Shares of Amazon (NASDAQ: AMZN) slipped -1.65% on Wednesday and have now fallen -4.14% since market close last Thursday in the lead-up to the company’s Q4 earnings call, despite beating analysts’ ...
Amazon long ago passed Walmart in terms of market cap, but the e-commerce giant is finally poised to leapfrog its ...
But despite the success, analysts expected more from Amazon Web Services. The company reported revenue growth of 19% for the last three months of 2024, just below Wall Street’s expectation of 19.3%.
Based on Amazon's forecast, the company expects revenue growth of only 5% to 9% in the first quarter. At the low end of the range, that would mark the slowest growth on record. Amazon went ...
Amazon's cloud unit AWS reports weaker-than-expected revenue growth Investors concerned over first-quarter sales outlook Amazon's retail business offsets cloud weakness with 7% online sales growth ...
Amazon Inc reported its financial results for the fourth quarter and full year 2024, with steady growth across its business segments. The advertising revenue saw a 18% year-over-year (YoY ...
(Reuters) -Amazon.com shares fell 4% on Friday after the technology heavyweight's quarterly cloud computing revenue growth disappointed investors waiting for a bigger payoff from heavy spending on AI.
At the time, Amazon's revenue was just one-fifth of Walmart's, but the company's diverse business portfolio, including cloud services, advertising, video streaming, and AI, fueled its rapid expansion.
(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.
(Reuters) -Amazon.com shares fell 4% on Friday after the technology heavyweight's quarterly cloud computing revenue growth disappointed investors waiting for a bigger payoff from heavy spending on AI.