U.S. stock futures were poised for losses on Friday, after Amazon.com Inc. added to a batch of disappointing results from big names in the tech sector. Investors were also waiting Read more
Tag: Amazon
‘Pretty much Google 2.0’ — Amazon price targets reduced by analysts, though they say the long-term story is intact
Analysts downgraded their price targets for Amazon.com after it reported missing its third quarter sales expectations alongside a weak sales forecast for the upcoming festive season. Amazon AMZN, -4.06% stock Read more
Opinion: The cloud boom has hit its stormiest moment yet, and it is costing investors billions
The cloud boom has finally reached a resting altitude, but Wall Street is doing anything but resting. Amazon.com Inc. AMZN, -4.06%, the original pioneer in cloud computing, confirmed Thursday what Read more
Amazon misses on holiday forecast and cloud growth, profit; stock plunges 20%
Amazon.com Inc. predicted Thursday that holiday sales and profit would come in well lower than analysts expected as cloud growth slowed and AWS profit missed expectations by nearly $1 billion, Read more
Amazon misses on holiday forecast and cloud growth, profit; stock plunges nearly 20%
Amazon.com Inc. showed its first quarterly profit of the year Thursday, but predicted that holiday sales and profit would come in well lower than analysts expected while cloud growth slowed, Read more
U.S. stock futures mixed after Meta shocker, as traders nervously await Apple and Amazon results
U.S. stock-index futures were trading mixed on Thursday after Meta Platforms Inc. became the latest tech giant to release disappointing results and traders nervously awaited earnings from Apple and Amazon. Read more
Here’s what’s coming to Amazon’s Prime Video in November 2022
Amazon’s Prime Video has a star-studded lineup of originals coming in November, along with a solid slate of older movies. The big new series of the month is the Western Read more
Amazon earnings: ‘The good news is the consumer is still spending. The bad news is they’re not spending on e-commerce.’
Money is still flowing despite concerns about the economy, but Wall Street is wondering how much of that money is being spent on Amazon.com Inc. “The good news is the Read more
Amazon is proving it’s a contender to land NBA rights
Amazon AMZN, +2.54% is off to a strong start with the NFL’s “Thursday Night Football.” Given its early success, the e-commerce giant is making the case that it can take Read more
Consumers pull back on online shopping. Here are the biggest discounts this holiday season — and exactly when to buy them.
American consumers are tightening their purse strings this holiday season. Online holiday sales are expected to rise by just 2.5% to $209.7 billion this year, the slowest rate of growth Read more