Amazon cloud revenue and AI push offset weak Q2 retail outlook [Yahoo! Finance]
Amazon.com, Inc. (AMZN)
Last amazon.com, inc. earnings: 4/30 04:01 pm
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Source: Yahoo! Finance
On the retail side, Amazon's second quarter outlook fell below expectations. The company projected its net sales to land between $144 billion and $149 billion, falling short of the Street's estimate of $150 billion. Despite the projected dip in consumer spending, Brad Smith and Seana Smith emphasize the growth of AWS and AI innovations that offset Amazon's lackluster e-commerce and retail performance. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Melanie Riehl
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AMZN
Earnings
- 4/30/24 - Beat
AMZN
Sec Filings
- 5/15/24 - Form 144
- 5/14/24 - Form 8-K
- 5/14/24 - Form PX14A6G
- AMZN's page on the SEC website