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Amazon exec Dave Limp to join Jeff Bezos' Blue Origin as CEO

Outgoing Amazon's devices and services chief Dave Limp is joining Jeff Bezos' aerospace company Blue Origin as CEO, replacing Bob Smith.Limp will join Blue Origin, starting December 4 as CEO and Smith will step aside on January 2 "to . ....

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Amazon Exec Dave Limp To Join Jeff Bezos' Blue Origin As CEO

Amazon Exec Dave Limp To Join Jeff Bezos' Blue Origin As CEO
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10 Things in Tech: Bezos' exit, Robinhood IPO, SpaceX glass dome

10 Things in Tech: Bezos' exit, Robinhood IPO, SpaceX glass dome
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Amazon stock climbs 2% after delivering a huge earnings beat with Q1 revenue up 44% to $108 billion

Amazon stock climbs 2% after delivering a huge earnings beat with Q1 revenue up 44% to $108 billion
snagarajan@businessinsider.com (Shalini Nagarajan)
Amazon shares rose slightly on Friday after smashing Q1 analyst estimates.
Quarterly profit tripled for the e-commerce retailer at a time when uncertainty was rampant.
It appears to be a question of when, and not if, it becomes a $2 trillion company, one analyst said.
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Quarterly revenue rose 44% to $108.52 billion, boosted by strong growth in e-commerce and AWS (Amazon Web Services) cloud-services.
Profits meanwhile tripled to $8.1 billion, far above the previous quarter s $2.5 billion. Amazon delivered remarkable results even compared to the lofty expectations analysts held for the stock, DailyFX strategist Peter Hanks said. ....

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