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Amazon

World news about “Amazon” published by euronews.

25/07 14:10 CET

Amazon’s losses push shares lower, new smartphone gets ‘mehh’ reaction

Amazon’s losses push shares lower, new smartphone gets ‘mehh’ reaction

Amazon.com shares fell further following a much larger-than-expected quarterly loss due to major investment in new businesses, including digital content and consumer electronics. Revenue jumped 23 percent in the quarter but it posted a net loss of $126 million (94 million…


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