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Amazon first-quarter sales forecast misses estimates

Amazon.com Inc on Thursday forecast first-quarter sales below Wall Street estimates, as it faces new regulatory hurdles in India and a slowdown in e-commerce sales in Europe.The company forecast net sales of between $56 billion (£43 billion) and $60 billion for the first quarter, missing the analyst average estimate of $60.77 billion, according to IBES data from Refinitiv.Read More

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