Amazon’s Prime Day to Remind Wall Street of Its Retail Dominance

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In all the excitement around artificial intelligence, Amazon.com Inc.’s most important business has been somewhat forgotten by investors. This week’s Prime Day event could change that.

The two-day shopping jamboree, starting Tuesday, is expected to show robust growth and reinforce Amazon’s dominant position within e-commerce — and in retail overall. It could also underline how enhancements made during Covid continue to pay off, a positive signal before the company’s second-quarter results.

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