Latest dispatches from Amazon worry the market

Lower-than expected profit hits shares

30th October, 2016
Latest dispatches from Amazon worry the market

Amazon’s shares took a tumble last week when it reported a lower-than-expected profit for the third quarter.

“I think the big concern here is Amazon moving into another big, deep investment cycle.”

Neil Doshi, an analyst at Mizuho Securities, speaking to the New York Times

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