Amazon (AMZN) stock was trading around 2.8% lower in premarket on Friday as jitters persist about its latest set of results.
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First-quarter outlook was also slightly better than we expected.
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The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
Amazon (AMZN) delivered earnings and revenue surprises of 22.37% and 0.28%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?
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Amazon announces a surprise hardware event for February 26th, fueling speculation about new Alexa devices, AI-powered robots, and more.