The post Amazon Stock Drops After Earnings: Can AMZN Recover From the Latest Sell-Off? appeared first on Coinpedia Fintech News
Amazon’s latest earnings report delivered strong growth in its cloud business but failed to ease Wall Street’s concerns about the cost of its AI expansion. Amazon stock price fell after the company reported third-quarter revenue and earnings below analyst expectations, alongside a weaker-than-expected holiday-quarter sales outlook. AWS revenue growth accelerated to its fastest pace in …