Business

Amazon’s Value Surpasses Wal-Mart After Surprise 2Q Profit

MAE ANDERSON, AP Technology Writer NEW YORK (AP) — It’s official: Amazon is bigger than Wal-Mart. Amazon shares surged 15 percent on Friday after the e-commerce powerhouse reported a surprise second-quarter profit and a better-than-expected 20 percent jump in revenue. The sharp increase in shares Read More

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