All articles tagged with #amazon earnings
Amazon's latest earnings report shows strong Q3 results with revenue beats, ongoing investments in AWS and AI, and significant layoffs, while investors focus on its AI ambitions, AWS growth, and holiday sales outlook.
Dow Jones futures declined sharply due to global tariff hikes by Trump and mixed earnings reports from Amazon and Apple, amid a volatile market rally that saw record highs fade and economic data influence investor sentiment, with upcoming jobs report and tariff decisions expected to impact market direction.
Amazon is set to report its Q2 earnings, with expectations of $162 billion in sales and $1.33 EPS, focusing on AWS, AI, and tariff impacts on e-commerce. Analysts highlight AWS as a key growth driver, with potential updates on Prime Day and tariff strategies. UBS and Bank of America are optimistic about Amazon's valuation and future prospects, emphasizing AI investments and cloud infrastructure expansion.