Amazon Stock Drops After Q2 Revenue Misses Estimates, Q3 Guidance Underwhelms Street

Amazon narrowly missed Wall Street estimates for total revenue in the second quarter, with that top-line softness combining with weak third-quarter guidance to send shares lower in after-hours trading. The company’s stock joined a broader retreat by large-cap tech shares, falling almost 7% to around $172. The Prime Video parent said revenue went up 10% […]