Amazon stock slips as a gloomy outlook overshadows strong earnings
Amazon beat Wall Street’s expectations for the fourth quarter, driven by strong cloud growth, AI investments, and a robust holiday shopping season. However, the company issued a gloomy outlook for the first quarter, prompting its stock to drop by about 2% in after-hours trading. Read more...
Amazon beat Wall Street’s expectations for the fourth quarter, driven by strong cloud growth, AI investments, and a robust holiday shopping season. However, the company issued a gloomy outlook for the first quarter, prompting its stock to drop by about 2% in after-hours trading.
