NEW YORK (AP) — Amazon.com took a hit Friday after its revenue forecast caught investors off guard.

THE SPARK: Amazon’s first-quarter earnings were stronger than expected and revenue was in the ball park. For the current quarter, however, the company projected revenue of $14.5 billion to $16.2 billion. The midpoint of the range is lower than the $15.92 billion that analysts’ estimates, according to FactSet.

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