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Amazon's 2Q25 beat estimates, up 13% to $167.7 billion. Online store and third-party services grew 11% each and memberships, ...
Amazon is seeing its lead shrink in the lucrative cloud computing industry, where smaller rivals are growing faster.
Amazon shares closed 8.3% lower, logging their largest daily decline since April 3, and settled at $214.75, erasing gains over the past five weeks. Amazon stock led a sell-off in tech giants on Friday ...