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Why did Amazon's strong earnings fail to lift its stock


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Amazon reported strong earnings, but its stock did not increase as expected. Analysts noted that the company's growth in revenue did not meet market expectations. Concerns arose regarding rising costs and potential impact on future profitability. Supply chain challenges and labor expenses contributed to the financial outlook. Additionally, competition in the e-commerce space intensified. Investors reacted cautiously, prioritizing long-term performance over short-term gains.

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Web3 Wavefronts - Digestible News on Crypto, DeFi and AIBy theWeb3.news