Amazon's cloud sales growth slows for first time in years

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Amazon's cloud sales growth slows for first time in years

Push for one-day delivery dents profits.

Amazon.com Inc on Thursday reported its first profit miss in two years and said income would slump in the current quarter, as the online retailer ramps up spending on one-day delivery to spark sales growth. The company also said its investment in faster shipping was starting to pay off, with ...

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