BBCNEWS World Business Report June 4, 2024 04:38:00
Nearly 2% immediately after it published its third quarter results. the tech giant warning that cells would be lower than expected in the coming months, which include the crucial holiday season. its e—commerce business had already been struggling, partly because consumers are stuck at home during the pandemic had gone back to shopping in physical stores. since taking overfrom jeff bezos, the ceo has been laser focused on cutting costs but it is not paying off yet. then there is amazon's cloud business which generates most of the company's profits, it grew but at a slower rate, with customers...