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’ ...
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.
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 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.
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