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 ...
Wall Street expects Amazon Web Servicesrevenue of $28.8 billion for the quarter, an increase from last year’s $24.2 billion.
US stocks mostly rose on Thursday as investors look at earnings. Amazon issues weak sales outlook after the close. Monthly ...
In the fourth quarter, Amazon reported spending $27.8 billion on property and equipment, significantly higher than the same period in 2023. During a call with analysts on Thursday, Amazon CEO Andy ...
The company is expected to show strong operating income growth, reflecting CEO Andy Jassy’s efforts to rein in expenses.
Amazon beat on the top and bottom lines for the fourth quarter, but it gave weak guidance for the current period.
Amazon’s increased spending comes after a few years of cost-cutting from the company. Jassy announced layoffs in 2022 that ...
In its earnings report on Thursday, Amazon said the strong dollar is weighing on revenue, signaling the company is ...
Amazon said after the bell earnings and revenues in the final few ... spending and how the online retailer plans to use AI to make money, analysts said. The broad S&P 500 closed up 0.36%, or ...
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