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Stock impact report

Can things go wrong at Amazon? [Seeking Alpha]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: Seeking Alpha
Consumer|TechCan things go wrong at Amazon?Apr. 26, 2020 6:39 AM ETAmazon.com, Inc. (AMZN)Yoel MinkoffAgainst a broad selloff that slammed the S&P 500, Amazon's (NASDAQ:jumped 30%"Given the expectations now embedded in Amazon’s share price, the key question is what can go wrong. The answer? Plenty,"writesWSJ"As CEO Jeff Bezos made clear in his annual letter to shareholders last week, even Amazon was caught flat-footed by the scale of the pandemic. This has forced the company to take measures to curtail demand for nonessential goods. Meanwhile, Amazon has had to scramble to hire at least 175,000 new workers for fulfillment and delivery. That rush will raise costs and likely hurt the operating profits Amazon’s investors have come to value.""Amazon's well-documented struggles to meet demand also have sent some business to competitors, many of whom have finally come up to speed with their own e-commerce offerings. Meanwhile, a huge and still-growing workforce of lower-wage retail and ful Show less Read more
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