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Amazon's Earnings Just Hit a Record. So Why Is the Stock Down 11% From Its Peak?
Source: fool.com
Company FundamentalsConsumer Demand & RetailTechnology & Innovation
Amazon’s cloud revenue growth is accelerating, while its cash burn is worsening. E-commerce revenue growth appeared weaker, but the article attributes that distortion to a shift in Prime Day’s schedule; it provides no figures or market reaction.
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