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Amazon dips after cloud growth disappoints investors
(Reuters) -Amazon.com shares fell 4% on Friday after the technology heavyweight's quarterly cloud computing revenue growth disappointed investors waiting for a bigger payoff from heavy spending on AI.
Amazon’s outlook underwhelms as tech giant forecasts ‘lumpy’ cloud growth in years ahead
Amazon shares slid after the online-retail and cloud-services giant offered a first-quarter outlook that came up short of Wall Street’s expectations while forecasting bumpy trends in its cloud business.
Amazon Shares Drop as Weak Cloud Growth and Disappointing Forecasts Concern Investors
Amazon (NASDAQ:AMZN) shares fell over 4% in extended trading on Thursday, wiping out nearly $90 billion in market value. The decline followed weaker-than-expected revenue forecasts and sluggish cloud growth in Amazon
Amazon shares drop as cloud growth, sales forecast lag
Amazon.com investors drove shares down sharply on Thursday due to weakness in the retailer's cloud computing unit and lower-than-expected forecasts for first-quarter revenue and profit.
Amazon’s stock drops as earnings outlook underwhelms, cloud growth will be ‘lumpy’
The company called out an ‘unusually large, unfavorable impact’ from currency, which is expected to hit first-quarter results.
7h
on MSN
Amazon Is the Worst Dow Stock After Earnings. Here's Why
Amazon stock is at the bottom of the Dow Friday as the e-commerce giant's soft outlook offsets a fourth-quarter beat. This is ...
11h
Amazon.com price target raised to $255 from $240 at Goldman Sachs
Goldman Sachs analyst Eric Sheridan raised the firm’s price target on Amazon.com (AMZN) to $255 from $240 and keeps a Buy rating on the shares.
8h
on MSN
Amazon joins Google, Microsoft in cloud weakness, shares slide
(Reuters) -Amazon.com shares fell 2% on Friday after the tech giant reported lackluster cloud revenue growth, amplifying ...
2h
on MSN
Amazon shares fall on struggle to keep up with AI demand despite plans for $100B in capital spending
Amazon’s chief executive had predicted the company would spend more in 2025 than the roughly $83 billion it spent last year.
The Financial Express
12h
Amazon shares fall 2.5% in pre-market. 2 reasons why Nasdaq-listed AMZN stock is falling…
Amazon (AMZN) listed on Nasdaq closed at $238.83 on Thursday, almost 1.13% higher than previous day’s close. However, in the ...
3h
Amazon Q4: Cost Optimization And Margin Expansion Continue
FY25 revenue growth guidance of 5%-9% is impacted by FX and extra sales days in the previous year. Click for my AMZN stock ...
5d
Amazon Stock Crushed the Market in 2024. Can It Repeat in 2025?
Shares of Amazon (NASDAQ: AMZN) were up 44% in 2024, handily outpacing the 23% return for the S&P 500. Over the last 20 years ...
2d
on MSN
What Analysts Think of Amazon Stock Ahead of Earnings
Amazon is slated to report its fourth-quarter results after the market closes Thursday, with analysts overwhelmingly bullish on the tech titan's stock.
17h
Amazon Q4 2024 Earnings Update
Amazon faced ~900 Mn FX headwind in 4Q’24 which was ~700 mn higher than assumed. For the third consecutive quarter, AWS grew ...
13d
3 Reasons Amazon Is 1 of the Best Artificial Intelligence (AI) Stocks to Buy Right Now
The S&P 500 index hit a new all-time high over 50 times in 2024, and many companies' valuations are very high. However, ...
7d
UPS Stock Falls After Amazon Business Cut
The company said it has reached an agreement with its largest customer to lower volumes by 50 percent, sparking a sell-off.
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