Amazon stock saw its best day in nine months on Friday.
It climbed as much as 7.6% to $200.50, its steepest intraday gain since Feb. 2, after a strong third-quarter earnings report. Shares traded around $199 as of 12:30 p.m. in New York, less than 1% from all-time closing highs set in July.
The tech titan beat estimates for both revenue and earnings-per-share, led by strength in cloud computing and cost-efficiency efforts. It also forecasted fourth-quarters sales in line with Wall Street […]
Amazon stock jumps most in 9 months as cost cuts, cloud spark earnings beat