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 company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
1hon MSN
Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
In its earnings report on Thursday, Amazon said the strong dollar is weighing on revenue, signaling the company is ...
Walmart, which is often dubbed the world’s biggest retailer in reference to its revenue, still leads the way when it comes to ...
The pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday, ...
Amazon has turned in better-than-expected Q4 2024 earnings results, driven by strong performances in AWS and international markets, though high capital expenses loom.
The company is expected to show strong operating income growth, reflecting CEO Andy Jassy’s efforts to rein in expenses.
DeepSeek has prompted investors to take a closer look at the AI spending plans of the world's biggest tech companies.
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