Amazon.com Inc (AMZN)
Amazon's sales miss expectations but profits nearly double in second quarter results
Amazon's sales fell short of Wall Street's estimates but profits exceeded expectations in the company's second quarter results, released Thursday afternoon for the three months ended June 30, 2024.
Amazon's advertising business grew 20% in the second quarter
Amazon's online advertising business brought in $12.77 billion during the second quarter, marking a 20% year-over-year increase, but missing analyst estimates. Amazon disclosed the latest quarterly financial results of its online advertising unit on Thursday when it reported its second-quarter earnings.
Amazon Q2 Earnings Highlights: Revenue Miss, EPS Beat, Q3 Guidance And More
E-commerce giant Amazon.com Inc AMZN reported second-quarter financial results after the market close Thursday.
Amazon's cloud unit reports 19% revenue growth, topping estimates
Amazon Web Services reported a 19% increase in second-quarter revenue. Amazon picked longtime executive Matt Garman to replace Adam Selipsky as the cloud unit's leader during the quarter.
Amazon projects quarterly revenue below estimates
Amazon.com forecast current-quarter revenue largely below Wall Street estimates on Thursday, signaling tepid demand for its cloud computing services as businesses keep a tight lid on costs against an uncertain economic backdrop.
Amazon Earnings Are Imminent; These Most Accurate Analysts Revise Forecasts Ahead Of Earnings Call
Amazon.com, Inc. AMZN is expected to release earnings results for its second quarter, after the closing bell on Thursday, Aug. 1.
Amazon to report quarterly earnings after the close
Analysts expect Amazon to show revenue growth of 10.5% in its second-quarter earnings report after the close on Thursday. Amazon is rounding out what's been a mixed earnings season for tech's biggest companies.
What You Need To Know Ahead of Amazon's Earnings
UPDATE—Aug. 1, 2024: This article has been updated to reflect more recent analyst estimates and share price information.
Amazon's Bullish Trend Powers Up: Can Q2 Earnings Fuel A Breakout?
Amazon.com Inc AMZN will be reporting its second-quarter earnings today. Wall Street expects $1.03 in EPS and $148.57 billion in revenues as the company reports after market hours.
Amazon Stock Is Beating S&P500 In YTD Returns, What To Expect From Q2 Results?
Amazon (NASDAQ: AMZN) stock gained 20% YTD, as compared to a 15% rise in the S&P500 index. Notably, Amazon's peer eBay (NASDAQ: EBAY) is up 30% YTD.
2 No-Brainer Billionaire-Owned Stocks to Buy Right Now
Coca-Cola's vast distribution network has helped its beverage market dominance. Coca-Cola has increased its dividend for 62 consecutive years.
Want to Build a Portfolio That May Soar in an AI Boom and Withstand an AI Crash? Here's How.
Artificial intelligence companies such as Nvidia and Super Micro have generated billions of dollars in revenue and their shares have soared to record levels. Some experts are optimistic about AI's future, while others say an AI bubble is about to burst.
