Business

Amazon stock falls 6% as pandemic sales boom appears to stall

MARKETWATCH FRONT PAGE

Amazon.com Inc. gross sales development slowed down within the second quarter of the 12 months as bricks-and-mortar shops reopened throughout the U.S., sending shares south in after-hours buying and selling Thursday. See full story.

Pfizer says immunity drops to 83% inside 4 months in individuals who bought its COVID-19 shot, additional bolstering the corporate case for a booster

The effectiveness of Pfizer’s COVID-19 shot can drop to 83.7% inside 4 to 6 months after getting the second dose of its vaccine. That is the most recent indication that vaccine-induced immunity to the virus can wane and a few form of increase could also be obligatory sooner or later. See full story.

U.S. economic system tops pre-COVID degree with GDP surging at 6.5% tempo within the spring

The U.S. economic system grew at a blistering tempo within the spring and repaired many of the injury attributable to the pandemic due to widespread coronavirus vaccinations and an almost full reopening of the economic system. See full story.

Robinhood inventory jeered in its public debut

Robinhood Markets Inc., which has disrupted Wall Avenue with its no-fee buying and selling app, was jeered in its public debut on Thursday, because the inventory stumbled under its reference worth minutes after the open, and stayed there. See full story.

U.S.shares finish larger as traders shake off GDP knowledge, Robinhood makes buying and selling debut

U.S. shares shrug off a weaker-than-expected studying on second-quarter gross home product and different financial knowledge, whereas Robinhood Markets makes its buying and selling debut. See full story.

MARKETWATCH PERSONAL FINANCE

Thursday’s prime private finance tales See full story.

https://www.marketwatch.com/story/amazon-stock-falls-6-as-pandemic-sales-boom-appears-to-stall-2021-07-29?rss=1&siteid=rss | Amazon inventory falls 6% as pandemic gross sales growth seems to stall

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