Amazon.com Inc (AMZN)
Amazon Offers Q1 Shoutout To ‘Project Hail Mary', Tops Wall Street Forecasts Amid AI Arms Race
Amazon surpassed Wall Street forecasts with revenue of $181.5 billion in the March quarter, up 17% from the year earlier. CEO Andy Jassy noted Project Hail Mary‘s nearly $615 million at the box office to date among the company's achievements for the three months.
Luria Sees Good Signs Ahead for Big Tech After Earnings
DA Davidson Managing Director Gil Luria offers his key takeaways on earnings from Amazon, Microsoft and Meta Platforms. He speaks on "Bloomberg The Close.
Amazon Q1 earnings crush estimates across the board
Amazon (AMZN) is in the spotlight during extended trading hours after the tech giant delivered a massive “double beat” in Q1 results – powered by an explosion in AI-driven cloud demand and a high-margin advertising surge. Investors are zeroing in on the firm's aggressive growth trajectory and a forward-looking revenue guide that suggests the retail and cloud behemoth is only accelerating.
Amazon's cloud unit reports 28% sales growth, topping estimates
Amazon's cloud unit reported 28% revenue growth in the first quarter, and now accounts for over one-fifth of its parent company's total revenue. The division, which leads the cloud infrastructure market, faces stiffening competition from Microsoft and Google as they're all investing heavily for the AI era.
Amazon tops Q1 estimates as AWS growth hits fastest pace in 15 quarters
Amazon.com Inc (NASDAQ:AMZN) delivered a strong first-quarter earnings beat on Wednesday, with revenue, profit, and cloud growth all surpassing Wall Street expectations. The Seattle-based e-commerce and cloud giant reported first-quarter net sales of $181.5 billion, ahead of analyst estimates of approximately $177 billion and up 17% year-over-year.
Amazon.com Posts Double-Digit Growth Anchored by Booming Web Services
The retail and cloud-computing giant beat analyst estimates with a 17% jump in revenue and sharp increase in net profit.
Amazon stock rises 2% as AI spend, AWS growth face earnings test
Shares of Amazon rose about 2.3% on Wednesday as investors positioned ahead of the company's first-quarter earnings report, with markets closely watching cloud growth, artificial intelligence spending, and the potential impact of geopolitical tensions on consumer demand. The e-commerce and cloud giant is scheduled to report results after the market close, with expectations running high across multiple business segments.
Amazon Reports Earnings Today—Here's How Much the Stock Is Expected to Move
Amazon (AMZN) is set to report earnings after the closing bell today, with the stock seen potentially rallying to new record highs following the report.
5 Things to Know Before the Stock Market Opens
Stock futures are little changed as investors prepare for a Federal Reserve decision on interest rates and a flurry of earnings reports from major tech companies; oil prices continue rising as another round of peace talks with Iran remains uncertain; the Fed's rate decision will be released this afternoon, followed by a press conference from Chair Jerome Powell; Big Tech is set to dominate earnings headlines today, with results from Alphabet, Amazon, Microsoft and Meta all coming after the closing bell; and Robinhood shares are tumbling after the online exchange missed revenue and profit estimates. Here's what you need to know today.
Amazon Reports Earnings on Wednesday—Here's How Much the Stock Is Expected to Move
Amazon (AMZN) is set to report earnings after the closing bell on Wednesday, with the stock seen potentially rallying to new record highs following the report.
Amazon is already offering new OpenAI products on AWS
Almost as soon as OpenAI announced that its major investor and cloud partner, Microsoft, no longer has exclusive rights to any of its products, Amazon started gloating.
Amazon is back in Wall Street's good graces. Here's what will determine whether it stays there.
OpenAI, Anthropic and Meta Platforms are just a few of the companies relying on Amazon for support.
