Amazon caps big week of tech earnings, Bafin’s Binance probe

Amazon reported its second straight quarter of $100bn-plus sales, comfortably beating Wall Street’s targets, and the FT’s Elaine Moore looks at Apple’s results, which were boosted by iPhone sales. Also, the US government this summer will start sending monthly child allowances in an experimental effort to reduce child poverty. Plus, the FT’s markets editor explains how the big cryptocurrency exchange, Binance, landed itself in trouble with German regulators. Amazon reaps rewards of pandemic shift onlinehttps://www.ft.com/content/a2b05040-3164-46f3-8bd5-399e6214ea74Apple: supercharged iPhone sales signpost $3tn valuationhttps://www.ft.com/content/eee8bca7-e7fb-4506-a0e2-579fa707de81US embarks on first national child allowance experimenthttps://www.ft.com/content/cc2a0d8c-123e-4d36-b01a-55cd8a23a166Regulators to examine crypto exchange Binance’s foray into equitieshttps://www.ft.com/content/cfbd084f-a118-4090-8301-2e45eceac304 Hosted on Acast. See acast.com/privacy for more information.