Amazon stock price has pulled back in the past few months, moving from a high of $258 in November to the current $230.
These are two of the most dominant companies the world has ever seen.
Amazon saw an increase in profit this quarter. The company reported a 13% increase in net sales to $167.7 billion in Q2, up from $148 billion during the same quarter last year, according to Business ...
Amazon delivered strong earnings and double-digit revenue growth, but shares dipped after-hours due to cautious guidance and slower AWS growth. AWS remains a core strength, achieving 17% YoY growth ...
Amazon reported first-quarter profit that rose above expectations, and the e-commerce and cloud giant also topped sales forecasts. Net income jumped 64.2% from a year ago to $17.13 billion, and ...
Amazon‘s (AMZN) AWS outage on Oct. 20 disrupted global services but was resolved quickly. Major apps, financial platforms, and airlines were affected, with issues lingering all day. Despite its cloud ...
Another boost for Amazon investors, their operating income margin on AWS last quarter was 33%. That number jumped to 34.7% this quarter. So it’s not just higher revenue than expected, its also better ...