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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.
9h
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 ...
5h
on MSN
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.
5h
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 ...
9h
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 ...
7h
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 ...
4h
on MSN
'Fast Money' traders break down Amazon's quarter and stock reaction
Rep. Ro Khanna (D-Calif.) joins 'Squawk Box' to discuss President Trump's third week back in office, DOGE and Elon Musk's ...
CNET on MSN
9h
Amazon's Alexa Set for Major AI Upgrade: Here's What to Expect
If announced, this would mark Alexa's most significant evolution since its debut in 2014. Although Amazon has long been a ...
3h
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 to ...
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