Amazon Cloud Revenue Fails To Impress; Weak Jobs Number May Make Case For Rate Cut
1. AWS growth at 17.5% disappointed vs. competitors' higher rates. 2. Amazon beat sales and profits, but shares dropped 7% after earnings. 3. Weak job numbers increased likelihood of a Fed rate cut in September. 4. Tariffs impact could affect Amazon's costs and pricing strategies. 5. Figma's IPO success indicates a potentially healthy new issue market.