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Amazon Blows Past Q3 Expectations, Ad Revenue Jumps 26%

Amazon kept the cash register ringing in the third quarter, including a strong 26% uptick in advertising revenue, turning in results that came in above Wall Street forecasts. Overall, Amazon reported Q3 revenue of $143.1 billion, up 13%, and net income up more than threefold to $9.88 billion (94 cents per share). The quarter included sales […]

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