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Amazon shares dipped 1.8% on Prime Day's kickoff amid weak early sales data. Momentum Commerce reported a 14% drop in first four-hour sales versus 2024, while Adobe projected strong $23.8 billion in online sales for US retailers. Despite mixed forecasts, retail sentiment on Stocktwits turned bullish. Some traders remain skeptical, calling this year's event underwhelming.
short by / 02:29 pm on 09 Jul
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