Why investors suddenly want a piece of Amazon

Amazon’s stock just skyrocketed 18 percent in after-hours trading. Here are three reasons why investors are happy right now: 1) Amazon surprised Wall Street Amazon surpassed analyst expectations by a landslide. The company was expected to generate losses per share of $0.14 — it instead delivered earnings of $0.19 per share. That’s huge. It also beat revenue estimates by 3 percent. 2) Totally unexpected profit Though Amazon has […]...