Amazon Stock Falls on Mixed Earnings Report and Weak Forecast
Amazon Stock Falls on Mixed Earnings Report and Weak Forecast
Revenue at the company’s closely watched Amazon Web Services unit were a little shy of expectations.




Shares of Amazon com fell in overdue buying and promoting Thursday after the employer published mixed outcomes for the fourth quarter.

The business enterprise advised higher-than-expected earnings increase, but weaker-than-anticipated income, due in large element to a loss on the corporation’s stake in electric powered powered-truck maker Rivian Automotive (ticker: RIVN)

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