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Amazon’s quarterly profits soar to a record $20 billion
Amazon’s quarterly profits soar to a record $20 billion, but cloud growth comes up short
Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the bottom line, with earnings of $1.86 per share, vs. expectations of $1.48 for the fourth quarter.
Amazon slips as slowdown in cloud growth weighs on sales forecast
(Reuters) -Amazon shares dipped 3.3% in premarket trading on Friday after the online retailer's cloud growth fell short of expectations, prompting a subdued sales forecast for the current quarter. Amazon Web Services (AWS),
Amazon Beats Quarterly Revenue Estimates, Cloud Growth Lags
Amazon.com topped Wall Street estimates for quarterly revenue on Thursday, as strong sales over the holiday shopping season boosted its retail business, helping offset weakness in the cloud computing unit.
Amazon, AI
Amazon Spending On AI Increases; Jobs Number Weaker Than Forecast
Investors Await Nvidia Earnings As AI Spending Continues Rising.
Amazon Offers Weak Outlook on Rising Spending for AI
Amazon.com Inc. projected profit in the current quarter that fell short of analysts’ estimates, suggesting the company continues to ramp up spending to support artificial intelligence services.
Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity' in AI
Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Amazon said it plans to boost capital expenditures to $100 billion in 2025,
Amazon Reports Strong Earnings for Q4
Amazon reports strong earnings for Q4, but stocks dip due to guidance for the 1st quarter
The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, a 10% jump compared to the same period in 2023. Profits came out to $20 billion while earnings per share reached $1.86, higher than the $1.49 that analysts surveyed by FactSet had anticipated.
Is Amazon still a top growth stock after its Q4 report?
With sales growth slowing and AI investments weighing on near-term profits, do investors have better stocks to consider buying than Amazon? The post Is Amazon still a top growth stock after its Q4 report?
Amazon reports better-than-expected Q4 results, but soft revenue guidance weighs
Investing.com - Amazon.com reported softer revenue guidance for the current quarter on Thursday, offsetting fourth-quarter results that beat analysts' forecasts as the tech giant's cloud growth met expectations and growth in North America improved.
1h
Amazon to pay nearly $4M to settle lawsuit alleging it took tips from drivers
Amazon has agreed to pay nearly $4 million to settle charges that the e-commerce company subsidized its labor costs by taking ...
2h
Amazon cuts diversity reference from annual report as firms roll back DEI
Amazon.com eliminated a reference to "inclusion and diversity" in its annual report filed on Thursday, after telling ...
1h
on MSN
Amazon scrubs DEI mention from its annual report
Amazon has removed any references to diversity and inclusion from its most recent annual report. Tech companies have been ...
2h
on MSN
Amazon deal of the day: Slash $50 off the first-ever Kindle with a color display
You can also save up to 61% on the Bose QuietComfort Ultra, Luna controller, Echo Buds with ANC, and Kindle Paperwhite.
11m
on MSN
Amazon cuts reference to diversity from annual report
Amazon.com removed a reference to "inclusion and diversity" in its annual report filed on Thursday, after it told employees ...
5h
Amazon Stock Down On $100 Billion CapEx, Doubts About AI Payoff
Amazon said Thursday it plans to boost its capital expenditures to $100 billion in 2025, as it continues its AI investments.
2h
on MSN
Readers rejoice: The Kindle Colorsoft is $50 off at Amazon
SAVE $50 + GET 3 MONTHS OF FREE KINDLE UNLIMITED: The new Kindle Colorsoft Signature Edition (32GB) is on sale for $229.99, ...
1h
The All-new Amazon Kindle Paperwhite Just Got Its First Price Cut This Year
Read for long bouts of time with the Kindle Paperwhite’s killer battery. A single charge with it’s USB-C port or compatible ...
18h
on MSN
Amazon on pace for $100B+ in yearly capex; Jassy expects cost efficiencies to drive AI demand
Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
1d
Amazon earnings recap: Stock falls as guidance falls short, CFO indicates capex of more than $100 billion in 2025
Amazon's earnings call is today at 5 pm ET. AMZN stock heads into the report up 8% YTD. Investors are focused on cloud demand ...
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