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Why Amazon (AMZN) Stock Is Trading Lower Today
What Happened? Shares of cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) fell 7.1% in the afternoon session after the company reported underwhelming fourth-quarter results: its revenue and operating income guidance for the next quarter both fell short of Wall Street's estimates.
Why Amazon Stock Is Sinking Today
Amazon (NASDAQ: AMZN) stock is slipping in Friday's trading. The tech giant's share price was down 4.1% as of 2:30 p.m. ET. Meanwhile, the S&P 500 (SNPINDEX: ^GSPC) was down 1%, and the Nasdaq Composite (NASDAQINDEX: ^IXIC) was down 1.
Amazon Is the Worst Dow Stock After Earnings. Here's Why
Amazon stock is at the bottom of the Dow Friday as the e-commerce giant's soft outlook offsets a fourth-quarter beat. This is what you need to know.
Buy, Sell or Hold Amazon Stock at $230
Amazon (NASDAQ:AMZN) is one of the last mega-cap tech titans to pull the curtain on its quarterly numbers. And to wrap up what's been a rather muted earnings season for the Magnificent Seven, Amazon failed to impress with sluggish fourth-quarter growth numbers and a downbeat sales forecast.
6h
Amazon’s quarterly profits soar to a record $20 billion, but cloud growth comes up short
Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the ...
23h
on MSN
Amazon set to pass Walmart in revenue for first time
Walmart, which is often dubbed the world’s biggest retailer in reference to its revenue, still leads the way when it comes to ...
4d
on MSN
Tariffs' toll on Amazon e-commerce: Here's what to know
CNBC's Megan Casella joins 'Closing Bell Overtime' with breaking news on tariffs. CNBC's Kate Rooney joins 'Squawk Box' to ...
3d
on MSN
Amazon, King of Online Retail, Can’t Seem to Make Its Physical Stores Work
The e-commerce giant is closing more of its convenience stores. “I don’t think they really understand retail,” a consultant ...
1d
on MSN
Amazon Q4 Ad Revenue Climbs 18% but Misses Wall Street Estimates, Total Profit Hits $20 Billion in Holiday Shopping Period
Amazon reported $17.3 billion in advertising sales for Q4 2024, an increase of 18% -- which fell short of Wall Street ...
1d
on MSN
Amazon reports strong earnings for Q4, but stocks dip due to guidance for the 1st quarter
The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, ...
2h
Amazon Stock Drops After Softer-Than-Expected Sales Outlook
Amazon shares fell after the e-commerce and cloud company's sales outlook missed analysts' expectations. Some key figures for last quarter: Earnings came in at $1.86 a share, about 25% above analyst ...
1d
on MSN
Amazon on pace for $100B+ in yearly capex; Jassy expects cost efficiencies to drive AI demand
Amazon CEO Andy Jassy says the trends represented by DeepSeek should stoke AI demand long-term. (GeekWire File Photo / Taylor ...
2d
on MSN
3 Reasons to Buy Amazon Stock Like There's No Tomorrow
In general, Amazon's approach is to be everything to everyone rather than striving for a niche audience, and it has released ...
inc42
4h
Amazon India Extends MoU With DGFT To Enable Ecommerce Exports
Ecommerce major Amazon India said it has extended its MoU with the DGFT to accelerate ecommerce exports from India.
devdiscourse
12h
Amazon and DGFT Boost Indian E-commerce Exports
Amazon and DGFT have extended their collaboration to enhance e-commerce exports from India. The partnership will provide ...
1d
on MSN
'Most Successful Yet for Amazon': Walmart Has Topped the S&P 500 for 12 Years. This Month, Another E-Commerce Giant Is Expected to Take Its Crown.
Walmart may have generated the most revenue of any other company in the S&P 500 for the past 12 consecutive years, but ...
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