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1. The Proof Is in the Pudding
Amazon.com (AMZN Quote) is getting its just desserts.
Shares of the Seattle-based online commerce giant hit a three-year low Wednesday after second-quarter earnings plunged 58% from a year ago.
Big selloffs are nothing new for Amazon, which at the height of the Internet bubble once fetched a split-adjusted $113 a share. But the latest swoon shows Wall Street isn't buying CEO Jeff Bezos' growth strategy. ...
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