Earnings Report Shock: Amazon’s Stock Plunges as AWS Growth Slows

Amazon investors had a rough day as the company’s latest earnings report failed to impress Wall Street. Shares of Amazon plunged on Thursday, as investors took the stock down after the cloud computing unit performed worse than expected along with the first-quarter revenues and profits turned out to be quite a bit lower than perceived. […]

The post Earnings Report Shock: Amazon’s Stock Plunges as AWS Growth Slows first appeared on TECHi and is written by Fatimah Misbah Hussain.