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US Retail Sales Record Their Steepest Decline in a Year

Retail sales declined sharply in July, marking their largest monthly decline in more than one year. Data shows sales dropped by 0.6%, a drop that was last recorded in May of last year. The decline has been linked to the after-effects of massive spending during the World Cup, the end of spending linked to tax … Continue reading “US Retail Sales Record Their Steepest Decline in a Year”

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TrillionDollarBreaks – Amazon.com Inc. (NASDAQ: AMZN) Joins Exclusive $3 Trillion Market Cap Club

Amazon.com (NASDAQ: AMZN) surpassed a $3 trillion market capitalization, becoming just the fifth publicly traded company to reach the milestone, according to a Channelchek report. The achievement follows a sharp rally that accelerated after Amazon’s second-quarter earnings report, with investors responding favorably to strong growth at Amazon Web Services (“AWS”) and the company’s expanding artificial intelligence investments. Shares climbed more than 15% … Continue reading “TrillionDollarBreaks – Amazon.com Inc. (NASDAQ: AMZN) Joins Exclusive $3 Trillion Market Cap Club”

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