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Amazon Hit by Tech Stock Rout

August 19, 2023
in AI & Technology
Reading Time: 1 min read
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Oct.30 — Fears of a prolonged market downturn, slowing international sales, stepped-up competition in the U.S. and flat-out confusion about how Amazon.com Inc. makes money are all reasons behind the company’s dizzying 25 percent drop in value from its September high. Bloomberg’s Sarah Ponczek reports on “Bloomberg Technology.”

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