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Stock of the day
Amazon (AMZN)
Yesterday's decrease in oil prices helped stocks to rally right before the markets closed and for some companies, the party continued after the bell. In fact, even if oil prices were on the rise, that wouldn't have stopped Amazon.com from rallying by as much as 8% in after-hours trading. The underlying question then: what fueled the hike in Amazon's share price? Read more

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On This Date
July 24, 2000:

AT&T Wireless announces its plan to acquire a wireless communications business unit from SBC Communications for $530 million.
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