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Amazon stock is selling off after reporting its first earnings results without Jeff Bezos as CEO. Here's two key support levels to watch.
'At some point in the next 5,000 years, rates will rise, but there is no fear on Wall Street that this happens anytime soon,' BofA says.
The move comes as the SEC works on guidelines for disclosing to investors the risk of regulatory crackdowns by China, Reuters says.
Many Wall Street analysts lowered their price targets and forecasts for Amazon Friday after it missed revenue estimates and offered weak guidance.
Stock fall Friday amid concerns about the spread of the COVID-19 Delta variant and Amazon's disappointing quarter.
TheStreet's Jim Cramer takes a look at Amazon's latest earnings and gives investors tips on the importance of analysts' price targets.
Pinterest lost U.S. users on its image-sharing website in the second quarter as more consumers headed outside to shop, share and entertain in the wake of pandemic restrictions.
Stocks moving in premarket trading Friday include Amazon, Robinhood, Chevron, Caterpillar and Procter & Gamble.