Amazon's Earnings Beat Expectations but Stock Declines Amid Cloud Growth Concerns
TL;DR Summary
Amazon CEO Andy Jassy expressed excitement about starting work on the next James Bond film, directed by Denis Villeneuve, after acquiring full creative control of the franchise through its acquisition of MGM. The announcement coincides with Amazon's strong Q2 financial results, including revenue growth and new Prime Video content initiatives, despite challenges in its AWS cloud segment. The new Bond film will be the first since 2021's 'No Time to Die'.
- Amazon “Cannot Wait To Get Started On 007’s Next Adventure” Says CEO Andy Jassy Deadline
- Amazon's gloomy earnings forecast overshadows better-than-expected results CNBC
- Amazon's stock wavers after earnings. Was AWS cloud growth enough? MarketWatch
- Amazon Falls After Profit Guidance, Cloud Growth Spook Investors Bloomberg
- Amazon Earnings Beat Expectations. Why the Stock Is Falling. Barron's
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