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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’s outlook underwhelms as tech giant forecasts ‘lumpy’ cloud growth in years ahead
Amazon shares slid after the online-retail and cloud-services giant offered a first-quarter outlook that came up short of Wall Street’s expectations while forecasting bumpy trends in its cloud business.
11m
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.
2h
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.
1h
Nokia wins German court ruling against Amazon over streaming patent
A German court ruled on Friday that Amazon has violated a video streaming patent owned by Finnish network equipment maker ...
21h
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 ...
18h
on MSN
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, ...
1h
on MSN
3 rom-coms on Amazon Prime Video you need to watch in February 2025
Cozy up with one of these three rom-coms on Amazon Prime Video you need to watch in February 2025, all perfect for ...
2h
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 ...
5h
on MSN
Morning Bid: Cloudy Amazon, payrolls and a flatter curve
A look at the day ahead in U.S. and global markets from Mike Dolan Another forecast miss from a U.S. megacap combines with ...
17h
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.
16h
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.
5h
on MSN
Amazon Pours Fuel on Big Tech Spending After DeepSeek Panic
The e-commerce giant is pulling ahead of rivals in the AI investment race with plans for more than $100 billion in capital ...
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