Reported 1 day ago
Amazon announced strong Q4 earnings with a revenue of $187.8 billion and profits of $20 billion, surpassing analysts' expectations. However, its stock dipped due to a cautious outlook for Q1, predicting revenue between $151 billion and $155.5 billion, lower than forecasts. Continued investments in AI and cloud computing, alongside rising online shopping trends, contrast with potential challenges from new tariffs impacting its retail operations.
Source: YAHOO