Amazon Quarterly Earnings
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Amazon Records $3.2 Billion in Quarterly Profits as Revenue Climbs 9 Percent on Back of Cloud, Ads Units
Online retail titan Amazon on Thursday reported that 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.
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Google, Apple Disappoint As Tech Earnings Hit, Amazon Beats Expectations
Google and Apple on Thursday reported downbeat results for the last quarter of 2022 as Amazon beat expectations, but warned that the coming months would be uncertain in a difficult moment for Big Tech.
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Amazon Records Greatest Single-Day Surge in Value With $190 Billion Gain
Amazon gained a whopping $190 Billion on Friday, recording the company’s biggest single-day gain of 13.5 percent, following a blockbuster quarterly earnings report.
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Stocks To Watch: Bharti Airtel, Tata Power, Infosys, Bajaj Finserv
Asian shares and U.S. stock futures slipped, as Amazon and Apple quarterly earnings bucked a recent strong trend and growth and inflation fears continued to weigh.
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Microsoft Sees Steady Cloud Services Growth After Record Quarterly Profit
Microsoft posted its most profitable quarter, beating Wall Street expectations for revenue and earnings, as PC sales declines stemming from a global chip shortage were more than made up for by a boom in cloud services.
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Amazon Sees COVID-19 Boosting Holiday Sales After Record Profit in 2 Consecutive Quarters
Amazon forecast a further increase in holiday sales due to the COVID-19 pandemic and some extra spending on delivery infrastructure. The San-Francisco company earned $6.3 billion in its second consecutive quarter of record profits.
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Amazon, Alphabet, Facebook Post Strong Profits Amid Pandemic; Apple Sees Dip Due to Weak iPhone Sales
Big Tech powerhouses delivered robust quarterly earnings reports, leveraging the needs of pandemic-hit consumers amid heightened scrutiny of their economic power.
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Big Tech Firms See Robust Results in Pandemic-Hit Quarter
Big Tech firms delivered robust Q2 results, underscoring growing consumer reliance on giants like Amazon during the pandemic as well as their extraordinary economic power — the subject of a heated US congressional hearing a day earlier.
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Big Tech Firms Post Robust Results In COVID-19-Hit Quarter
The results from Apple, Amazon, Facebook and Google parent Alphabet were largely better than expected.
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Amazon Says Biggest Impact of Coronavirus on Its Business Globally Has Been in India
Amazon has seen the biggest impact of the COVID-19 spread on its business internationally in India, Chief Financial Officer (CFO) Brian Olsavsky has said during its first quarter earnings call.
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Amazon Warns Coronavirus Expenses Could Make It Post First Quarterly Loss in Five Years
Amazon.com on Thursday said it could post its first quarterly loss in five years even as revenue surges because it is spending at least $4 billion in response to the coronavirus pandemic, including plans to test its workforce for COVID-19.
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Amazon January-March Profit Falls 29%, Jeff Bezos Says COVID-19 Expenses To Impact June Quarter
The e-commerce leader has been prioritizing "essential items" such as household staples and medical supplies, while working to stem price-gouging from third-party sellers.
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Spotify Paid Music Subscribers Rise to 130 Million, Beats Quarterly Estimates
"We are fortunate that as a business we are able to operate with very little disruption and our hope is that providing music, information, and an escape for many can provide some joy and comfort," the company said in a statement.
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Amazon Soars to $1 Trillion Value as It Hits 150 Million Prime Members
Amazon.com on Thursday posted holiday quarter results well above expectations as the expansion of its one-day shipping program came under budget and membership in its Prime loyalty club notched a 50 percent rise in two years.
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Amid Drama Over Flipkart's Binny Bansal, Walmart Investors Await Results
The news was embarrassing for Walmart given the $16 billion bet the company has placed on this money-losing business, but shareholders largely shrugged it off, as the stock fell less than 1 per cent on a day broader markets also declined.
