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.
Amazon fourth-quarter cloud revenue falls just shy of Wall Street estimates
All three of the top companies providing cloud-based computing and storage delivered less fourth-quarter revenue from this category than expected.
Amazon beats estimates for quarterly revenue
The company’s cloud unit, Amazon Web Services (AWS), reported a 19 per cent rise in revenue to $28.79 billion (€27.72 billion), falling short of estimates of $28.87 billion, according to data compiled by LSEG. Amazon joins smaller cloud providers Microsoft and Google in reporting weak cloud numbers.
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 profits last year soared, but growth is slowing
Amazon almost doubled its profits in 2024 compared to the year before, but it missed some analysts expectations in its cloud division and issued a warning for slow sales growth in 2025. The Seattle-based tech giant reported $59.
Amazon shares slide as weak revenue, AI spending rattle investors
Amazon joined Microsoft and Google parent Alphabet in posting slowing cloud growth in last year’s fourth quarter.
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, ...
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 ...
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.
Amazon reports strong earnings for Q4, but stocks dip due to guidance for the 1st quarter
The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, ...
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.
Amazon Offers Weak Outlook on Rising Spending for AI
Amazon.com Inc. projected profit in the current quarter that fell short of analysts’ estimates, suggesting the company ...
Amazon projects profit missing estimates on rising AI spending
Amazon forecast first-quarter operating income would miss analysts’ expectations, and that overall sales would disappoint too ...
Amazon's Earnings Top Estimates, Though Its Forecast Underwhelms
Amazon (AMZN) reported fourth-quarter earnings that topped analysts' estimates, though its outlook underwhelmed. The e-commerce and cloud services giant saw net sales rise 10% year-over-year to $187.8 ...
Amazon earnings preview: AWS cloud growth, AI demand, trade wars among key issues to watch
Amazon Web Services growth will be a major factor in Amazon's earnings report Thursday, along with questions about AI demand ...