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Meta, Amazon beat expectations with stellar results
Meta, Amazon beat expectations with stellar results
by  AFP

Meta and Amazon on Thursday blew through expectations in their latest quarterly results as Big Tech continued to impress Wall Street. Amazon also impressed investors with sales up to a more-than-expected $170 billion in the last quarter of last year, after a record-beating holiday season.

US govt sends drugmakers initial offers in price talks
US govt sends drugmakers initial offers in price talks
by  AFP

The US government said it was making initial offers to drugmakers Thursday as part of Medicare negotiations meant to lower the prices many older Americans would pay for 10 medicines. Last October, major drugmakers behind 10 selected medicines for serious illnesses grudgingly agreed to negotiate on cutting prices.

Amazon results beat expectations after record holiday sales
Amazon results beat expectations after record holiday sales
by  AFP

Online retail giant Amazon on Thursday said sales jumped to a more-than-expected $170 billion in the last quarter of last year, after a record-beating holiday season. "This Q4 was a record-breaking holiday shopping season and closed out a robust 2023 for Amazon," CEO Andy Jassy said in a statement.

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