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While cloud rivals are gaining ground, AWS remains far in front with 31 percent of the fast-expanding market, versus 18 percent for Microsoft Corp (MSFT.O) and 8 percent for Google in the second quarter, research firm Canalys said Thursday. Amazon shares, up 55 percent this year versus 6 percent for the S&P 500 .SPX as of Thursday's close, trade at a premium, too. The stock's price-to-earnings ratio is more than 10 times that of Microsoft. Cloud and ad sales, along with a July event that Amazon created to drum up revenue during the summer shopping lulls, are helping the company overcome high costs in the third quarter.

During the satin black dark knight cufflinks event, called Prime Day, Amazon sold more than 100 million products and signed up more people to its Prime loyalty club than on any other previous day in its history, Prime members spend above average on Amazon, The company said it now expects third-quarter sales of between $54 billion and $57.5 billion, up from $43.7 billion a year earlier, Hiking the annual U.S, price of Prime 20 percent in the second quarter appeared to have few negative consequences: Amazon said subscription revenue increased 57 percent to $3.4 billion..

NEW YORK (Reuters) - Starbucks Corp (SBUX.O) forecast slower growth for the current fiscal year on Thursday as boutique coffee chains and fast-food retailers won business in the United States and other established markets and the bloom came off once-booming China. Wall Street had been braced for a disappointing quarter from the ubiquitous coffee brand, and its shares were relatively unchanged in after-market trading. Seattle-based Starbucks last month warned of lower quarterly sales growth and announced plans to close about 150 U.S. cafes in the next fiscal year, triple the typical number of closures, as it seeks to enter under-served markets in the U.S. South and Midwest.

But investors saw bright spots in the results, as Starbucks, the world’s biggest coffee retailer, reported revenue rose to a record high in its fiscal third quarter, The company also pledged a $10 billion increase in its share buyback and dividend commitment, to $25 billion through fiscal year 2020, Starbucks said its same-store sales rose just 1 percent globally and in its U.S, cafes in its third quarter ended July 1, Same-store sales in China slipped 2 percent satin black dark knight cufflinks amid fierce competition and stricter regulations on delivery services..

“While acknowledging a disappointing Q3, I want to be clear that we have 100 percent confidence in our growth strategy and the sustainability of the leadership position we have built in the market,” Chief Executive Officer Kevin Johnson said in the company’s quarterly earnings call. Starbucks blamed a combination of cannibalization of its own stores and hiccups in its China delivery program for much of the slowdown in the country. In the year-ago quarter, Starbucks’ same-store sales grew by 5 percent in the United States and Americas and 4 percent globally. The sales dip in China is an even steeper departure from the 7 percent growth rate reported in last year’s quarter.

Revenue rose to $6.3 billion from $5.7 billion in the year prior, Starbucks’ closely monitored digital membership program grew 14 percent year-over-year to 15.1 million active users, Starbucks’ shares are down 10.4 percent year to date, The company said it now expects full-year same-store sales growth to be “just below” its 3 percent to 5 percent targeted range, and sees fourth-quarter growth at the lower end of its 3 percent to 5 percent satin black dark knight cufflinks range, Starbucks’ report comes exactly one month after Howard Schultz, the brand’s elder statesman and former chief executive, stepped down as executive chairman, in a move that stoked investor concerns on how the company would evolve after nearly four decades of Schultz’s near-constant presence..

(Reuters) - Electronic Arts Inc forecast tepid second-quarter revenue growth on Thursday, overshadowing quarterly results that topped analysts’ estimates and sending its shares down 7 percent in extended trading. The company said it expected adjusted revenue of $1.16 billion for the current quarter, down slightly from a year earlier, when sales were driven by “Battlefield 1”. The timing of the recognition of bookings in Asia as well as foreign exchange weighed on the company’s forecast, EA added.

Analysts on average had expected revenue of $1.23 billion, according to Thomson Reuters I/B/E/S, “Expectations may have been higher for second-quarter guidance and the Street may have expected an increase in annual guidance but we understand EA is conservative early in the year,” Consumer Edge Research analyst Raymond Stochel said, The rise in popularity of games satin black dark knight cufflinks from the “battle royale” genre such as “Fortnite” is posing challenges to established game publishers, including EA, and rivals Activision Blizzard Inc and Take Two Interactive Software Inc..

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