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  • Amazon shares drop as cloud growth, sales forecast lag

Amazon shares drop as cloud growth, sales forecast lag

vm_adminFebruary 7, 2025
Amazon shares drop as cloud growth, sales forecast lag

By Greg Bensinger, Deborah Mary Sophia

(Reuters) -Amazon.com investors drove shares down sharply on Thursday due to weakness in the retailer’s cloud computing unit and lower-than-expected forecasts for first-quarter revenue and profit.

Amazon Web Services
Tagged Amazon, cloud, Drop, Forecast, Growth, lag, Sales, Shares

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