Amazon Stock Up 2% On AI-Driven Growth, Despite Weak Forecast
Amazon CEO Andy Jassy has significantly reoriented the company to focus on AI innovations since falling behind Microsoft, Google and other peers in the space.
Amazon Posts Strongest Cloud Sales Growth in a Year on AI Demand
Amazon.com Inc.’s cloud unit posted the strongest sales growth in a year, a sign that the retailer’s most profitable unit is recovering from a slump as businesses resume spending on technology projects,
Amazon stock rises as Q1 earnings top estimates with $143.3B in revenue; AWS sales up 17%
Amazon topped estimates for its first quarter earnings, reporting $143.3 billion in revenue, up 13% year-over-year, and earnings per share of $0.98. Analysts expected Q1 revenue of $142.7 billion and earnings per share of $0.83.
Amazon’s Buy Rating: Sustained Growth and Profitability Through Strategic High-Margin Ventures
In a report released today, Laura Martin from Needham maintained a Buy rating on Amazon (AMZN – Research Report), with a price target of
Amazon Stock Jumps on Strong Growth for AWS
Amazon.com posted better-than-expected first-quarter financial results, driven by strong growth in the company’s AWS cloud computing business and impressive advertising demand. Shares were up 4.5% in after-hours trading Tuesday to $182.
Amazon (AMZN) Q1 Earnings and Revenues Top Estimates
Amazon (AMZN) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.31 per share a year ago. These figures are adjusted for non-recurring items.
Buy Rating Affirmed for Amazon on Strong Q1 Performance and Growth Prospects
Canaccord Genuity analyst Michael Graham maintained a Buy rating on Amazon (AMZN – Research Report) yesterday and set a price target of
Amazon Stock Gains On Earnings Beat, Strong Cloud Growth
Amazon stock got a boost late Tuesday, after the e-commerce behemoth reported Q1 earnings and sales that beat expectations.
Amazon Q1 Preview: All eyes on AWS growth, generative AI
Amazon.com (AMZN) is set to report its first-quarter results, with investors focusing on Amazon Web Services (AWS) sales growth. Read more here.
Amazon-backed Anthropic launches iPhone app and business tier to compete with OpenAI's ChatGPT
The generative AI startup is the company behind Claude, one of the chatbots that, like OpenAI's ChatGPT and Google's Gemini, ...
Amazon Offers its "Q" AI Assistant to Business Users
Looking beyond e-commerce storefronts, Amazon's AI system is aimed at all businesses, and can even write code to support them ...
Amazon earnings cheered as ‘objectively excellent’ — with any blemishes mere ‘nitpicks’
Morton was encouraged by the accelerating growth in Amazon’s AWS cloud-computing business, driven in part by artificial ...
Amazon reports $10.4 billion profit in first quarter of 2024
In its first-quarter financial results, released Tuesday afternoon, Amazon reported $143 billion in revenue, $10.4 billion in ...
Tons of gaming monitors are on sale at Amazon right now
There are a ton of gaming monitors on sale at Amazon right now. Here are our favorite gaming monitor deals as of May 1: ...
Amazon earnings results: AMZN stock rallies after hours from AI-fueled AWS growth, Q1 sales and profit beats
Amazon reported quarterly earnings today, April 30, beating sales and revenue projections. AMZN shares rose 3% in after-hours ...
Amazon is the everything-plus-AI store
Amazon.com is known as the everything store, but investors have thought the description falls flat when it comes to ...
Utah cat with a fondness for cardboard takes surprise trip to California in an Amazon box
A 6-year-old house cat from Utah likes hiding and playing with cardboard. The combination of the two made for a stressful ...