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Amazon earnings beat across board

Amazon earnings recap: Stock falls on murky guidance and AI competition despite Q2 earnings beat

Amazon's stock sank on Thursday afternoon, weighed down by mixed guidance and AI competition, though the company beat Q2 earnings expectations.

Fortune on MSN · 13h

Amazon earnings beat across the board, but shares fall as investors fret about trade headwinds

With headcount inching up to 1.55 million, CEO Andy Jassy said "AI progress across the board continues to improve our customer experiences, speed of innovation, operational efficiency, and business growth,

Barron's on MSN · 14h

Amazon Earnings Beat Expectations. The Stock Is Falling.

The analyst consensus is for earnings per share of $1.33, up from $1.26 last year, on sales of $162 billion, up 10%..

Amazon Falls

Bloomberg on MSN · 1h

Amazon Falls After Profit Guidance, Cloud Growth Spook Investors

Amazon.com Inc. dropped in late trading after projecting weaker-than-expected operating income and trailing the sales growth of its cloud rivals, leaving investors searching for signs that the company’s huge investments in artificial intelligence are paying off.

The Wall Street Journal on MSN · 14h

Amazon Shares Fall Because Cloud Unit’s Growth Wasn’t Enough for Wall Street

The e-commerce giant’s quarterly sales results beat expectations, but shares dropped 7% because its cloud computing arm’s growth wasn’t as strong as rivals’.

Reuters · 4h

Amazon shares drop after cloud unit results disappoint

Amazon shares fell 7% on Friday in Europe after the company delivered an upbeat outlook for third-quarter sales, but missed expectations for its cloud computing unit, after its competitors easily beat Wall Street forecasts.

AI, Amazon and Fable

Mashable on MSN · 18h

Amazon invests in 'Netflix of AI' startup that lets you make your own shows

The company behind the new Showrunner platform is best known as the creators of the AI-generated 'South Park' knockoffs.

Variety on MSN · 1d

Amazon Invests in ‘Netflix of AI' Start-Up Fable, Which Launches Showrunner: A Tool for User-Directed TV Shows

Edward Saatchi isn’t totally sure people will flock to Showrunner, the new AI-generated TV show service his company is launching publicly this week. But he has a vote of confidence from Amazon, which has invested in Fable,

TheWrap on MSN · 1d

Amazon Invests in Fable, Company Behind ‘Netflix of AI’ Streaming Platform

Fable CEO Edward Saatchi says artificial intelligence will allow fans to create new shows and edit existing content — and help cinema remain the "dominant art form" going forward

11h

Amazon projects quarterly revenue above market estimates

Amazon.com forecast current-quarter revenue above market estimates on Thursday, encouraged by solid retail business despite ...

13d

Amazon CEO sparks backlash after announcing major company shift in mass email: 'Should change the way our work is done'

CBS News reported that Amazon CEO Andy Jassy told employees in a memo that the company plans to lean heavily on generative AI ...

14h

Amazon racks up a big beat on operating income — but don't get too excited

Amazon turned in a far better operating-income performance than analysts were modeling, despite challenges related to tariffs. But the company's outlook on the metric came up short at the midpoint.

Amazon still the online retailer of choice as cloud business faces competition

Amazon will seek to reassure investors on Thursday that its cloud business, a critical driver of profits, is growing at a ...

ConsumerAffairs7d

Amazon acquires a wearable company whose product is always listening

Amazon has reached a deal to acquire Bee, a San Francisco–based AI wearables startup known for its $49.99 “Bee” bracelet that ...

1don MSN

This Company Could Be the Amazon of Artificial Intelligence (AI) Infrastructure

Artificial intelligence (AI) infrastructure investments are on the rise, and one Nvidia partner is uniquely positioned to take advantage of the trend.

Amazon buys land in Nevada for new delivery station, adding 100 jobs to state

The project is part of Amazon’s plans to expand its delivery network in locations such as Elko County and northeast Nevada while also providing employment opportunities for rural residents. The ...