Amazon stock surge makes CEO Jeff Bezos $7bn richer in 45 minutes
by Jana Kasperkevic in New York from Technology | The Guardian on (#F8FE)
- Internet retailer turns unexpected profit with sharp sales rise
- Amazon surpasses Walmart as world's most valuable company
Shares 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?
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