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Despite Amazon’s lack of market share, Tom White, a senior analyst with D.A. Davidson, was still surprised that the company pulled out of the meal delivery fight, especially in light of its big investment just a month earlier in U.K.-based delivery company Deliveroo.

Despite a general improvement, He warned of rising financing costs for the sector. In June, financial expenses rose 9.7 percent year on year, up 4.6 percentage points from May.

Democrats seeking the party's nomination to challenge Trump will vie for Iowa's 41 pledged delegates to the Democratic National Convention, which will be held on July 13-16 in Milwaukee, Wisconsin.

Despite his positive test, Stitt didn't think it necessary to reinstate lockdown measures, saying that "going back and bunkering in place doesn't remove" the virus.

Despite the company’s tradition of razor-thin profit margins, investors seem to have faith in Jeff Bezos’ long-term vision — or at least in Amazon’s ability to capitalize on this year’s holiday shopping season.