Amazon's Revenue Growth Accelerates
Shares of Amazon.com (NASDAQ: AMZN) slipped in after-hours trading on Thursday, falling about 2.5% as of 5 p.m. EDT. The pullback in the stock price came after the company announced second-quarter results that missed analyst estimates on several key metrics. But there was one important silver lining in the update: The e-commerce and cloud-computing giant's revenue growth rate accelerated -- a change of pace from a trend of decelerating growth in recent quarters.
Here's a look at the results.
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