Reported about 11 hours ago
Amazon is set to report its fourth quarter earnings on Thursday, with a positive outlook on its e-commerce performance following a strong holiday season. Analyst Arun Sundaram emphasizes the significance of Amazon Web Services (AWS), with expectations of steady growth of 19% in Q4, especially in light of recent misses from competitors like Alphabet and Microsoft. However, investor attention may shift if capital expenditures exceed expectations, risking negative reactions in the stock market.
Source: YAHOO