Amazon cloud computing results fail to impress Amazon.com has forecast third-quarter sales above market estimates, but failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily beat Wall Street forecasts. Business • 01 Aug
Amazon cloud computing results fail to impress Amazon.com has forecast third-quarter sales above market estimates, but failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily beat Wall Street forecasts. Business • 01 Aug
Amazon's improving retail sales boost Q3 profit Amazon.com has posted third-quarter profit and sales above Wall Street estimates, helped by favourable retail sales, sending its shares up 5.7% after the closing bell. Business • 01 Nov 24
Amazon's improving retail sales boost Q3 profit Amazon.com has posted third-quarter profit and sales above Wall Street estimates, helped by favourable retail sales, sending its shares up 5.7% after the closing bell. Business • 01 Nov 24
Amazon forecasts revenue below Wall Street targets Amazon.com has reported slowing online sales growth in the second quarter and said cautious consumers were seeking out cheaper options for purchases, sending its shares down nearly 8%. Business • 02 Aug 24
Amazon forecasts revenue below Wall Street targets Amazon.com has reported slowing online sales growth in the second quarter and said cautious consumers were seeking out cheaper options for purchases, sending its shares down nearly 8%. Business • 02 Aug 24
Amazon posts AI-fueled cloud and ecommerce growth Amazon.com has beaten fourth-quarter revenue expectations as new generative AI features in its cloud and ecommerce businesses spurred robust growth during the critical Christmas period. Business • 02 Feb 24
Amazon posts AI-fueled cloud and ecommerce growth Amazon.com has beaten fourth-quarter revenue expectations as new generative AI features in its cloud and ecommerce businesses spurred robust growth during the critical Christmas period. Business • 02 Feb 24
Amazon says cloud stabilising, but shoppers cautious Amazon.com last night said growth in its cloud business is stabilising as it signed new deals, but warned that consumers remained wary about spending going into the key Christmas quarter. Business • 27 Oct 23
Amazon says cloud stabilising, but shoppers cautious Amazon.com last night said growth in its cloud business is stabilising as it signed new deals, but warned that consumers remained wary about spending going into the key Christmas quarter. Business • 27 Oct 23
Amazon cloud and ad revenue grows as shoppers cautious Online retail titan Amazon last night said its cloud and ads units helped it beat earnings expectations in the first quarter of this year despite shoppers and businesses being more careful about spending. Business • 28 Apr 23
Amazon cloud and ad revenue grows as shoppers cautious Online retail titan Amazon last night said its cloud and ads units helped it beat earnings expectations in the first quarter of this year despite shoppers and businesses being more careful about spending. Business • 28 Apr 23
Amazon's outlook disappoints as budgets stay tight Amazon.com said its operating profit could fall to zero in the current quarter as savings from layoffs do not make up for the financial impact of consumers and cloud customers clamping down on spending. Business • 03 Feb 23
Amazon's outlook disappoints as budgets stay tight Amazon.com said its operating profit could fall to zero in the current quarter as savings from layoffs do not make up for the financial impact of consumers and cloud customers clamping down on spending. Business • 03 Feb 23
Amazon predicts sales growth slowdown for final quarter Amazon.com has forecast a slowdown in sales growth for the Christmas season, disappointing Wall Street and warning that inflation-wary consumers and businesses had less money to spend. Business • 28 Oct 22
Amazon predicts sales growth slowdown for final quarter Amazon.com has forecast a slowdown in sales growth for the Christmas season, disappointing Wall Street and warning that inflation-wary consumers and businesses had less money to spend. Business • 28 Oct 22
Amazon CEO unveils plans for new 55,000 tech jobs Amazon.com is planning to hire 55,000 people for corporate and technology roles globally in the coming months, its chief executive Andy Jassy told Reuters. Business • 01 Sep 21
Amazon CEO unveils plans for new 55,000 tech jobs Amazon.com is planning to hire 55,000 people for corporate and technology roles globally in the coming months, its chief executive Andy Jassy told Reuters. Business • 01 Sep 21
Bezos leaves enduring legacy as he quits as Amazon CEO As he prepares to blast off into a new career stage, Jeff Bezos leaves an enduring legacy after transforming Amazon from a modest online bookseller into one of the world's most powerful corporations. Business • 05 Jul 21
Bezos leaves enduring legacy as he quits as Amazon CEO As he prepares to blast off into a new career stage, Jeff Bezos leaves an enduring legacy after transforming Amazon from a modest online bookseller into one of the world's most powerful corporations. Business • 05 Jul 21
Jeff Bezos to step down as CEO of Amazon this year Amazon founder Jeff Bezos said he would give up his role as chief executive of the tech and e-commerce giant this year. Business • 03 Feb 21
Jeff Bezos to step down as CEO of Amazon this year Amazon founder Jeff Bezos said he would give up his role as chief executive of the tech and e-commerce giant this year. Business • 03 Feb 21
