for the quarter was $127.4bn, a 9% growth compared to the $116.4bn it reported during the same period last year.<\/p>\n

Reuters contributed reporting<\/em><\/p>\n

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\nE-commerce behemoth, in the midst of aggressively cutting costs including laying-off 27,000 workers, reported revenue growth
\nAmazon shares jumped more than 11%, as income from its cloud computing and advertising units beat estimates for the first quarter of the year.
\nThe e-commerce behemoth, which is in the midst of aggressively cutting costs including laying-off 27,000 workers, said revenue for the quarter was $127.4bn, a 9% growth compared to the $116.4bn it reported during the same period last year.
\nReuters contributed reporting Continue reading…Technology | The Guardian<\/p>\n","protected":false},"excerpt":{"rendered":"

E-commerce behemoth, in the midst of aggressively cutting costs including laying-off 27,000 workers, reported revenue growth Amazon shares jumped more than 11%, as income from its cloud computing and advertising units beat estimates for the first quarter of the year. The e-commerce behemoth, which is in the midst of aggressively cutting costs including laying-off 27,000 …<\/p>\n

Amazon beats expectations in first quarter earnings as shares jump 11%<\/span> Read More »<\/a><\/p>\n","protected":false},"author":0,"featured_media":9806,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/9805"}],"collection":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/comments?post=9805"}],"version-history":[{"count":0,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/posts\/9805\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media\/9806"}],"wp:attachment":[{"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/media?parent=9805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/categories?post=9805"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/costops.com\/index.php\/wp-json\/wp\/v2\/tags?post=9805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}