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Amazon’s stock is back on the climb after the company posted?a surprise profit for the second quarter in a row.

Amazon’s net sales rose 26% to .5 billion during the quarter, exceeding Wall Street’s expectations. But profits fell more than 30%, as the costs of scaling up for the pandemic weighed on the Seattle tech giant’s bottom line.

Amazon’s lobbying budget has also reached new heights; the company spent more than million to influence the federal government last year, more than double what it spent in 2014.

Amazon’s cross-town rival Microsoft has made some major sustainability commitments recently. In late 2017, it pledged million over five years for an initiative to use artificial intelligence to tackle the world’s most pressing environmental issues.

Among other changes, he said that today's China is more than just a world factory, it is increasingly becoming a center of technological innovation with remarkable advantages in industrial designs, technologies and engineering.