Amazon joins the trillion-dollar club again after a knockout Q4 earnings report.
Amazon's fourth-quarter results proved its investments in one-day shipping are paying off, as it pushed consumers to purchase more products during the holiday shopping season. The company posted fourth-quarter earnings of $6.47 per share, which crushed estimates of $4.03 per share.
Amazon also gave upbeat guidance for the first quarter and provided updates figures on Prime subscribers, saying it now counts more than 150 million paying members in the program.
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