-
Amazon Records $3.2 Billion in Quarterly Profits as Revenue Climbs 9 Percent on Back of Cloud, Ads Units
Online retail titan Amazon on Thursday reported that 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.
-
Google, Apple Disappoint As Tech Earnings Hit, Amazon Beats Expectations
Google and Apple on Thursday reported downbeat results for the last quarter of 2022 as Amazon beat expectations, but warned that the coming months would be uncertain in a difficult moment for Big Tech.
-
Amazon Records Greatest Single-Day Surge in Value With $190 Billion Gain
Amazon gained a whopping $190 Billion on Friday, recording the company’s biggest single-day gain of 13.5 percent, following a blockbuster quarterly earnings report.
-
Stocks To Watch: Bharti Airtel, Tata Power, Infosys, Bajaj Finserv
Asian shares and U.S. stock futures slipped, as Amazon and Apple quarterly earnings bucked a recent strong trend and growth and inflation fears continued to weigh.
-
Microsoft Sees Steady Cloud Services Growth After Record Quarterly Profit
Microsoft posted its most profitable quarter, beating Wall Street expectations for revenue and earnings, as PC sales declines stemming from a global chip shortage were more than made up for by a boom in cloud services.
-
Amazon Sees COVID-19 Boosting Holiday Sales After Record Profit in 2 Consecutive Quarters
Amazon forecast a further increase in holiday sales due to the COVID-19 pandemic and some extra spending on delivery infrastructure. The San-Francisco company earned $6.3 billion in its second consecutive quarter of record profits.
-
Amazon, Alphabet, Facebook Post Strong Profits Amid Pandemic; Apple Sees Dip Due to Weak iPhone Sales
Big Tech powerhouses delivered robust quarterly earnings reports, leveraging the needs of pandemic-hit consumers amid heightened scrutiny of their economic power.
-
Big Tech Firms See Robust Results in Pandemic-Hit Quarter
Big Tech firms delivered robust Q2 results, underscoring growing consumer reliance on giants like Amazon during the pandemic as well as their extraordinary economic power — the subject of a heated US congressional hearing a day earlier.
-
Big Tech Firms Post Robust Results In COVID-19-Hit Quarter
The results from Apple, Amazon, Facebook and Google parent Alphabet were largely better than expected.
-
Amazon Says Biggest Impact of Coronavirus on Its Business Globally Has Been in India
Amazon has seen the biggest impact of the COVID-19 spread on its business internationally in India, Chief Financial Officer (CFO) Brian Olsavsky has said during its first quarter earnings call.
-
Amazon Warns Coronavirus Expenses Could Make It Post First Quarterly Loss in Five Years
Amazon.com on Thursday said it could post its first quarterly loss in five years even as revenue surges because it is spending at least $4 billion in response to the coronavirus pandemic, including plans to test its workforce for COVID-19.
-
Amazon January-March Profit Falls 29%, Jeff Bezos Says COVID-19 Expenses To Impact June Quarter
The e-commerce leader has been prioritizing "essential items" such as household staples and medical supplies, while working to stem price-gouging from third-party sellers.
-
Spotify Paid Music Subscribers Rise to 130 Million, Beats Quarterly Estimates
"We are fortunate that as a business we are able to operate with very little disruption and our hope is that providing music, information, and an escape for many can provide some joy and comfort," the company said in a statement.
-
Amazon Soars to $1 Trillion Value as It Hits 150 Million Prime Members
Amazon.com on Thursday posted holiday quarter results well above expectations as the expansion of its one-day shipping program came under budget and membership in its Prime loyalty club notched a 50 percent rise in two years.
-
Amid Drama Over Flipkart's Binny Bansal, Walmart Investors Await Results
The news was embarrassing for Walmart given the $16 billion bet the company has placed on this money-losing business, but shareholders largely shrugged it off, as the stock fell less than 1 per cent on a day broader markets also declined.
