5 E-commerce Stocks Poised to Beat Earnings Estimates in Q1 [Yahoo! Finance]
Amazon.com, Inc. (AMZN)
Last amazon.com, inc. earnings: 4/30 04:01 pm
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Source: Yahoo! Finance
According to a report by the Commerce Department, retail sales were $709.6 billion in March 2024, growing 0.7% month over month, primarily driven by the solid momentum in e-commerce. Per the report, online retail sales grew 2.7% sequentially in March. E-commerce stocks have been gaining from the increasing popularity and convenience of online shopping. Further, solid momentum across online grocery shopping is expected to have continued fueling online retail sales in the quarter under review. Ultra-fast and door-to-door delivery of orders, including groceries, healthcare goods, merchandise, beauty products, electronics, toys and essential items, is constantly driving customer momentum of e-commerce companies. Great offers and huge discounts across various product categories available on multiple e-commerce sites are anticipated to have continued to attract customers to online shopping. Additionally, the impacts of the growing proliferation of Internet use and online payment ap
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AMZN
News
- New FTC transcript reveals juicy details on how Jeff Bezos and other top Amazon execs used disappearing messages [Business Insider]Business Insider
- New Florida resident Jeff Bezos pumped $60 million into making lab-grown meat taste better. Ron DeSantis just banned it from the state [Fortune]Fortune
- Amazon CEO Violated Labor Laws with Anti-Union Comments, NLRB Rules [Yahoo! Finance]Yahoo! Finance
- Cloud revenue accelerates 21% to $76 billion for the latest earnings cycle [TechCrunch]TechCrunch
- Cloud revenue accelerates 21% to $76 billion for the latest earnings cycle [Yahoo! Finance]Yahoo! Finance
AMZN
Earnings
- 4/30/24 - Beat
AMZN
Sec Filings
- 5/3/24 - Form 4
- 5/3/24 - Form DEFA14A
- 5/3/24 - Form 8-K
- AMZN's page on the SEC website