Amazon Second Quarter Results and Market Reaction
- Stock Decline:
- Shares of Amazon $AMZN fell 6% after reporting disappointing second-quarter earnings that missed expectations by $0.58 billion.
- Amazon Web Services (AWS):
- AWS slightly beat expectations with revenue of $26.3 billion.
- Advertising Revenue:
- Advertising revenue fell short of expectations, contributing to...
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The reaction was probably proportional to what the results were, but today the negative reaction is doubling :) It's not an open market yet, but still.