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Amazon Beats on Earnings, Misses on Forecast

June 9, 2023
in AI & Technology
Reading Time: 1 min read
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Jul.29 — Amazon.com Inc.’s second-quarter sales and forecast for the current period fell short of analysts’ expectations, suggesting the biggest online retailer’s rapid growth through the pandemic is waning as people revert to old shopping habits. Shares fell more than 6% in extended trading. Bloomberg’s Kriti Gupta reports on “What’d You Miss?”

source

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