Market hardly Primed for Amazon outperformance
(World News UK)

Amazon beat market expectations on its first quarter figures, posting a 23 per cent growth in net sales. The firm generated $724m of net income, a considerable jump on the same period in 2016, prompting shares in the Seattle-based firm to climb 3.5 per cent in after hours trading. The figures Net sales increased 23 per cent to $35.7bn (£27.7bn) in the first quarter, compared with $29.1bn in 2016 – sales did include a $492m boost from...