Amazon Surpasses Walmart in Revenues for First Time

By Andrew Moran Amazon crushed Wall Street expectations in the last quarter, surpassing Walmart in revenues for the first time. Investors, however, were disappointed by the earnings report’s lackluster forward guidance. The online retail king reported revenues of $187.8 billion, slightly higher than the consensus forecast of $187.3 billion. Earnings also exceeded expectations, reaching $1.86 […]