Tech & Science : Amazon grows stronger than expected - share shoots up

Channel Meghan Markle’s Denim Vibes With These $26 Shorts From Amazon

  Channel Meghan Markle’s Denim Vibes With These $26 Shorts From Amazon Channel Meghan Markle’s Denim Vibes With These $26 Shorts From AmazonSummer is a time to truly let denim shine — even if you’re royalty! Meghan Markle, for example, isn’t afraid to rock a chic version of a Canadian tuxedo when she isn’t making official appearances.

The world's largest online retailer Amazon has significantly increased sales in the second quarter despite high inflation and suffering from recession.

Auch Amazon leidet unter der Inflation. © Rolf Vennenbernd/dpa also Amazon suffers from inflation.

revenues increased by 7 percent of the year by 7 percent to $ 121.2 billion (119 billion euros), as the group announced on Thursday after the US exchange conclusion. The operating profit fell from 7.7 billion to $ 3.3 billion, but exceeded the expectations of the experts.

Even if the shopping boom inspired by the pandemic is over on the Internet, Amazon's subscription services increase sales by $ 10 percent to $ 8.7 billion. Despite the price increases, the group managed to attract new customers for their prime service with free shipping and streaming services, which usually spend significantly more money on the e-commerce platform than other users.

Celebrity couples who broke up in 2022

  Celebrity couples who broke up in 2022 Unfortunately, many relationships do not last forever, and those of famous people are no different. From couples who have been dating for a few months to those who have filed for divorce after decades together, sometimes the end is inevitable. Fans were overjoyed when Chelsea Handler revealed that she was madly in love with fellow comedian Jo Koy, who she had known for more than 20 years. Their relationship seemed like the stuff of dreams, but shortly before their one-year anniversary, the couple announced their decision to split. In a heartfelt Instagram post, Handler spoke in detail about how wonderful her relationship with Koy had been and how much they still loved and supported each other. "To be loved and adored by @jokoy has been one of the greatest gifts of my life. He renewed my faith in men, in love, in being 100% who I am, and I've never been more optimistic for the future," she wrote. However, she said, "we have decided together that it is best for us to take a break from our relationship right now." Click through and find out which famous couples called it quits this year.

The quarterly report was well received on the financial market, the stock was temporarily a bit of more than 12 percent. Investors particularly pleased the business outlook for the current quarter. Amazon promised sales growth from up to 17 percent to $ 125 billion to $ 130 billion. Analysts had expected an average of $ 127 billion.

Business Corporal

The bottom line was that Amazon booked a net loss of $ 2.0 billion in the three months to the end of June. The reason, however, was that participation in the electric car maker Rivian was devalued by $ 3.9 billion. The company generally came under a violent pressure on the tech levels on the stock exchange and had already smelled a $ 7.6 billion balance sheet correction and red figures in the previous quarter.

How Amazon wants to make a place of choice in medicine

 How Amazon wants to make a place of choice in medicine © Mike Mareen/Adobe Stock How Amazon wants to make a place of choice in medicine The online commerce giant invests nearly four billion euros in The One Medical care network with the ambition of "reinventing" the health sector. Amazon takes one more step in the health sector. After drugs, telemedicine and vaccines, the American giant still accelerates its investments and will buy the One Medical care network, for $ 3.9 billion.

Despite persistent inflation prints in petrol, energy and transport, Amazon is making progress in cost control, said CEO Andy Jassy. In particular, productivity in the warehouse and delivery network has been improved. Ultimately, operating expenses climbed by around 12 percent to $ 117.9 billion compared to the previous year. The increase was higher than in sales, but feared less than from financial experts.

The cloud business with storage space and applications on the Internet, which is extremely important for Amazon because of its high profit margins, continued to flourish. The flagship Amazon Web Services increased the proceeds by almost a third to $ 19.7 billion. The Cloud platform's operating profit increased by around 36 percent to $ 5.7 billion. Amazon's increasingly important online advertising business increased the proceeds by 18 percent to $ 8.8 billion.

NRL News: Dragons re-sign rising star but another may leave FOUR years early, Gus shoots down Reynolds return to Dogs .
Victorian opposition leader Matthew Guy refused to answer questions today about his involvement in Mitch Catlin's request for 100,000 payment into his business account while serving as Guy's chief of staff

See also