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fromBusiness Insider
2 weeks ago

MacKenzie Scott trimmed her Amazon stake by almost $13 billion, one of the biggest drops since her 2019 split from Jeff Bezos

MacKenzie Scott reduced her Amazon stake by about 42%, decreasing holdings by roughly $12.6 billion while continuing large-scale unrestricted philanthropy.
from24/7 Wall St.
2 months ago

Amazon Stock (NASDAQ: AMZN) Price Prediction and Forecast 2025-2030 for August 27

When the company reported Q2 earnings on July 31, its financial performance was overshadowed by a bleak outlook, with guidance weaker than Wall Street's forecast. Amazon beat on earnings and revenue, with EPS coming in at $1.68 versus expectations of $1.33 and revenue of $167.7 billion versus expectations of $162.09 billion. Revenue from AWS was $30.87 billion versus expectations of $30.8 billion, while advertising revenue registered $15.7 billion versus expectations of $14.9 billion.
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