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Amazon Projects Fourth-Quarter Sales Below Estimates

Amazon projected fourth-quarter revenue of $240.0 billion, largely below Wall Street estimates.

AMZN
SquawkNews Desk

Amazon.com NASDAQ:AMZN projected fourth-quarter revenue largely below Wall Street estimates on Thursday, raising concerns over muted retail demand over the crucial holiday season as higher household costs amid rising inflation pressure consumer spending.The company expects revenue of $240.0 billion…

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