E-Commerce Demand Closed The Summer Strong. What It Means For Amazon Stock.
"For Amazon, (Wall) Street forecasts North America Retail growth of 10% year-over-year in Q3, slowing slightly from 11% in Q2," Post wrote. "However, quarter-to-date (Bank of America) card data suggests an acceleration over full quarter, so we think that Amazon U.S. retail is likely tracking above Street estimates." BREAKING: Core CPI Steady, Jobless Claims Highest Since Oct. 2021 E-commerce spending ticked up in August despite concerns about tariffs —Â offering a positive signal for Amazon (AMZN) stock, ac ...