"Amazon's Earnings Awaited: Stock Performance and Analyst Predictions"

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Source: CNBC
"Amazon's Earnings Awaited: Stock Performance and Analyst Predictions"
Photo: CNBC
TL;DR Summary

Amazon's stock fell 3.5% on the week ahead of its upcoming earnings report, causing the Nasdaq Composite to drop over 3%. JPMorgan rates Amazon as its "top internet pick" and remains bullish on the e-commerce giant. Investors and analysts are closely watching Amazon's earnings results, which will be released next Thursday.

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