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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 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 Says Profits Rose 88% but Cautions Growth May Slow
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
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.
Amazon Q4 Earnings Clear The Bar In Strong Holiday Showing, But Stock Sags Due To Outlook For Q1
Amazon delivered a strong set of financial results in the fourth quarter, with revenue in the holiday span rising 10% from a year ago to $187.8 billion and earnings nearly doubling to $1.86. Shares in the tech giant slumped on the earnings news,
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.
Amazon's Alexa Set for Major AI Upgrade
Upcoming Amazon event invite teases a new AI-powered Alexa
Invites went out for an Amazon event in New York City on February 26, and all clues point to an Alexa AI announcement.
Amazon Set to Finally Unveil AI-Enhanced Alexa at Feb. 26 Event
Amazon will host an event on Feb. 26 that may include the launch of a revamped Alexa the company has been teasing for more than a year. Amazon typically holds an event each fall to launch its latest Echo devices ahead of the holiday shopping season,
Amazon's Alexa Set for Major AI Upgrade: Here's What to Expect
Amazon is expected to tease a major AI-powered upgrade for its voice assistant Alexa later this month, one that could change how we interact with tech at home. The company has sent out media invites for a Feb.
4h
Amazon earnings live updates: Stock falls as earnings beat estimates but guidance falls short
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 ...
57m
on MSN
Wall Street ends mixed in choppy trading; Amazon, jobs report in focus
The S&P 500 and the Nasdaq ended higher while the Dow closed lower after a choppy trading session on Thursday, as investors ...
5h
on MSN
Amazon set to pass Walmart in revenue for first time
Walmart, which is often dubbed the world’s biggest retailer, in reference to its revenue, still leads the way when it comes ...
3h
3 comedies on Amazon Prime Video you need to watch in February 2025
Reese Witherspoon, Jack Black, Anne Hathaway, and Meryl Streep star in three comedies on Amazon Prime Video you need to watch ...
6h
on MSN
Amazon's Alexa Set For Radical Overhaul: What to Know
Alexa is set to receive a reboot powered by generative artificial intelligence, which "could be risky" for Amazon.
4h
Amazon’s Whole Foods asks labor agency to set aside results of union win at Philadelphia store
Amazon-owned Whole Foods is asking the National Labor Relations Board to set aside the results of a union election that led ...
43m
on MSN
Amazon Earnings: Shares Fall After Sales Outlook Is Weaker Than Expected
Amazon.com shares slipped Thursday after it projected weaker-than-expected sales for the first quarter, even as it spent a ...
29m
on MSN
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 ...
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