Summary: 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 online https://www.ft.com/content/a2b05040-3164-46f3-8bd5-399e6214ea74 Apple: supercharged iPhone sales signpost $3tn valuation https://www.ft.com/content/eee8bca7-e7fb-4506-a0e2-579fa707de81 US embarks on first national child allowance experiment https://www.ft.com/content/cc2a0d8c-123e-4d36-b01a-55cd8a23a166 Regulators to examine crypto exchange Binance’s foray into equities https://www.ft.com/content/cfbd084f-a118-4090-8301-2e45eceac304 <br><hr><p style="color: grey;">See <a style="color: grey;" target="_blank" rel="noopener noreferrer" href="https://acast.com/privacy">acast.com/privacy</a> for privacy and opt-out information.</p>
