Amazon (AMZN -1.9%), which has strongly outperformed the Nasdaq in 2012, is selling off ahead of...

|By:, SA News Editor

Amazon (AMZN -1.9%), which has strongly outperformed the Nasdaq in 2012, is selling off ahead of tomorrow's Q2 report. Amazon's Euro exposure is on the minds of many, as are Kindle sales and the impact of U.S. sales tax collections. Citi (Buy) thinks investors should focus on Amazon's potential to double its share of U.S. online retail over the next decade. Nomura expects Amazon to report another quarter of margin improvements, as it reaps the benefits of huge warehouse investments.