Amazon stock drops on gloomy outlook despite strong earnings ...Middle East

Quartz - Economy
Amazon stock drops on gloomy outlook despite strong earnings
source : Quartz ( Middle East ) () 71

Amazon beat Wall Street’s expectations for the fourth quarter, driven by strong cloud growth, AI investments, and a robust holiday shopping season. However, the company issued a gloomy outlook for the first quarter, prompting its stock to drop by about 2% in after-hours trading.

Read more...

    Read More Details
    Finally We wish PressBee provided you with enough information of ( Amazon stock drops on gloomy outlook despite strong earnings )

    Also on site :

    Most viewed in Economy
    Trump’s ‘Buoyant’ Trade Warrior Flexes His Power Over Global Business
    The New York Times - before 7 hours & 40 minute
    Muse Health Welcomes MediDrive as Exclusive Transportation Partner for the Oasis Care Navigation Platform
    PR Newswire - before 3 hours & 57 minute
    Volta Labs, Inc. Launches Access Program to Support Academic Researchers Amid Budget Cuts
    PR Newswire - before 7 hours & 24 minute
    Hexaware Delivers Strong Q1CY25 Revenue at $371.5 Mn Up 12.4% YoY
    PR Newswire - before 5 hours & 27 minute
    Hikvision zverejňuje finančné výsledky za celý rok 2024 a za prvý štvrťrok 2025
    PR Newswire - before 6 hours & 53 minute
    Treasury Secretary Bessent says it's up to China to de-escalate trade tensions
    CNBC - before 11 hour & 37 minute
    Tariff Wars Impact Copper Prices and Market Stability
    OILPRICE - before 5 hours & 49 minute
    Global military spending in largest surge since Cold War – research
    Russia Today - before 5 hours & 38 minute
    World Bank Warns of Economic Downturn in Eurasia
    OILPRICE - before 6 hours & 40 minute
    Libyan General Gunned Down at Home Amid Growing Destabilization
    OILPRICE - before 8 hours & 20 minute
    Trump Urges Putin to End Ukraine War
    OILPRICE - before 9 hours & 39 minute
    Ottocast Introduces New-Gen Android Car Box NanoAI, Anchors New Era of Vehicle Intelligence
    PR Newswire - before 7 hours & 40 minute


    Latest News

    Inside Trump’s Hardball Strategy to Control Global Oil Prices

    before 46 minute

    House price momentum cooling but sales growth expected across 2025 – Zoopla

    before hour & 27 minute

    LG Energy Solution Establishes Battery Recycling Joint Venture with Derichebourg

    before hour & 43 minute

    Summer Earnings Could Burn Oil Giants

    before hour & 48 minute

    Emeren Group Ltd Announces Appointment of Financial Advisor and Legal Counsel to the Special Committee

    before 2 hours & 17 minute

    ICANN DNS Forum in Hanoi: Führende Köpfe treffen sich, um das mehrsprachige Internet zu gestalten

    before 2 hours & 33 minute

    Cheap Crude Tests U.S. Shale’s Breaking Point

    before 2 hours & 38 minute

    EDXM Global Establishes Board of Directors with Senior Leaders from Citadel and Virtu Financial

    before 2 hours & 48 minute

    China insists no tariff talks underway with Trump and Xi or top aides, despite U.S. claims

    before 3 hours & 5 minute

    A tariff loophole is about to close. Here’s how it's hitting online shopping

    before 3 hours & 35 minute

    LILYSILK feiert den Muttertag mit einem gefühlvollen Film und einer exklusiven Geschenkkollektion

    before 3 hours & 37 minute

    Suriname's Oil Industry Poised for Significant Growth

    before 3 hours & 44 minute

    Muse Health Welcomes MediDrive as Exclusive Transportation Partner for the Oasis Care Navigation Platform

    before 3 hours & 57 minute

    Trump pushed out AI experts despite saying he wants to advance AI

    before 4 hours & 11 minute

    SEABOARD CORPORATION REPORT OF EARNINGS AND DIVIDEND DECLARATION

    before 4 hours & 31 minute