Shares rise as company reports quarterly revenue of $158.9bn – more than analysts had forecast
Amazon.com Inc AMZN reported third-quarter financial results after the market close Thursday.
Amazon topped Wall Street estimates in the third quarter, posting an 11% rise in revenue compared with the year-ago quarter and diluted earnings per share of $1.43. The earnings figure came in well ab
Shares of Amazon jumped more than 5% in after-hours trading Thursday after the e-commerce giant reported third-quarter earnings that beat Wall Street expectations.
Amazon's online advertising business jumped 19% year-over-year to $14.3 billion in the third-quarter. Amazon said that its overall third-quarter sales were $158.9 billion.
Amazon topped estimates for its third quarter earnings, reporting $158.

Amazon.com beats estimates for quarterly revenue

04:05pm, Thursday, 31'st Oct 2024
Amazon.com beat market estimates for quarterly revenue on Thursday, boosted by strong growth in its cloud services unit thanks to growing enterprise spend on AI.
Amazon stock is lower ahead of a crucial third quarter report as investors digest results from Microsoft, Google and Meta. The post Amazon Stock Slips Ahead Of Earnings On Cloud Concerns After Microso
Bethesda, MD, Oct. 31, 2024 (GLOBE NEWSWIRE) -- The Association of Public Health Laboratories (APHL) and Ruvos are pleased to announce their selection as winners of the prestigious 2024 Amazon Web Ser

What You Need To Know Ahead of Amazon's Earnings

02:10pm, Thursday, 31'st Oct 2024
UPDATE—Oct. 31, 2024: This article has been updated to reflect more recent analyst estimates and share price information.
Apple and Amazon's upcoming Q3 2024 earnings reports are in the spotlight. Market participants are concerned about rising AI capital expenditures impacting profit margins. Can Amazon rebound from a di
Shenzhen, China, Oct. 31, 2024 (GLOBE NEWSWIRE) -- As global demand for smart home technology continues to grow,  3i , a major driver in the smart home industry, is set to make a significant impact o
CNBC's Steve Kovach joins 'Money Movers' to discuss big tech's AI spending.
With Amazon's (AMZN) earnings, Daniel Newman expects to see strong cloud revenue growth after Microsoft (MSFT) and Meta Platforms (META) flexed A.I. strength. As for Apple (AAPL), the company needs to

Amazon set to report Q3 earnings after the bell

12:00pm, Thursday, 31'st Oct 2024
Amazon is set to report third-quarter earnings results Thursday. Wall Street has cheered Amazon CEO Andy Jassy's cost-cutting efforts, with the company's shares up about 23% year to date.
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