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Stockreport

Amazon sales surge as company trains focus on artificial intelligence [Yahoo! Finance]

Amazon.com, Inc. (AMZN)  More Company Research Source: Yahoo! Finance
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Revenue rose 13% to reach $143.3 billion, an all-time high in the January-to-March period, and profit surged to $10.4 billion. Both figures exceeded Wall Street expectations. Amazon CEO Andy Jassy has significantly reoriented the company to focus on AI innovations since falling behind Microsoft, Google and other peers in the space. Earlier this month, in his annual letter to shareholders, he laid out his vision for how generative AI could be a critical building block in establishing Amazon's next pillar of growth following its online retail Marketplace, Amazon Prime and its cloud-computing unit, Amazon Web Services. AMAZON Q IS THE MOST CAPABLE AI ASSISTANT OUT THERE: MAI-LAN TOMSEN BUKOVEC Sales in the Amazon Web Services cloud-computing arm, a critically important profit center for the company, increased more than 17% in the first quarter to about $25 billion. The division's operating profit rose nearly 84%. Jassy said AWS's AI capabilities are reaccelerating that business' [Read more]

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Stockreport

Amazon sales surge as company trains focus on artificial intelligence [Yahoo! Finance]

Amazon.com, Inc.  (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Revenue rose 13% to reach $143.3 billion, an all-time high in the January-to-March period, and profit surged to $10.4 billion. Both figures exceeded Wall Street expectations. Amazon CEO Andy Jassy has significantly reoriented the company to focus on AI innovations since falling behind Microsoft, Google and other peers in the space. Earlier this month, in his annual letter to shareholders, he laid out his vision for how generative AI could be a critical building block in establishing Amazon's next pillar of growth following its online retail Marketplace, Amazon Prime and its cloud-computing unit, Amazon Web Services. AMAZON Q IS THE MOST CAPABLE AI ASSISTANT OUT THERE: MAI-LAN TOMSEN BUKOVEC Sales in the Amazon Web Services cloud-computing arm, a critically important profit center for the company, increased more than 17% in the first quarter to about $25 billion. The division's operating profit rose nearly 84%. Jassy said AWS's AI capabilities are reaccelerating that business' [Read more]

IMPACT SNAPSHOT
EVENT TIME:
AMZN
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
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
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 (SHARES)
TICKS

AVG SHARES PER TRADE

EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS