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US stocks retreat as Amazon stokes big-tech concern Amazon dropped 7.6 per cent, its biggest – The Australian Financial Review
Amazon dropped 7.6 per cent, its biggest decline since May 2020, dragging the S&P 500 down. Iron ore plunges 7.4pc. Bitcoin hovers…
So far, the second-quarter earnings season has been stronger than expected. About three-fifths of S&P 500 companies have reported, and more than 80 per cent have exceeded both sales and profit estimates, according to data compiled by Bloomberg.
With stocks…
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