Amazon shares fall 4% after cloud unit reports weaker-than-expected growth

FILE PHOTO: An Amazon delivery worker pulls a delivery cart full of packages during its annual Prime Day promotion in New York · Reuters

LONDON (Reuters) – Amazon shares fell 4% in Frankfurt on Friday a day after the retailer’s results showed weakness in its cloud computing unit and it forecast and lower-than-expected first-quarter revenue and profit.

Its shares fall as much as 5% in after-market trading on Thursday.

(Reporting by Alun John; Editing by Amanda Cooper)

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