Amazon Profits - Search News

Amazon’s quarterly profits soar to a record $20 billion

GeekWire · 13h

Amazon’s quarterly profits soar to a record $20 billion, but cloud growth comes up short

Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the bottom line, with earnings of $1.86 per share, vs. expectations of $1.48 for the fourth quarter.

Fortune on MSN · 6h

The mystery inside Amazon’s record profits: How much are higher seller fees boosting the bottom line?

Amazon's cloud and ad divisions are key contributors to its record profit. But the tech giant keeps the full picture murky.

The New York Times · 1d

Amazon Says Profits Rose 88% but Cautions Growth May Slow

The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.

AI, Amazon and Google

Fortune on MSN · 1d

Amazon’s profit is suddenly going through the roof, fueling CEO Andy Jassy’s $100 billion AI spending spree to fight Google and Microsoft

Jassy told analysts on an earnings call Thursday that Amazon will spend around $100 billion or more on capital expenses in 2025, up at least 20% from 2024. The "vast majority" of

Investopedia on MSN · 1d

Amazon Follows Google, Meta, and Microsoft With Plans To Boost Spending on AI

Key Takeaways Amazon said it expects to spend over $100 billion in capital expenditures this year, with the "vast majority" going to AI for Amazon Web Services.The company is the latest Big Tech firm to announce it's boosting expected AI infrastructure spending this year.

NBC Los Angeles · 1d

Amazon plans to spend $100 billion this year to capture ‘once in a lifetime opportunity' in AI

Amazon CEO Andy Jassy speaks during a keynote address at AWS re:Invent 2024, a conference hosted by Amazon Web Services, at The Venetian Las Vegas on December 3, 2024 in Las Vegas, Nevada. Amazon said it plans to boost capital expenditures to $100 billion in 2025,

Amazon Reports Strong Earnings for Q4

The Associated Press on MSN · 1d

Amazon reports strong earnings for Q4, but stocks dip due to guidance for the 1st 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 to 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.

The Motley Fool on MSN · 22h

Is Amazon still a top growth stock after its Q4 report?

With sales growth slowing and AI investments weighing on near-term profits, do investors have better stocks to consider buying than Amazon? The post Is Amazon still a top growth stock after its Q4 report?

uk.investing.com on MSN · 1d

Amazon reports better-than-expected Q4 results, but soft revenue guidance weighs

Investing.com - Amazon.com reported softer revenue guidance for the current quarter on Thursday, offsetting fourth-quarter results that beat analysts' forecasts as the tech giant's cloud growth met expectations and growth in North America improved.

1don MSN

Amazon Q4 Ad Revenue Climbs 18% but Misses Wall Street Estimates, Total Profit Hits $20 Billion in Holiday Shopping Period

Amazon reported $17.3 billion in advertising sales for Q4 2024, an increase of 18% -- which fell short of Wall Street ...

Legit on MSN1d

Amazon profits double, but cautious outlook disappoints

E-commerce giant Amazon reported Thursday its fourth-quarter net income nearly doubled to $20 billion, driven by strong ...

8d

Big Retailers Find Big Profits Imitating Amazon’s Ad Business

Amazon may have started in retail, but its biggest profits now come from advertising and cloud computing, with rivals ramping ...

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