Amazon’s costly space race is grounding profit margin hopes ...Middle East

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Amazon’s costly space race is grounding profit margin hopes
Amazon.com’s earnings machine might be taking a breather. For how long is the $2 trillion question. The e-commerce giant’s market cap has stayed mostly below that level since its last earnings report two months ago. That report contained a disappointing operating income forecast for the just-ended quarter. That itself isn’t unusual; Amazon is typically conservative […] The post Amazon’s costly space race is grounding profit margin hopes appeared first on NY Times News Today.

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