Amazon profits last year soared, but growth is slowing
Amazon’s increased spending comes after a few years of cost-cutting from the company. Jassy announced layoffs in 2022 that ...
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 ...
Amazon: Huge AWS Profit Up-Scaling Opportunity Ahead
Amazon's Q4 2024 earnings beat expectations, driven by AWS's strong performance. Read more to see what makes AMZN stock a ...
Amazon Q4 Ad Revenue Climbs 18% but Misses Wall Street Estimates, Total Profit Hits $20 Billion in Holiday Shopping Period
Amazon reported $17.3 billion in advertising sales for Q4 2024, an increase of 18% -- which fell short of Wall Street ...
Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s $100 billion AI spending spree to fight Google and Microsoft
Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in 2025, up at least 20% from 2024. The "vast majority" of ...
Amazon shares drop as cloud growth, sales forecast lag
Amazon.com investors drove shares down sharply on Thursday due to weakness in the retailer's cloud computing unit and ...
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Amazon almost doubles annual profits, but outlook disappoints the stock market
Amazon's retail business is flourishing, but its cloud business AWS is growing more slowly than the competition. The forecast indicates limited growth overall. Amazon earned more than expected in ...
Yahoo Finance4d
Amazon stock falls after first quarter sales, profit outlook disappoints
For Q4, Amazon posted earnings per share of $1.86 on revenue of 187.7 ... 1.00 and revenue of $169.9 billion in the same period last year. AWS revenue came in at $28.7 billion, just shy of ...