I continue to pound the table for buys on Amazon after its Q4 FY24 results release yesterday after market hours: However, the stock still fell 4% after the earnings release and concall.
Amazon said it will continue spending billions of dollars on AI infrastructure and signaled that it's not afraid of cheaper competitors during its call on Thursday. CFO Brian Olsavsky indicated ...
Amazon's strong e-commerce growth, focus on cost reduction, and customer experience make it a great long-term investment.
Amazon reported fourth-quarter earnings that topped analysts' estimates. However, its revenue outlook for the first quarter missed projections. Amazon said the forecast reflects "an unusually ...
Amazon just wrapped a big fourth quarter, with a 10% lift in net sales to hit $187.8 billion and a year-over-year (YoY) ...
Amazon has reported better-than-expected revenue ... 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.
In-depth Amazon coverage from the tech giant’s hometown, including e-commerce, AWS, Amazon Prime, Alexa, logistics, devices, and more. Amazon Web Services growth will be a major factor in the ...
Amazon shares have increased roughly 5.8% in the previous month, reflecting investing optimism ahead of the earnings report.
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.
Amazon has started the year on a strong note, climbing 6.5% in January and reaching a record high of $242.52 earlier this week. This rally raises the stakes for its earnings report, as investors ...
Amazon posted strong revenue and profit gains ... 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.