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%.
Amazon long ago passed Walmart in terms of market cap, but the e-commerce giant is finally poised to leapfrog its ...
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 ...
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 ...
(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.
PodcastOne reports a 22% revenue increase to $12.7 million, partners with Amazon’s ART19, and expands its programming to 196 shows. Operating loss for Q3 Fiscal 2025 was $1.6 million ...
Amazon reported better-than-expected earnings and revenue for the fourth quarter, but it gave disappointing guidance for the current period. The company blamed the weak guidance on foreign ...