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The market gave Amazon (NASDAQ: AMZN) a nice round of applause last week when it reported phenomenal third-quarter earnings. It's hard to believe that only two years ago, it lost half of its value, ...
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CEO Andy Jassy acknowledged that Amazon must sacrifice short-term profits by spending heavily on AI infrastructure that may pay off big later.
The e-commerce giant's management is "encouraged by the start of the holiday season," its CFO said on the earnings call.
Amazon’s (AMZN) third-quarter results came in above Wall Street’s estimates thanks to strong growth in its cloud and ...
We believe Amazon is financially sound. Revenue is growing rapidly, margins are expanding, the company has unrivaled scale, and the balance sheet is in great shape. In our view, the marketplace will ...
Amazon reported a boost in its quarterly profits Thursday and exceeded revenue estimates, sending the company’s stock up in ...