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Business

Amazon first-quarter sales beats estimates

Amazon.com Inc on Thursday topped first-quarter sales estimates as the world's biggest online retailer benefited from soaring demand for its cloud and advertising businesses and a surge in online shopping.

Business Video

T-Mobile beats phone subscriber estimates

T-Mobile US Inc on Thursday beat Wall Street's first-quarter estimates for net new phone subscribers who pay a monthly bill, aided by its competitively-priced wireless plans aimed at fending off its bigger rivals.

S&P 500 dips slightly as industrials weigh

The S&P 500 ended Thursday's session slightly lower as a dive in industrials stocks and concerns about slowing global growth overshadowed gains in Facebook Inc and Microsoft Corp.

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