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Amazon’s Prime Day Surprises Investors | Raleigh News
Prime Day ended without the retail slump investors feared—Bank of America says Amazon’s performance was surprisingly strong, driven by steady online demand for essentials, not big-ticket items. Despite softer average order values, the bank sees robust volume growth and even predicts Amazon will slightly beat North American retail expectations this quarter. Meanwhile, AWS’s recent 20% price hike on certain ML workloads adds a powerful cloud layer to Amazon’s resilience, reinforcing Bank of America’s bullish outlook. Listen in comfort:Get a discount on a Soli Pillow…
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