23-07-2018 08:55 via marketingweek.com

Amazon, Starbucks, Papa John’s: Everything that matters this morning

Amazon posts record results
Amazon made a record $2.5bn in profit in the second quarter of 2018 – double what analysts had predicted – while revenue grew 39% to $53bn.
The business’s especially strong performance has been attributed to its non-retail divisions – advertising and cloud-computing – which have helped to boost profits by 1,826% year-on-year.
In a conference call this morning, Amazon’s chief financial officer Brian Olsavsky, said business prioritie
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