Amazon reported its second straight quarter of $100bn-plus sales on Thursday
Amazon reported its second straight quarter of $100bn-plus sales, comfortably beating Wall Street’s targets, and the FT’s Elaine Moore looks at Apple’s results, which were boosted by iPhone sales. Also, the US government this summer will start sending monthly child allowances in an experimental effort to reduce child poverty. Plus, the FT’s markets editor explains how the big cryptocurrency exchange, Binance, landed itself in trouble with German regulators.
Amazon reaps rewards of pandemic shift online
Apple: supercharged iPhone sales signpost $3tn valuation
US embarks on first national child allowance experiment
Regulators to examine crypto exchange Binance’s foray into equities
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