Amazon Projects Profit that Underwhelms on Expense of AI Race

Amazon projects profit that underwhelms on expense of AI race

Amazon’s operating income guidance fell short of analysts’ estimates amid concerns the tech giant is spending too much to keep up with competitors in the AI race.

Amazon Slides On Soft Profit Guidance, Declining AWS Margins

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Shares In Amazon Slide On Profit Concerns

Shares in Amazon fell by around 7% in after-hours trading last night after the e-commerce giant posted underwhelming projections for the third quarter due to concerns about the impact of Donald Trump’s tariff policies and high spending on artificial intelligence (more…) The post Shares In Amazon Slide On Profit Concerns appeared first on KamCity.

Amazon cautions over profits amid tariff uncertainty - Retail Gazette

Amazon has warned it might not hit market expectations on its operating income, over fears President Trump’s tariffs will impact its ecommerce operations. The business saw sales rise 13.3% year on year to £126.9bn, surpassing Wall Street forecasts on revenues. Amazon Web Services revenues hit £23.4bn year on year, rising 17.5%. Despite this, Amazon cautioned it might not meet expectations regarding its operating income. The ecommerce giant repor…

Amazon Reports Strong Retail Demand, but Says Future Is Less Clear

Amazon Reports Strong Retail Demand, but Says Future Is Less Clear Consumers spent more than expected on the e-commerce giant’s site, while margins tightened at the company’s all-important cloud computing division. By Karen Weise, NY Times  Despite uncertainty over President Trump’s trade war, Amazon on Thursday reported surprising resilience among the consumers who drive its retail business. But […] Source

Gloomy guidance and increased cloud competition weigh on Amazon's stock, despite solid earnings beat - SiliconANGLE

Shares of Amazon.com Inc. were trading more than 6% lower after-hours today, after the e-commerce and cloud computing infrastructure giant could only offer light guidance for the current quarter. The decline came in the wake of some fairly decent numbers from Amazon as it posted its second-quarter financial results, beating Wall Street’s targets on earnings […] The post Gloomy guidance and increased cloud competition weigh on Amazon’s stock, des…