Why Is Everyone Talking About Amazon Stock?

Why Is Everyone Talking About Amazon Stock?

Amazon's (NASDAQ: AMZN) stock price slid nearly 8% on July 30 after the e-commerce and cloud giant posted its second-quarter numbers. Its revenue growth fell short of analysts' expectations, and it provided lower-than-expected revenue guidance for the third quarter. Amazon's decline weighed down other e-commerce and cloud stocks, since it's considered a bellwether of both markets.