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| + | <p>Amazon Inc. projected earnings for the current quarter that indicate stepped up spending on warehouses,<a href=" " target="_blank">cheap retro jordans< a>, movies and gadgets will continue this year at the expense of profits.< p> | ||
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| + | <p>“It means they’re going to spend a ton of money,” said Michael Pachter, an analyst at Wedbush Securities. “When you see revenue go up and earnings go down, it spooks people. It’s called negative leverage and the street hates it.”< p> | ||
| + | <p>The forecast suggests that Amazon Chief Executive Officer Jeff Bezos will continue expanding a delivery infrastructure designed to get products to customers quickly, produce more video content that encourages people to join and renew Amazon Prime memberships, build gadgets like the voice-activated Echo personal assistant and push further internationally into markets including India.< p> | ||
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