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Why Is Everyone Talking About Amazon Stock?

·5 min read
Why Is Everyone Talking About Amazon Stock?
In this article:
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Amazon's (NASDAQ: AMZN) stock price slid nearly 8% on July 30 after the e-commerce and cloud giant posted its second-quarter numbers. Its revenue growth fell short of analysts' expectations, and it provided lower-than-expected revenue guidance for the third quarter. Amazon's decline weighed down other e-commerce and cloud stocks, since it's considered a bellwether of both markets.