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The record operating profit was just one highlight from a blockbuster fourth-quarter earnings report that sent Amazon shares up more than 8% in after-hours trading.
A bright spot of the report came from its cloud business, Amazon Web Services. AWS raked in $26.3 billion in revenue compared to the $26 billion expected and well above the $22.1 billion during ...
But a reality check will arrive in the next week, when Amazon reports its fourth-quarter financial results on February 6. ... Book excerpt: "Source Code: My Beginnings" by Bill Gates. News. News.
The stellar report helped offset lingering concerns about mounting capital expenditures. Amazon CEO Andy Jassy said on an earnings call Thursday that "as the market matures over time, they're ...
Amazon stock handily topped the S&P 500 and Nasdaq Composite over the last year, but even more gains could be in store thanks to the ongoing AI revolution. ... Image source: Getty Images. Amazon ...
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 ...
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Amazon (AMZN) stock reached a record high of $215.90 in November 2024. And with the holiday retail season upon us, investors may push that record even higher. Just how good of a year has Amazon...