Amazon Sales Surge as Company Focuses on AI
The company reported record first-quarter sales as the AI boom powered growth in its cloud-computing unit, helping Amazon continue to shake off last year’s postpandemic slump.
Amazon reports $10.4 billion profit in first quarter of 2024
Amazon reported $10.4 billion in profit for the first three months of the year, marking another quarter of growth that surpassed the start of 2023. In its first-quarter financial results, released Tuesday afternoon,
Amazon Web Services (AWS) had over $25 billion in Q1 2024 sales
Amazon (AMZN) reported its Q1 2024 earnings results today, and included in the report were sales numbers for Amazon Web Services (AWS). The company reported year-over-year growth for AWS with $25 billion in sales for Q1 2024.
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.
Amazon: Q1 Earnings Snapshot
The average estimate of 15 analysts surveyed by Zacks Investment Research was for earnings of 83 cents per share. The online retailer posted revenue of $143.31 billion in the period, also exceeding Street forecasts.
Amazon reports $143.3B in revenue for 1st quarter of 2024
SEATTLE >> Amazon reported its highest first-quarter profit on Tuesday as it continued to wring efficiencies out of its retail business and recharge growth in its cloud computing operations.
Texas A&M's Mike Elko chooses words carefully when it comes to UT, focuses on building top program
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Documentary focuses on man behind a cruelly bizarre 1990s Japanese reality show
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Gretna Comprehensive Plan focuses on balancing city's biggest priorities
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New movie focuses on migrants crossing the Southern Arizona desert
A film being screened at the University of Arizona on Wednesday night tackles the topic of migrants crossing the southern ...
Sandburg graduate Jon Pereiro, hired as Naperville North athletic director, focuses on ‘what sports can be’
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Development in cancer treatment focuses on re-educating cells to combat resistance
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UC study on diabetes medication focuses on how long blood sugar control can be maintained
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In battle against Russia, US focuses on Moldova
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