Amazon.com shares moved lower ahead of the e-commerce giant’s quarterly results, set for release after the close.
Amazon will be the latest of the “Magnificent Seven”—the Big Tech firms that have driven much of the stock market’s upward progress in 2023—to report this week. Meta Platforms reported yesterday, while Microsoft and Alphabet turned in numbers Tuesday.
Here are Wall Street’s expectations for certain key numbers, according to FactSet:
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