Your email has been successfully added to our mailing list.

×
0.00115005898037429 0.000178068631849657 0.00431952510884344 0.0143613517975212 0.0390576825728351 0.0740493351197219 0.0602470721706721 0.0602470721706721
Stock impact report

Amazon reports increased 1Q profits and net sales fueled by cloud computing demand [BNN Bloomberg (Canada)]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: BNN Bloomberg
The e-commerce and technology company said that sales in its cloud computing unit were up 28 per cent in the January-March period, the fastest increase in 15 quarters. Amazon Web Services had 24 per cent sales growth in the fourth quarter, which followed the division's 20 per cent growth in the third quarter. The Seattle-based company also offered a bullish outlook for net sales in the current quarter, surpassing analysts' estimates. However, shares slid nearly 2 per cent in after-hours trading. Investors were closely watching Amazon's quarterly earnings to see if the company's $200 billion investment in artificial intelligence, robots, semiconductors and satellites is starting to pay off. The planned expenditure for the year marked a 60 per cent increase from Amazon's $128 billion in capital spending last year and spooked investors, sending the stock down 11 per cent in after-hours trading when it was announced in February. CEO Andy Jassy defended the spending during the previ Show less Read more
Impact Snapshot
Event Time:
AMZN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for AMZN alerts
Opt-in for
AMZN alerts

from News Quantified
Opt-in for
AMZN alerts

from News Quantified