Amazon stock sinks 10% after Q1 earnings as costs rise amid inflation, supply chain pressure (Taylor Soper/GeekWire)

Taylor Soper / GeekWire
Amazon stock sinks 10% after Q1 earnings as costs rise amid inflation, supply chain pressure – Amazon shares were down more than 10% in after-hours trading Thursday after the Seattle tech giant revealed its first quarter earnings report and provided a lower-than-anticipated sales forecast for the second quarter as the company deals with rising costs and inflation. Revenue for the first quarter came in at $116.4 …

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