Amazon.com Inc (AMZN)
Amazon Beats Q4 Earnings Estimates, Issues Weak Q1 Guidance
AMZN's fourth-quarter results benefit from a solid momentum in AWS and strength in Prime. Amazon shares drop on weak Q1 guidance.
Amazon's stock dipped despite strong Q4 sales. Here's why
Amazon on Thursday reported better-than-expected revenue and profits for the holiday shopping period, but its stocks dipped in after-hours trading due to disappointing guidance for the current 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 with 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.But the company said it expected revenue for the current quarter to be between $151 billion and 155.5 billion, lower than the $158.56 billion that analysts were expecting.
What's Happening With AMZN Stock?
Amazon (NASDAQ: AMZN) surpassed street expectations from its fourth quarter performance, delivering revenue of $187.8 billion and adjusted earnings per share of $1.86 - topping analysts' projections of $187.3 billion and $1.49, respectively. While Amazon Web Services remained a key growth driver, the company provided a cautious first-quarter forecast that could potentially pressure its stock price in the near term.
Amazon Stock Down On $100 Billion CapEx, Doubts About AI Payoff
The business of generative AI teeters on an upside down pyramid. With the exception of Nvidia which has benefited tremendously from the $1 trillion in capital spending by cloud services providers, those using AI chatbots are still in search of a killer app, I noted in Brain Rush.
Expect Amazon's growth to decelerate in the near term, says RBC's Brad Erickson
Brad Erickson, RBC Capital Markets internet services senior analyst, joins 'Squawk Box' to discuss Amazon's quarterly earnings results, the company's capex spending, and more.
AI sets Amazon stock price prediction for end of February
As it turned out in the extended session between February 6 and February 7, Amazon's (NASDAQ: AMZN) latest earnings report failed to satisfy investors despite demonstrating an earnings and revenue forecast beat.
AMZN Slumps as Dollar Hurts Earnings
Despite having a "holiday shopping season that was the most successful yet", Amazon (AMZN) shares are slumping premarket on Friday. The company cited a strong dollar impacting its global business.
Amazon: Strong Numbers but Weak Outlook
Here's our initial take on Amazon.com's (AMZN 1.13%) financial report.
Amazon: Why You Shouldn't Miss Out On Buying The Post-Earnings Dip
Amazon's Q4 FY24 results met expectations, but weak Q1 FY25 guidance led to a 4% stock dip in after-hours trading. I think this is an opportunity to buy the dip. Amazon's focus on reducing per-unit costs in its retail commerce business and lower freight shipping costs can boost margins. AMZN's focus on chip design to reduce reliance on NVIDIA's GPUs and save costs via in-sourcing can lead to long term 50% EBIT margins for AWS.
Amazon reports strong earnings for Q4, but stocks dip due to outlook for the first quarter
Amazon on Thursday reported better-than-expected revenue and profits for the holiday shopping period, but its stocks dipped in after-hours trading due to disappointing guidance for the current quarter.
Amazon shares under pressure after disappointing Q1 guidance
Amazon shares slip to the downside as the tech giant issues lower-than-expected guidance for the current quarter, but talks up its capex plans with spending to hit 100 billion dollars this year. Europe's STOXX 600 closes at an all-time high, lifted by upbeat earnings as attention turns to today's U.S. jobs report.
