Amazon Forecasts Sales That May Beat Estimates on Prime Day

  • Cloud-computing unit revenue gains 58 percent in quarter
  • Packing, shipping costs rise 35 percent on faster delivery

Amazon Sees a Profit for Fifth Straight Quarter

Amazon.com Inc. projected revenue for the third quarter that may beat analysts’ estimates, boosted by record sales of Fire TV sticks and Echo devices on Prime Day and a strong start to its expansion in India.

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