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4/30, 4:30 PM (Source: TeleTrader)
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Amazon shares hit all-time high on upbeat earnings

Shares of Amazon.com Inc. soared more than 2% on Friday to reach a record high after the company recorded a 44% surge in revenue in the year's first quarter.

The retail giant's net income more than tripled on an annual basis, while its diluted earnings per share amounted to $15.79.

Amazon's shares rose 2.01%, selling for $3,541.63 at 10:34 am ET.

Breaking the News / BU