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Amazon’s market clout surges in Q1

Amazon.com Inc. shares jumped to a record high Friday, up as much as 7.9%, with analysts applauding the company’s biggest expansion in profit margins in about two years. The company generated $51.04 billion in revenue in Q1 2018, up 42.9% from $35.71 billion a year earlier. Its net income also more than doubled to $1.63 […]

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