Amazon Reports Strong Cloud Unit Sales on Rising AI Demand [Yahoo! Finance]
Amazon.com, Inc. (AMZN)
Last amazon.com, inc. earnings: 4/30 04:01 pm
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Source: Yahoo! Finance
from a slump as businesses resume spending on technology projects, including artificial intelligence services. Most Read from Bloomberg Tesla Axes Most of Supercharger Team in Blow to Other Automakers Traders Expect Biggest Fed-Day Move in S&P Since 2023, Citi Says Wall Street Hit by Fed Jitters to Close Wild April: Markets Wrap Pot Stocks Surge on Report DEA Set to Reclassify Marijuana HSBC CEO Quinn Unexpectedly Steps Down After Almost 5 Years Despite the strong cloud performance, the company's sales forecast for the current quarter fell short of estimates, reflecting concern about the main e-commerce business as consumers continue to spend cautiously. Chief Executive Officer Andy Jassy in recent years has cut costs and focused on profitability in Amazon's online shopping business, laying off thousands of people and touting a more efficient warehouse network. At the same time, he's backed big investments in artificial intelligence services that Amazon expects to gene
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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