Amazon (AMZN) Stock Spiking After Earnings Release, Surprise Quarterly Profit

AMZN rose more than 10% today after reporting second-quarter earnings after Thursday's closing bell, crushing the estimates for both earnings per share and revenue. The Street was expecting a loss of 14 cents a share, and Amazon instead reported a gain 

Strength in Amazon's AWS and third-party marketplace businesses helped the online retailer deliver a surprise profit during the second quarter.

Amazon.com (Consumer Discretionary — AMZN:Nasdaq, $488.10, 41 shares, 4.13%; $550 price target): Amazon's shares rocketed 7% higher this week ahead of its second- quarter earnings release due on Thursday after the market close. To be clear 

Amazon.com (Consumer Discretionary — AMZN:Nasdaq, $488.10, 41 shares, 4.13%; $550 price target): Amazon's shares rocketed 7% higher this week ahead of its second- quarter earnings release due on Thursday after the market close. To be clear 

Cigna—Health insurer Anthem will buy Cigna for $188 per share in cash and stock, with the deal carrying a $54.2 billion enterprise value. The combined company will serve about 53 million customers. Amazon.com—Amazon stunned investors by posting a