The company gave weaker-than-expected sales guidance for the current quarter, and it recorded its first net loss in seven years.
The second-quarter forecast suggests revenue growth could dip to a range of 3% to 7% from a year earlier, representing a further slowdown from the first quarter, when revenue at Amazon increased 7%.
Amazon also lost about $3.8 billion in the second quarter, compared with a profit of $8.1 billion a year ago. The company's investment in electric vehicle maker"While sales were short of expectations by a mere $6 million, the bigger headline was the company's first quarterly loss since 2015, at a loss per share of $7.56, or nearly $16.
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