World Coronavirus Dispatch: Pandemic-driven changes a boon for Amazon

Moderna expects to make 3 billion doses by 2022, AstraZeneca struggles with data needed for vaccine's approval in US, and other pandemic-related news across the globe

Amazon continued to benefit from the pandemic-driven changes like mass online shifting as it's earnings beat the estimates of Wall Street by some distance. The company reported a second straight quarter of $100 billion-plus revenue in the first three months of the year, that is a 44 per cent rise from the year-ago period. Almost half Amazon’s operating income — $4.2 billion — came from its cloud division, Aamazon Web Services, whose business customers have been forced to invest as a result of the shift to homeworking. The net income more than tripled to $8.1 billion. Read