Despite cloud boom, Amazon’s stock falls on disappointing earnings and revenue miss
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Summary
Shares of Amazon.com Inc. fell more than 7% in late trading today after the company missed expectations on earnings and revenue and reported rising negative free cash flow as it continues to throw billions of dollars at its cloud infrastructure build out. The company reported third-quarter earnings before certain costs such as stock compensation of […] The post Despite cloud boom, Amazon's stock falls on disappointing earnings and revenue miss appeared first on SiliconANGLE .
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