The Mag 7’s Strength Just Became a Weakness
Amazon.com, Microsoft, and Alphabet all fell after earnings. The common theme was disappointment in the cloud.
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 ...
Amazon Analysts Flag Q1 Guidance Concerns, AI Investment Surge: 'Spend Money To Make Money'
Bank of America analyst Justin Post reiterated a Buy rating and raised the price target from $255 to $257. RBC Capital ...
Network World15h
AWS plans to outspend Microsoft and Google on on AI infrastructure
Amazon’s CEO plans to invest more than $100 billion this year, mostly in AI infrastructure — but could face challenges buying ...
MediaPost15h
Amazon Ad Revenue Climbs 18% To $17.3B
Amazon's online ad business generated $17.29 billion in Q4 2024, the company reported Thursday, with total profits hitting ...
Amazon wants to spend $104 billion, and the stock gets clipped: What Wall Street is saying
Similar to Microsoft ( MSFT) and Meta ( META) this earnings season, Amazon uncorked a whopper of a capex guide. It sees $104 billion in capex spending this year, well above analyst forecasts of $80 ...
Amazon slips as slowdown in cloud growth weighs on sales forecast
(Reuters) -Amazon shares dipped 3.3% in premarket trading on Friday after the online retailer's cloud growth fell short of ...
Amazon Earnings: Raising Fair Value After Strong Q4
First-quarter outlook was also slightly better than we expected.