Amazon Cut as Wells Fargo Warns Cloud Strength ‘Not Enough’

Amazon Cut as Wells Fargo Warns Cloud Strength ‘Not Enough’

(Bloomberg) — Amazon.com Inc. shares fell on Monday, following a rare analyst downgrade that cited concerns over margin trends into next year, which growth in the cloud computing business is unlikely to compensate for.

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https://finance.yahoo.com/news/amazon-cut-wells-fargo-warns-131217884.html