Amazon shares fall as record profits are offset by conservative holiday forecasts

Amazon is still raking in the cash, but its slower than expected customer growth in its web services offerings and a weaker than expected sales outlook for the holiday season shook investor confidence and caused the stock to slide around 5 percent in after-hours trading. Profits for the company continued to soar, reaching $2.9 billion, […] https://ift.tt/2CFz1Vn Jonathan Shieber October 25, 2018 at 06:01PM