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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.
The mystery inside Amazon’s record profits: How much are higher seller fees boosting the bottom line?
Amazon's cloud and ad divisions are key contributors to its record profit. But the tech giant keeps the full picture murky.
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 Reports Strong Earnings for Q4
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, a 10% jump compared to the same period in 2023. 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.
Analysts rework Amazon stock price targets after Q4 earnings surprise
Amazon was that last of the four major hyperscalers to publish December-quarter earnings and 2025 spending plans.
Amazon's post Q4 price action presents buying opportunity - analysts
Amazon’s lackluster outlook for FY25 and as-expected growth in its cloud services business may have spooked investors, but Wall Street analysts see the 4% drop in the share price as a buying opportunity and are holding firm on their bullish outlook for the stock.
Amazon Stock Drops
Stock market ends mostly up. Amazon drops after-hours on sales outlook. Jobs data due Fri
US stocks mostly rose on Thursday as investors look at earnings. Amazon issues weak sales outlook after the close. Monthly jobs data due Friday.
Amazon Stock Drops After Softer-Than-Expected Sales Outlook
Amazon shares fell after the e-commerce and cloud company's sales outlook missed analysts' expectations. Some key figures for last quarter: Earnings came in at $1.86 a share, about 25% above analyst expectations.
Amazon shares drop as cloud growth, sales forecast lag
By Greg Bensinger, Deborah Mary Sophia (Reuters) -Amazon.com investors drove shares down sharply on Thursday due to weakness in the retailer's cloud computing unit and lower-than-expected forecasts for first-quarter revenue and profit.
3d
on MSN
Amazon, King of Online Retail, Can’t Seem to Make Its Physical Stores Work
The e-commerce giant is closing more of its convenience stores. “I don’t think they really understand retail,” a consultant ...
1d
on MSN
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 ...
2d
on MSN
3 Reasons to Buy Amazon Stock Like There's No Tomorrow
In general, Amazon's approach is to be everything to everyone rather than striving for a niche audience, and it has released ...
4d
on MSN
Tariffs' toll on Amazon e-commerce: Here's what to know
CNBC's Megan Casella joins 'Closing Bell Overtime' with breaking news on tariffs. CNBC's Kate Rooney joins 'Squawk Box' to ...
1d
on MSN
Amazon set to pass Walmart in revenue for first time
Walmart, which is often dubbed the world’s biggest retailer in reference to its revenue, still leads the way when it comes to ...
1d
on MSN
Amazon on pace for $100B+ in yearly capex; Jassy expects cost efficiencies to drive AI demand
Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
inc42
8h
Amazon India Extends MoU With DGFT To Enable Ecommerce Exports
Ecommerce major Amazon India said it has extended its MoU with the DGFT to accelerate ecommerce exports from India.
devdiscourse
16h
Amazon and DGFT Boost Indian E-commerce Exports
Amazon and DGFT have extended their collaboration to enhance e-commerce exports from India. The partnership will provide ...
1d
on MSN
'Most Successful Yet for Amazon': Walmart Has Topped the S&P 500 for 12 Years. This Month, Another E-Commerce Giant Is Expected to Take Its Crown.
Walmart may have generated the most revenue of any other company in the S&P 500 for the past 12 consecutive years, but ...
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