LIVE: Amazon reports earnings
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Amazon CEO Jeff Bezos
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Wall Street expects Amazon to report:
- Revenue: $42.194 billion, up 29% year-over-year.
- EPS (adjusted): $1.75 per share
Amazon's stock is down roughly 6% since July, when it missed Wall Street's Q2 expectations. The e-commerce giant is ramping up investments in warehouses, content for its Prime Video streaming service, and investments in international markets and in groceries, following its $13.7 billion acquisition of Whole Foods earlier this year.
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We'll have all the details of Amazon's results as soon as they cross the wire, so hit refresh or click this link for the latest.
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