Earnings Report: Stocks Edge Higher on Friday After Amazon Shares Surge, Samsung Posts a Record $5.2 billion Quarterly Profit

Earnings Report: Stocks Edge Higher on Friday After Amazon Shares Surge, Samsung Posts a Record $5.2 billion Quarterly Profit

Stocks edged higher on Friday, again driven by strong corporate earnings that partially offset a weaker-than-expected reading on economic growth, extending three days of gains. Amazon's first-quarter earnings surprise sent shares of the No. 1 e-retailer soaring, triggering a big rise in Nasdaq futures and the overall stock market.


User: IBTimes

Views: 18

Uploaded: 2012-04-27

Duration: 01:53

Your Page Title