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Prediction: Amazon Stock Will Soar After Oct. 29
A market analyst has predicted that Amazon shares will rise sharply following October 29, the date of the company's third-quarter earnings report. The forecast is drawing attention from investors weighing whether the e-commerce and cloud giant can beat expectations after a strong run for big tech stocks this year.
Why now: Amazon's October 29 earnings report is a major upcoming catalyst that investors are speculating about.
Evidence
- Prediction: Amazon Stock Will Soar After Oct. 29 · Yahoo Finance
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