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TechRadar
TechRadar
Craig Hale

Amazon CFO says major news events cause big disruption in consumer spending

Multinational tech company Amazon turns 30 in 2024.

Amazon’s Chief Financial Officer has claimed the ongoing turbulent news cycle, including major global events such as the US presidential election and the Paris Olympics, has been disrupting consumer spending patterns.

Brian Olsavsky confirmed earlier suspicions during a call with reporters, telling Axios “high-profile” news like last month’s attempted assassination see consumer attention become redirected.

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