Tag AMZN

Amazon (AMZN) reported third quarter results that topped Wall Street estimates on both the top and bottom lines. The company posted earnings of $1.43 per share compared to a Bloomberg consensus estimate of $1.16. Net sales were $158.9 billion versus the expected $157.29 billion. AWS revenue net sales were $27.45 billion compared to a $27.49 billion estimate. For Q4, Amazon sees net sales in a range of $181.5 billion to $188.5 billion. Wall Street was expecting $186.36 billion. It sees operating income in a range of $16.0 billion to $20.0 billion versus the estimated $17.49 billion. Yahoo Finance Senior Reporters Alexandra Canal, Jared Blikre, and Josh Schafer break down the tech giant's results in the video above. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here. This post was written by Stephanie Mikulich...

The following slide deck was published by Amazon.com, Inc...

Amazon.com, Inc.'s digital ad business & AWS show strong growth, with AWS boasting a 38.1% operating margin in Q3. Click for more on AMZN Q3 earnings...

Amazon stock is lower ahead of a crucial third quarter report as investors digest results from Microsoft, Google and Meta...

Hundreds of Amazon staff have complained that executives are “dismissing their humanity” by demanding they return to the office five days per week...

Meta and Microsoft stocks tumbled Thursday as investors weighed their hefty AI expenditures against the time it will take to generate a return on their investment...

Zoox co-founder Jesse Levinson on Wednesday dismissed the possibility of Tesla Inc (NASDAQ:TSLA) deploying autonomous vehicles without safety drivers in California next year, alleging that the EV giant lacks a technology that works. What Happened: .....

mazon.com, Johnson & Johnson, Boston Scientific and Armanino Foods of Distinction are part of the Zacks top Analyst Blog...

Etsy has been trying to find new ways to draw more sales on its platform, but creativity might have its limits. The company, which also owns second-hand clothing marketplace Depop and musical instrument marketplace Reverb, said the volume of sales through its marketplaces declined 4.1% last quarter on the year, more than analysts had anticipated. For the year, Etsy expects total gross merchandise sales to decline by a low-single digit percentage, which would mark a third year of declines...