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Amazon Beats Q2 Expectations

Variety on MSN · 2d

Amazon Beats Q2 Expectations as Revenue Rises 13% to Nearly $168 Billion

Looking at specific segments, Amazon says North America sales increased 11% year-over-year to $100.1 billion; international revenue rose 16% to $36.8 billion (or increased 11% excluding changes in foreign exchange rates); and AWS (Amazon Web Services) sales jumped 17.5% to $30.9 billion.

4 key takeaways from Amazon's Q2 earnings

From the question of where Amazon is in the AI race to forecasts for the next quarter, here are four key takeaways from the Q2 earnings call.

Barron's on MSN · 1d

Amazon Earnings Beat Expectations. Why the Stock Is Falling.

Amazon.com reported solid second-quarter earnings that beat expectations Thursday afternoon.Earnings rose to $1.68 a share versus Wall Street’s consensus estimate of $1.33, according to FactSet, and were up from $1.

Amazon Falls

Reuters on MSN · 1d

Amazon tumbles after cloud computing growth disappoints investors

Amazon.com shares AMZN.O fell 7% on Friday as the tech giant's results fanned investor fears its cloud unit was falling behind Microsoft and Alphabet in the artificial intelligence race.

Hosted on MSN · 1d

Amazon slides after cloud computing growth underwhelms investors

(Reuters) -Amazon.com shares dropped nearly 8% before the bell on Friday, after growth in its cloud computing unit failed to impress investors, in contrast to the robust gains reported by AI-focused rivals Alphabet and Microsoft.

Bloomberg on MSN · 1d

Amazon Falls as Profit Outlook, Cloud Growth Spook Investors

Amazon.com Inc. dropped after projecting weaker-than-expected operating income and trailing the sales growth of its cloud rivals, leaving investors searching for signs that the company’s huge investments in artificial intelligence are paying off.

8hon MSN

Amazon is selling a 'lightweight' $80 collapsible wagon for $40 that's 'sturdy and very useful'

The $80 Syocyo Collapsible Wagon is on sale at Amazon for $40, and it's worthy of being the next car trunk essential.

2d

Amazon Reports Strong Retail Demand, but Says Future Is Less Clear

Consumers spent more than expected on the e-commerce giant’s site, while margins tightened at the company’s all-important ...

12h

Back-to-school deals on Amazon boast retro '90s style

From Lisa Frank stickers to Trapper Keepers and scented markers, shop nostalgic back-to-school deals at Amazon for kids and ...

2d

Amazon has a rare deal on the Apple Watch Ultra 2 Titanium for a limited time

The fanciest Apple Watch in the lineup offers the best health and fitness tracking on the market at the moment.

12hon MSN

An Amazon seller doing 7 figures says one strategic addition has doubled her profit

"Coaches are hard to find. But when you do find it, it levels your business up," says top Amazon seller Lisa Harrington.

2d

Amazon’s New ‘War of the Worlds’ Features a Head-Scratching Twist

Ice Cube fights an alien invasion from behind a computer in Rich Lee's screen-set take on the H.G. Wells classic.

1don MSN

Amazon CEO wants to put ads in your Alexa+ conversations

Andy Jassy's description of an AI-generated ad that Alexa+ delivers in a multistep conversation, which could help users find ...

2d

How Amazon Ads became a $56 billion powerhouse and why it’s just getting started

This new business isn't just an additional revenue stream. It's a strategic opportunity, and it could significantly reshape ...

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