AMZN stock is correcting this morning after posting a mixed set of earnings for the fiscal second quarter.
Misses Profit EstimatesOver the past two decades, Amazon (NASDAQ:AMZN) has created a new industry altogether and grown at a breakneck pace to become one of the world’s most valuable companies. Over the past couple of years, the e-commerce giant has been on a different trajectory altogether.
However, in its latest quarterly results, the company failed to meet analysts’ profit expectations for the first time in two years, and it goes without saying, certain questions are ...
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