Amazon stock surge makes CEO Jeff Bezos $7bn richer in 45 minutes

Internet retailer turns unexpected profit with sharp sales riseAmazon surpasses Walmart as world’s most valuable retail companyShares in retail giant Amazon soared 18% in after-hours trading on Thursday, making it the most valuable retail company in the world, after the company announced an unexpected profit and a sharp rise in sales for its latest quarter.Related: Amazon at 20: what has the online giant ever done for retail?Continue reading...