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Amazon stock rallies after blowout quarter

Andy Jassy, chief executive officer of Amazon.Com Inc., during the GeekWire Summit in Seattle, Washington, U.S., on Tuesday, Oct. 5, 2021.

David Ryder | Bloomberg | Getty Images

Amazon shares rallied 8% on Friday, a day after the company reported blowout second-quarter earnings and issued upbeat guidance.

The e-retailer easily beat on the top line, reporting earnings of 65 cents per share versus a Refinitiv consensus estimate of 35 cents a…

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