'The best-positioned mega-cap tech company': What Wall Street is saying after Amazon's earnings
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Thomson Reuters
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The company reported a third straight quarter of record profit on Thursday, and a 31% jump in revenue year-over-year, to $29.6 billion.
Amazon Web Services, the cloud-computing platform, continued to be its fastest-growing and most profitable business, growing revenue by 58%, to $2.88 billion.
Traders barely moved Amazon's stock after the earnings release. But many of the analysts who cover the company seemed more enthusiastic.
Here's a roundup of some of the commentary:
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Disclosure: Jeff Bezos is an investor in Business Insider through hispersonal investment company Bezos Expeditions.
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