E-commerce giant Amazon reported on Thursday its fourth-quarter (Q4) net income nearly doubled to $20 billion, driven by strong holiday sales, but its outlook for the coming quarter came in less than ...
Amazon has turned in better-than-expected Q4 2024 earnings results, driven by strong performances in AWS and international markets, though high capital expenses loom.
Astoria Portfolio Advisors CEO John Davi warns the S&P 500 index tilts too far in favor of the so-called Magnificent Seven stocks: Apple, Microsoft, Nvidia, Amazon, Meta Platforms, Alphabet and Tesla.
FRANKFURT (Reuters) - A German court ruled on Friday that Amazon has violated a video streaming patent owned by Finnish network equipment maker Nokia. The court in the western city of Duesseldorf ...
LONDON (Reuters) - Amazon shares fell 4% in Frankfurt on Friday a day after the retailer's results showed weakness in its cloud computing unit and it forecast and lower-than-expected first-quarter ...