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

Amazon shares fall 4% after cloud unit reports weaker-than-expected growth

Amazon shares fell 4% in Frankfurt on Friday a day after the retailer's results showed weakness in its cloud computing unit and it forecast and lower-than-expected first-quarter revenue and profit.

GeekWire · 13h

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.

U.S. News & World Report · 15h

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, AI and Google

Hosted on MSN · 9h

Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s $100 billion AI spending spree to fight Google and Microsoft

Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in 2025, up at least 20% from 2024. The "vast majority" of

Investopedia on MSN · 11h

Amazon Follows Google, Meta, and Microsoft With Plans To Boost Spending on AI

Key Takeaways Amazon said it expects to spend over $100 billion in capital expenditures this year, with the "vast majority" going to AI for Amazon Web Services.The company is the latest Big Tech firm to announce it's boosting expected AI infrastructure spending this year.

NBC Los Angeles · 13h

Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity' in AI

Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Amazon said it plans to boost capital expenditures to $100 billion in 2025,

Amazon, AI and Alexa

Digital Trends on MSN · 14h

Upcoming Amazon event invite teases a new AI-powered Alexa

Invites went out for an Amazon event in New York City on February 26, and all clues point to an Alexa AI announcement.

ZDNet · 23h

Amazon's gen AI-powered Alexa is coming - how much it could cost you

Amazon's next event will launch Alexa's generative AI voice service - but don't expect it to be free. Amazon might soon reveal the next generation of Alexa, one equipped with AI skills. At a press event scheduled for Wednesday,

Reuters · 1d

Amazon's AI revamp of Alexa assistant nears unveiling

Amazon is set to release its long-awaited - and delayed - Alexa generative artificial intelligence voice service, said three people familiar with the matter, and has scheduled a press event for later this month to preview it.

Amazon Earnings Beat Expectations. Stock Slips

TheStreet on MSN · 57m

Analysts rework Amazon stock price targets after Q4 earnings surprise

Amazon was that last of the four major hyperscalers to publish December-quarter earnings and 2025 spending plans.

Business Insider · 1h

Amazon Q4 Upbeat, Sees Sales Growth In Q1; But Stock Down

Shares of Amazon.com Inc. declined around 4 percent in the extended trading on Thursday and are currently down around 3 percent in

Yahoo · 15h

Amazon Earnings Beat Expectations. Stock Slips As Guidance Dissapoints.

Amazon stock fells despite stronger-than-expected Q4 earnings. The tech giant's guidance for the current quarter missed views.

Amazon, Job Reports Cap Wall Street Pre-Bell

Reuters on MSN · 13h

Wall Street ends mixed in choppy trading; Amazon, jobs report in focus

The S&P 500 and the Nasdaq ended higher while the Dow closed lower after a choppy trading session on Thursday, as investors sifted through earnings reports and awaited Amazon's results after the bell and a key jobs report on Friday.

Business Insider · 20h

Amazon, a ‘top pick’ of Wall Street, set to report with AI spending in focus

Amazon (AMZN) is scheduled to report fourth quarter results after the market close on Thursday, February 6, with a conference call scheduled

MT Newswires on MSN · 1h

Amazon, Job Reports Cap Wall Street Pre-Bell; Asia, Europe Mixed

Wall Street futures pointed sideways pre-bell Friday as traders awaited the latest US monthly payrolls bulletin, and digested a tempered earnings report from Amazon.com (AMZN), issued after-bell on Thursday.

18h

Amazon earnings recap: Stock falls as guidance falls short, CFO indicates capex of more than $100 billion in 2025

Amazon's earnings call is today at 5 pm ET. AMZN stock heads into the report up 8% YTD. Investors are focused on cloud demand ...

2hon MSN

Morning Bid: Cloudy Amazon, payrolls and a flatter curve

A look at the day ahead in U.S. and global markets from Mike Dolan Another forecast miss from a U.S. megacap combines with ...

13h

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.

18hon MSN

Amazon’s Whole Foods asks labor agency to set aside results of union win at Philadelphia store

Amazon-owned Whole Foods is asking the National Labor Relations Board to set aside the results of a union election that led ...

Futures steady ahead of monthly payrolls test; Amazon slips

Futures linked to Wall Street's main indexes were subdued on Friday as investors avoided large bets prior to the crucial ...

1don MSN

Amazon’s war on bloat alienates workers — and pleases Wall Street

Employees in multiple departments at Amazon describe an uncertain workplace, where old career paths are drying up and ...

CNET on MSN19h

Amazon's Alexa Set for Major AI Upgrade: Here's What to Expect

If announced, this would mark Alexa's most significant evolution since its debut in 2014. Although Amazon has long been a ...

13hon MSN

Amazon on pace for $100B+ in yearly capex; Jassy expects cost efficiencies to drive AI demand

Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...

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

Amazon, AI and Google

Amazon, AI and Alexa

Amazon Earnings Beat Expectations. Stock Slips

Amazon, Job Reports Cap Wall Street Pre-Bell

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