Reported about 15 hours ago
Amazon is set to announce its third-quarter earnings, with traders predicting a stock movement of around 6% in either direction by the week's end. As the company faces challenges from increased tariffs and cautious consumers while investing heavily in cloud infrastructure for AI, its stock has underperformed this year, showing only a 5% increase. Investors will be keen on cost-cutting strategies and cloud growth during the earnings call.
Source: YAHOO