Stock market ends mostly up. Amazon drops after-hours on sales outlook. Jobs data due Fri
US stocks mostly rose on Thursday as investors look at earnings. Amazon issues weak sales outlook after the close. Monthly jobs data due Friday.
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.
After hours movers: Amazon drops, Affirm shoots higher after quarterly results, outlooks
Amazon (NASDAQ:AMZN) late Thursday added its financial results to the batch from Magnificent Seven companies, and investors pulled its shares lower, while stock in buy-now, pay-later lender Affirm Holdings (NASDAQ:AFRM) soared.
Amazon Earnings: Shares Fall After Sales Outlook Is Weaker Than Expected
Amazon.com shares slipped Thursday after it projected weaker-than-expected sales for the first quarter, even as it spent a record amount on capital expenditure to build infrastructure for artificial-intelligence services.
Amazon slips after sales outlook misses expectations
The Seattle-based group’s fourth-quarter revenues — which includes the holiday shopping season — rose 10 per cent year on year to $187.8bn, Amazon said in on Thursday. Revenue came in above analysts’ expectations in a Visible Alpha survey of $187bn.
Amazon stock slips as a gloomy outlook overshadows strong earnings
Amazon beat Wall Street’s expectations for the fourth quarter, driven by strong cloud growth, AI investments, and a robust holiday shopping season. However, the company issued a gloomy outlook for the first quarter,
Amazon's cloud business faces crucial test after rivals Microsoft, Google stumble
The pressure is on Amazon.com to deliver on lofty expectations for cloud computing in its fourth-quarter results on Thursday.
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Amazon’s Fight With Unions Heads to Its Grocery Aisles
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Shein, Temu, Amazon Haul set for price hikes as US shuts trade loophole
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Amazon wants to spend $100 billion this year for ‘once in a lifetime' AI opportunity
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