Amazon soars; Korea summit; Oil earnings – CNNMoney

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1. Amazon on fire: Shares in Amazon jumped more than 7% in extended trading after its earnings report wowed investors.

Amazon (AMZN) made $1.6 billion in profit during the first three months of 2018, more than double the same period a year earlier. The gains came even as it invests in costly fulfillment centers and original video programming.