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For the longest time now, e-commerce giant Amazon (AMZN) has been treated with neglect by the Street. Not as divisive as Tesla (TSLA) or as much loved as Nvidia (NVDA), there has been just a palpable sense of indifference towards the Seattle, Washington-based company. Unsurprisingly, the stock is down almost 13% over the past year.
However, the $2.2 trillion market cap company may just have received a timely boost from the Federal Communications Commission (FCC).