How to Know If You Should Buy or Sell Amazon
After Amazon.com missed analysts’ quarterly profit forecasts Thursday, investors lopped as much as 10 percent off of its stock price, the most in a year. The company reported fourth-quarter net income that more than doubled to a record $482 million from a year earlier; revenue rose an astonishing 22 percent to $35.7 billion. Revenue in cloud services sales soared 69 percent to $2.4 billion.
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