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

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.

Reuters · 2h

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.

The New York Times · 40m

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.

Seattle Times · 46m

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.

NBC New York · 1h

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 Reports Strong Earnings for Q4

Associated Press · 59m

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, a 10% jump compared to the same period in 2023. Profits came out to $20 billion while earnings per share reached $1.86, higher than the $1.49 that analysts surveyed by FactSet had anticipated.

Deadline on MSN · 1h

Amazon Q4 Earnings Clear The Bar In Strong Holiday Showing, But Stock Sags Due To Outlook For Q1

Amazon delivered a strong set of financial results in the fourth quarter, with revenue in the holiday span rising 10% from a year ago to $187.8 billion and earnings nearly doubling to $1.86. Shares in the tech giant slumped on the earnings news,

uk.investing.com on MSN · 23m

Amazon reports better-than-expected Q4 results, but soft revenue guidance weighs

Investing.com - Amazon.com reported softer revenue guidance for the current quarter on Thursday, offsetting fourth-quarter results that beat analysts' forecasts as the tech giant's cloud growth met expectations and growth in North America improved.

Amazon's Alexa Set for Major AI Upgrade

Digital Trends on MSN · 35m

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.

PCMag on MSN · 5h

Amazon Set to Finally Unveil AI-Enhanced Alexa at Feb. 26 Event

Amazon will host an event on Feb. 26 that may include the launch of a revamped Alexa the company has been teasing for more than a year. Amazon typically holds an event each fall to launch its latest Echo devices ahead of the holiday shopping season,

CNET on MSN · 5h

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

Amazon is expected to tease a major AI-powered upgrade for its voice assistant Alexa later this month, one that could change how we interact with tech at home. The company has sent out media invites for a Feb.

Amazon earnings live updates: Stock falls as earnings beat estimates but guidance falls short

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 ...

48mon MSN

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 ...

5hon MSN

Amazon set to pass Walmart in revenue for first time

Walmart, which is often dubbed the world’s biggest retailer, in reference to its revenue, still leads the way when it comes ...

3 comedies on Amazon Prime Video you need to watch in February 2025

Reese Witherspoon, Jack Black, Anne Hathaway, and Meryl Streep star in three comedies on Amazon Prime Video you need to watch ...

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 ...

19mon MSN

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 ...

1hon MSN

Amazon Q4 Ad Revenue Climbs 18% but Misses Wall Street Estimates, Total Profit Hits $20 Billion in Holiday Shopping Period

Amazon reported $17.3 billion in advertising sales for Q4 2024, an increase of 18% -- which fell short of Wall Street ...

16mon MSN

Amazon Earnings: Shares Fall After Sales Outlook Is Weaker Than Expected

Amazon.com shares slipped Thursday after it projected weaker-than-expected sales for the first quarter, even as it spent a ...

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

Amazon Reports Strong Earnings for Q4

Amazon's Alexa Set for Major AI Upgrade

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