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Amazon was founded on July 5, 1994, by Jeff Bezos in Bellevue, Washington. [6] The company originally started as an online marketplace for books but gradually expanded its offerings to include a wide range of product categories. This diversification led to it being referred to as "The Everything Store". [7]
Gains in retailers and communications services companies helped outweigh losses in consumer goods makers, financial stocks and elsewhere in the market. Amazon.com rose 2.2% and Meta Platforms added 1.3%. Walgreens Boosts Alliance plunged 22.2% for the biggest drop in the S&P 500. Its reported results that fell shy of forecasts and cut its outlook.
Now through July 7, many Jumping Beans items for infants, toddlers and big kids (size 4-12) are on sale for 20% off. We could see savings of 40% to 60% during the Cyber Deals event.
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