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Why Interest Rate Cuts Could Unleash Amazons E-Commerce Growth
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- Tiny Tech News
The "Magnificent Seven" tech giants (Apple, Microsoft, Nvidia, Alphabet, Amazon, Meta, and Tesla) offer insight into the economy`s health due to their diverse businesses.
Recent economic challenges include inflation and high interest rates, but the Federal Reserve Chair hinted at potential interest rate cuts. The author believes this could benefit the Magnificent Seven, particularly Amazon.
Amazon`s revenue from physical stores, third-party sellers, and subscriptions has slowed recently, likely due to inflation and interest rate hikes impacting consumer spending. However, the author suggests that a rate cut could boost consumer purchasing power and reignite growth in Amazon`s e-commerce segment, making it a good time to invest.
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