Shares of Amazon (NASDAQ:AMZN) were coming back down to earth last month as the high-valued growth stock succumbed to pressure from the broader market sell-off. According to data from S&P Global Market Intelligence, the stock coughed up 11%, though that was only slightly worse than the 9.5% drop in the Nasdaq. There was no single piece of news driving Amazon shares lower. Rather, the stock seemed to fall on the...
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Amazon.com, Inc. (Nasdaq: AMZN) expectations are high ahead of the company’s second-quarter earnings report expected out June 26. Analysts are expecting a strong quarter from Amazon and see plenty more long-term upside for the stock. Wall Street analysts are expecting Amazon to report second-quarter earnings per share of $2.50. Analysts are also expecting $53.38 billion in revenue, up 40.6 percent from a year ago. While those targets may seem...
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U.S. President Donald Trump accused Amazon.com Inc on Thursday of not paying enough tax, taking advantage of the U.S. postal system and putting small retailers out of business, but he offered no evidence to back up his criticisms and did not suggest any actions he would take. Trump has attacked Amazon and its Chief Executive Jeff Bezos several times, and his latest comment came a...
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