Apple, Amazon Results Leave Macro Questions Unanswered

Amazon delivered disappointing revenue guidance after the bell Thursday, underscoring the notion that even the mightiest American corporates may struggle to meet lofty expectations in an exceptionally challenging operating environment. Andy Jassy cited the pandemic and the war in Ukraine while describing "unusual" headwinds to growth. The company sees net sales of between $116 billion and $121 billion in Q2, suggesting the top line will be short of consensus even in a best case scenario. Headed

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