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Amazon’s quarterly profits soar to a record $20 billion

MarketWatch on MSN · 2h

Amazon’s outlook underwhelms as tech giant forecasts ‘lumpy’ cloud growth in years ahead

Amazon shares slid after the online-retail and cloud-services giant offered a first-quarter outlook that came up short of Wall Street’s expectations while forecasting bumpy trends in its cloud business.

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.

Geekwire on MSN · 6h

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.

Amazon, Microsoft and AI

Bloomberg L.P. · 16h

Amazon Cloud Needs to Deliver After Microsoft, Alphabet Misses

Amazon.com Inc. shares have largely climbed on the back of two trends: strength in its cloud business and a focus on costs. Now both could be in question.

Business Standard · 2h

Amazon, echoes rival Microsoft, says it can't keep up with AI demand

Amazon spent $26.3 billion in capital expenditures in the last three months of 2024, the vast majority of which went toward AI-related projects within AWS

YAHOO!Finance · 4h

Amazon, Echoing Microsoft, Says It Can’t Keep Up With AI Demand

Amazon.com Inc. warned investors that it could face capacity constraints in its cloud computing division despite plans to invest some $100 billion this year, with most of the money going toward data centers,

5hon MSN

Amazon shares slide as weak revenue outlook, AI spending rattle investors

Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.

4h

Amazon Says Profits Rose 88% but Cautions Growth May Slow

The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.

3h

Amazon’s stock drops as cloud revenue comes up short and it doubles AI spending

AWS has not been able to match the growth of Amazon’s competitors, with Microsoft Corp.’s Azure and Alphabet Inc.’s Google ...

1d

Amazon's cloud business faces crucial test after rivals Microsoft, Google stumble

The pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday, ...

1d

Amazon (AMZN) Will Be Under Pressure to Deliver Strong Cloud Computing Results

Amazon (AMZN) will likely be under pressure to deliver strong cloud computing results in its fourth-quarter earnings report ...

6hon MSN

Amazon is poised to dethrone Walmart in quarterly revenue for the first time ever with a bombshell $187 billion in sales

The brick-and-mortar mainstay has held the top spot in quarterly sales for more than a decade, according to analysts.

StockStory.org on MSN6h

Amazon’s (NASDAQ:AMZN) Q4 Earnings Results: Revenue In Line With Expectations But Quarterly Revenue Guidance Misses Expectations

Cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) in Q4 CY2024, with sales up 10.5% year on year to $187.8 ...

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