Wednesday, July 27, 2011

Amazon revenue, spending surges; stock jumps

SAN FRANCISCO (Reuters) - Amazon.com Inc will use its surging revenue to boost growth and drive expansion into areas such as Web content and cloud computing rather than boost its margins.

Source: http://feeds.reuters.com/~r/reuters/topNews/~3/Hj_aEprdVDg/us-amazon-idUSTRE76P6KB20110727

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