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Amazon shares fall despite strong quarterly results

The Motley Fool +1 · ·by G4L

INTC Intel Corp
$59.37 +5.49%
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  1. 1Amazon's cloud business continues to accelerate.
  2. 2Amazon's AWS growth rate recorded 39%.
  3. 3Amazon, Intel, and Reddit shares were sold following earnings announcements.

So what's the key point?

Amazon's cloud business grew as fast as 39%. However, Amazon shares were sold after the earnings announcement.

Source The Motley Fool +1 · View original ↗

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