Amazon (AMZN) reported mixed second quarter earnings on Thursday, August 1, as well as disappointing guidance for the third quarter. Wolfe Research global internet managing director Shweta Khajuria jo
Amazon (AMZN) shares tumbled Friday, a day after the company posted second-quarter revenue that missed estimates and the company's guidance for the third quarter fell short of what analysts had expect
Amazon, risking Wall Street's displeasure, told investors that profits for now will take a back seat to heavy spending on artificial intelligence. The shares fell.

Mag 7 Earnings: Apple vs Amazon

02:34pm, Friday, 02'nd Aug 2024
Apple (AAPL) swayed investors in earnings despite lower iPhone sales, while Amazon (AMZN) didn't quite reach the sky-high bar set for the company. Kevin Green joins Jenny Horne and Alex Coffey to comp
Amazon's (AMZN) second-quarter results benefit from a solid momentum in AWS. Strength in Prime contributes well.
Shares of Amazon.com Inc. have fallen Friday below a widely followed long-term trend tracker, to flash a warning that a downtrend may have started.
Big Tech executives admit they're spending a lot, maybe too much, on AI. But Meta and Alphabet leaders say the big spending is necessary to stay competitive.
Amazon's CFO said political events and the Olympics are distracting people from spending. While it sounds like an excuse, there might be some truth to his predictions for the rest of 2024.
Warren Buffett's Berkshire Hathaway (NYSE: BRK.A) has made a significant move by reducing its stake in Bank of America (NYSE: BAC) for the first time since 2019.
Like other tech giants, Amazon (AMZN) failed to impress investors with its second-quarter 2024 results. The online behemoth outpaced earnings estimates but lagged on revenues.
Amazon.com, Inc.'s strong focus on third-party merchants and advertising, to compete with Shopify, Google, and Meta, has stalled in growth. Revenue expectations were missed in the first half of the ye
Gil Luria, D.A. Davidson, joins 'Squawk on the Street' to discuss Amazon's quarterly earnings results, what could be an ongoing expense for the company, and more.

Why Amazon Stock Was Taking a Dive Today

11:15am, Friday, 02'nd Aug 2024
Amazon's results were decent, but guidance was short of expectations. The company is seeing some cautiousness from consumers.
Amazon.com Inc (NASDAQ:AMZN) is falling sharply on the charts today, following the company's lower-than-expected second-quarter revenue and disappointing current-quarter forecast.
It's been a good last 12 months for Amazon (NASDAQ: AMZN ) stock. During this period, the tech and e-commerce stock has surged by 40%.
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