Amazon Reports Strong Earnings for Q4

Amazon reports strong earnings for Q4, but stocks dip due to guidance for the 1st quarter
The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, a 10% jump compared to the same period in 2023. Profits came out to $20 billion while earnings per share reached $1.86, higher than the $1.49 that analysts surveyed by FactSet had anticipated.
Amazon to report Q4 earnings with cloud revenue, AI spending in focus
Amazon is the world's largest cloud provider and, like Microsoft and Google, is furiously investing in building out its AI infrastructure capabilities to meet demand. In Q3, CEO Andy Jassy told shareholders the company planned to spend $75 billion on capital expenditures in 2024, and even more in 2025.
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Amazon reports better-than-expected Q4 results, but soft revenue guidance weighs
Investing.com - Amazon.com reported softer revenue guidance for the current quarter on Thursday, offsetting fourth-quarter results that beat analysts' forecasts as the tech giant's cloud growth met expectations and growth in North America improved.
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Amazon (AMZN) AWS Q4 2024 revenues grew 19% to $28.8 billion from Q4 2023
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