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![Amazon Stock Falls on Mixed Earnings Report and Weak Forecast](https://wallamag.com/upload/media/posts/2023-02/02/amazon-stock-falls-on-mixed-earnings-report-and-weak-forecast_1675378804-b.jpg)
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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