The great Warren Buffett might have popularized value investing. But a lot of investors out there want to own businesses that are increasing revenue at a solid clip.
Let's see if it's time to buy, sell, or hold Amazon (AMZN) stock after posting strong Q4 results last Thursday but offering weaker-than-expected guidance.
Deepwater Asset's Gene Munster and Hightower's Stephanie Link, join 'Closing Bell' to discuss the tech trade, 'Mag 7' names to own and more.
Amazon ( AMZN ) didn't hold back during Thursday's earnings call, unveiling a capital spending program that stunned investors. The e-commerce and cloud computing giant not only reported stronger-than-expected quarterly earnings but also delivered 10% year-over-year sales growth—right in line with analyst projections.
Amazon's Q4 2024 revenue grew 10% YoY to $187b, possibly surpassing Walmart for the first time, with North American sales at $115b and AWS at $28.8b. Operating income rose significantly from $13.2b in Q4 '23 to $21.2b in Q4 '24, while net income nearly doubled to $20b, bringing EPS to $1.86. Amazon's core e-commerce business, along with profitable growth in Advertising and AWS segments, underscores its robust and diversified business model.
U.S. stocks settled lower on Friday, with the Dow Jones index dipping more than 400 points as investors digested the jobs report for January. Wall Street also recorded losses last week as renewed fears over inflation and trade tariffs eroded risk appetite.
Amazon has agreed to pay $3.95 million to settle a lawsuit in which it was accused of subsidizing its labor costs by stealing the tips its drivers received to cover part of the employees' base wages.
Amazon.com, Inc.'s net sales grew 10% YoY, driven by strong North American performance and AWS' $100 billion annual high-margin revenue. Net income surged 88% YoY to $20 billion, with a TTM net income of $60 billion, reflecting strong earnings growth. AWS remains a key driver, contributing half of net income with 48% YoY growth and significant capital expenditures.
CNBC's Kate Rooney reports on Amazon's AI sentiment shift and the company's long-term playbook.
Amazon's (NASDAQ: AMZN) Q4 and FY 2024 earnings report, released on February 6, was a double beat. Even though both earnings per share (EPS) and revenue came in above estimates, the markets weren't exactly satisfied.
CNBC's Kate Rooney joins 'Squawk Box' with the latest news.
Amazon delivered a strong Q4 with $187.79 billion in revenue and $1.86 EPS, but shares fell due to lower-than-expected Q1 2025 guidance. Despite the sell-off, I remain bullish on AMZN, citing its potential to reach $1 trillion in annual revenue and significant future free cash flow. Key risks include macroeconomic changes, competition, and potential overspending on CapEx, but AMZN's diversified profit mix and strong metrics are promising.