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Amazon stock falls more than 3% ahead of 3rd-quarter earnings report Markets Insider Amazon fell as much as 3.9% on Thursday and was trading 3.5% lower as of 3:25 p.m. in New York.
It sees $104 billion in capital expenditures this year, well above analyst forecasts at the time of $80 billion to $85 billion. And lastly, Amazon Web Services (AWS) sales cooled a touch to a 19% ...
Amazon stock pops after Q3 earnings beat. Hamza Shaban. ... Analysts had forecast $186.36 billion in revenue for the quarter. Meanwhile, Amazon said operating income is expected to be between $16 ...
However, the company's sales outlook for the current three months is below forecasts. Shares declined almost 4% in after-hours trading. Investors were also waiting to hear comments from the ...
The outlook for the current quarter also surpassed forecasts, with the company estimating an upper range of $143.5 billion. ... The price of Amazon stock is shown on a screen at the Nasdaq ...
The firm maintained a buy rating on the stock and a one-year price target of $225 per share, which would represent upside of roughly 21% based on Amazon's closing price of $186.41 per share today.
Amazon (NASDAQ: AMZN) has been one of the biggest winners since the start of this millennium and has delivered stellar returns for long-term investors. On the other hand, the e-commerce and cloud ...
The beat was driven by a 16% jump in Amazon Web Services (AWS) revenue, which Amazon said is on course to generate $100 billion annually. The company reported adjusted earnings per share of $0.98 ...