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Amazon reported its Q3 financials on Thursday, missing analysts' expectations by nearly $1 billion.

Amazon's Prime Day 2021 sales event has been announced and is just around the corner. Consumers can look forward to saving billions during the two-day event.

What you need to know Amazon has decided to pause its Prime Day event in India and Canada due to COVID-19, In other countries, however, the event will continue as planned. Last year, Amazon had to delay Prime Day in the U.S. until mid-October due to the pandemic. Amazon is delaying its annual Prime Day event in India and Canada over concerns about rising COVID-19 cases in the two countries (via CNBC). While the company hasn't announced new dates for Prime Day in India and Canada yet, the two-day event will likely be held a few months later than previously planned.

What you need to know Amazon's Q1 2021 financial earnings have been released, showing a 44% increase in sales. The company expects the momentum to continue into Q2 as a result of increased online shopping. Prime Day has been moved to later this quarter, which is expected to bolster the company's Q2 earnings. Amazon has just announced its Q1 2021 financial earnings, reporting a substantial gain in earnings. That includes a 44% year-over-year increase in sales, which helped Amazon accrue more than $108 billion in revenue. The growth is undoubtedly a result of the ongoing COVID-19 pandemic, whic...