Dan Schwartzman

The e-commerce giant reported 2,025 sales of $717 billion, while Walmart reported sales of $713.2 billion.

Amazon's growth rests largely on the importance of its cloud computing business, Amazon Web Services, which contributed to its revenue dominance.

Amazon's revenue has increased at almost 10 times the pace of Walmart's, fueled by a shift in consumer spending from stores to websites, as well as the cloud computing business.

And a thriller, the U.S.

women's Olympic hockey team knocking off Canada 2-1 in overtime to win gold as Megan Keller scores at the .407 mark of OT.

The U.S.

had tied the game at one with just over two minutes to go in the third period on a Hillary Knight goal.

The gold is the third for the U.S.

in women's Olympic hockey.

Norway, though, continuously the overall medal count at the Milan-Cortina Olympics with 34, while also leading with 16 golds.

That's news when you want it with Bloomberg News Now.

I'm Dan Schwartzman, and this is Bloomberg.

News when you want it with Bloomberg News Now.

I'm Dan Schwartzman.

The U.S.

is deploying a massive force in the Middle East to put pressure on Iran with two aircraft carriers, including the world's largest, the Gerald R. Ford, hundreds of fighter jets and refueling tankers, giving President Trump the option for a major attack against the Islamic Republic.

Trump says Iran cannot be allowed to go nuclear.

Meanwhile, oil is jumping on reports that the U.S.

may be edging closer to war with Iran than many Americans might think.

Bloomberg News senior editor Eric Wiener says threats against Iran creates uncertainty in the oil market.