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Amazon shares surge as earnings beat expectations
Amazon shares surge as earnings beat expectations
by  AFP

Shares in Amazon leapt on Thursday after the online retail colossus reported it made a lot more money than expected in the first quarter of 2023. Amazon reported a profit of $3.2 billion on sales that climbed 9 percent to $127.4 billion in the quarter.

Caterpillar shares fall despite strong results
Caterpillar shares fall despite strong results
by  AFP

Caterpillar reported higher profits Thursday and offered an upbeat outlook on industrial conditions, but shares fell amid worries over weakening global growth. Despite topping analyst estimates, Caterpillar shares fell 2.4 percent to $211.07 in early-afternoon trading.

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