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Amazon Tumbles On Soft AWS Revenue, Disappointing Profit Forecast
Amazon Tumbles On Soft AWS Revenue, Disappointing Profit Forecast Ahead of Amazon's earnings, and following two blowout results from the first two giga-cap companies MSFT and META, UBS said that the "fast money seems to be short Amazon into the quarter on AWS and North America sales growth, with no upward revisions on the print." Meanwhile, the longer duration money "continues to like the story around AWS reacceleration, potential EBIT upside to Street, compelling valuation and pote
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