
Amazon.com, Inc. (NASDAQ:AMZN) shares traded higher by 11.5% on Friday after the company reported impressive second-quarter numbers in a difficult macroeconomic climate.
On Thursday, Amazon reported a second-quarter adjusted EPS loss of 20 cents, missing analyst estimates of a 14-cent profit. Second-quarter revenue was $121.2 billion, beating Wall Street expectations of $119.3 billion. Revenue was up 7% from a year ago.