Amazon sales surged 14% during the fourth quarter, helped by strong holiday spending and a better-than-expected growth in its ...
Releasing its fourth-quarter results after market close on Thursday, Amazon's cloud computing business, Amazon Web Services ...
The Wall Street consensus expectations are for Amazon to report December quarter revenue of $211.4 billion with adjusted ...
Amazon shares dove more than 11 percent on Thursday as the computing and retail titan reported strong sales but significantly boosted spending estimates.
Amazon Web Services generated $35.58 billion in revenue, according to a statement. Analysts polled by StreetAccount had ...
Amazon's fourth-quarter earnings missed estimates despite a 14% revenue rise. AWS reported a significant 24% growth, while Amazon plans an increased capital spending on AI and satellites. Analysts had ...
Amazon reported a 14% increase in sales for Q4, driven by holiday shopping and cloud computing growth. Despite this, shares fell 11% due to planned capital spending hikes and ongoing job cuts. The ...
Amazon.com Inc. reported strong advertising and cloud growth in its latest earnings, but plans for sharply higher capital expenditures unsettled investors, ...
CEO Andy Jassy claimed that the demand for Amazon's products has been higher than ever as it continues to invest in AI and ...
Amazon.com Inc. delivered record quarterly revenue on the back of strong cloud growth during the fourth quarter, but its ...
Shares plunge over 8% as investors react to billions being pumped into cloud computing and AI by tech companies.