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HomeBusinessAmazon surges as US stocks shrug off bond yield worries

Amazon surges as US stocks shrug off bond yield worries

NEW YORK: Wall Street stocks charged higher Friday (Jul 31) behind strong earnings from Amazon that offset the drag from higher US Treasury yields. Shares of Amazon surged 15. 3 per cent as the tech giant posted more than US$62 billion in quarterly profits behind a 20 per cent revenue increa

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