Amazon Inc.’s legendary e-commerce machine, which has grown at breakneck speed for more than two decades, is showing signs of stalling.

The tech giant on Thursday reported its slowest sales growth in roughly two decades. Product sales have flatlined, and revenue at its main online-shopping business segment has stagnated for six months, one of the worst periods of anemic growth in Amazon’s history. And company executives said overall sales might slow down even more.

To Read the Full Story

This post first appeared on wsj.com

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Fed’s Powell to Take Questions on Job Market, Interest Rates, Bond Yields

WASHINGTON—Federal Reserve Chairman Jerome Powell is set to take questions Thursday on…

Alex Jones seeks new trial after $1B Sandy Hook verdict

HARTFORD, Conn. (AP) — Conspiracy theorist Alex Jones has asked a Connecticut…

Shalanda Baker and the energy crisis plaguing Black and brown Americans

Recovery efforts still continue weeks after a winter storm plunged the Southern…

Trump says he would pardon a ‘large portion’ of Jan. 6 rioters

Former President Donald Trump promised Wednesday night that if he is elected…