Published by way of
Reuters

By Caroline Valetkevitch NEW YORK (Reuters) – U.S. shares fell on Friday and registered losses for the week as Amazon.com stocks dropped after the corporate forecast decrease gross sales expansion, however the S&P 500 nonetheless notched a 6th directly month of positive aspects. Amazon.com Inc stocks sank 7.6% – their largest day by day proportion drop since May 2020 – after the corporate reported past due on Thursday income for the second one quarter that was once shy of analysts’ reasonable estimate and stated gross sales expansion would ease in the following couple of quarters as shoppers ventured extra out of doors the house. Shares of different web and tech giants that…

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