Tag AMZN

The company reported record first-quarter sales as the AI boom powered growth in its cloud-computing unit, helping Amazon continue to shake off last year’s postpandemic slump...

Amazon has shrugged off competition from fast-growing Chinese rivals to post its strongest-ever start to the year...

Amazon.com Beats First-Quarter Views; Second-Quarter Revenue Outlook Falls Short...

Amazon on Tuesday reported strong results for the first quarter, driven by growth in its cloud-computing unit and a new surge of advertising dollars from its Prime Video streaming service. “It was a good start to the year across the business, and you can see that in both our customer experience improvements and financial results,” Amazon CEO Andy Jassy said in a statement. Amazon held another discount event in late March, right before the end of the first quarter...

Shares of Amazon.com (AMZN) rose in after-hours trading after the retail and technology giant’s reported quarterly revenue and net income ahead of Wall Street's expectations. Amazon stock was recently ahead more than 3%. Amazon's report, released after the closing bell, was the first of two major tech earnings this week, with an update from Apple due Thursday afternoon...

Amazon (AMZN) reported first quarter earnings of $0.98 per share, topping expectations of $0.83. Net sales of $143.31 billion was slightly better than the estimated $142.59 billion. Both AWS and North American revenues came in above Street consensus.  The company's second quarter outlook, however, fell short of expectations. Amazon sees net sales of $144 billion to $149 billion. The estimate was for $150.2 billion. Yahoo Finance's Julie Hyman and Josh Lipton break down the tech giant's quarterly results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich...