A new Wall Street research note shows Amazon's e-commerce sales are holding up.
A new Wall Street research note shows Amazon' s e-commerce sales are holding up, even as many other retailers are struggling. We are particularly encouraged by this analysis, because investors out there may end-up wrongly interpreting FedEx 's terrible guidance and economic outlook as a warning about Amazon's business. By all accounts, that couldn't be further from the case. But nevertheless, shares of Club holding Amazon fell nearly 3% in Friday's down market.
Amazon signage is displayed outside of an Amazon.com Inc. delivery hub in the late evening of Amazon Prime Day, July 12, 2022 in Culver City, California.
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