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Amazon earnings primer: Why AI and tariffs are key to the second quarter
The Deutsche analysts said it's "become abundantly clear" that Amazon has gained a greater share of the U.S. e-commerce market in the face of diminished competition from ultra-cheap Chinese online retailers Shein and Temu, which is owned by PDD Holdings.
Amazon shares tumbled in extended trading Thursday despite better-than-projected earnings. Investors may have been looking for more in the wake of Microsoft's blowout results.
Amazon's stock sank on Thursday afternoon, weighed down by mixed guidance and AI competition, though the company beat Q2 ...
Amazon reported earnings Thursday afternoon in the wake of upbeat cloud results from its major rivals that suggested healthy ...
For the last reported quarter, it was expected that Amazon would post earnings of $1.52 per share when it actually produced earnings of $1.86, delivering a surprise of +22.37%.
Amazon brought in $155.7 billion in revenue and $1.59 earnings per share ($17.1 billion net income), beating consensus analyst estimates of $155.1 billion in revenue and $1.37 earnings per share ...
Amazon will look to extend its long streak of beats on earnings per share when the results arrive on Thursday afternoon. The company has exceeded bottom-line expectations by a double-digit percentage ...
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