Amazon shares tumble as it warns golden-quarter profit could be wiped out

Amazon Christmas parcel

Amazon has warned that its profits could be all but wiped out during the crucial golden quarter in a bleak prediction that stunned Wall Street. 

The etail titan’s boss Andy Jassy cautioned that there was ā€œa lot happening in the macro-economic environmentā€ that could hammer its top and bottom lines during the holiday season. 

 

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