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Amazon's Stock Takes a Hit Despite Robust Cloud Growth and Q4 Sales Concerns

Technology News

Amazon's Stock Takes a Hit Despite Robust Cloud Growth and Q4 Sales Concerns

Amazon slides on light Q4 sales estimates, high cash burn

The Straits Times

Amazon slides on light Q4 sales estimates, high cash burn

Amazon shares fall on weak Q4 sales forecast and high cash burn as AWS revenue rises 39% and ad sales miss estimates.

Amazon cloud business accelerates but shares drop on profit miss

Brand Equity

Amazon cloud business accelerates but shares drop on profit miss

Amazon experienced a notable decline of over seven percent in its shares following the release of its quarterly earnings, which failed to meet analyst forecasts. The tech giant reported a total...

Amazon Stock Drops on Wall Street Miss, Despite Biggest Cloud Growth in Years

The Wall Street Journal

Amazon Stock Drops on Wall Street Miss, Despite Biggest Cloud Growth in Years

The online behemoth’s net income topped $20 billion for the third quarter, but free cash flow plunged.

Amazon slides on light Q4 sales estimates, high cash burn

The Business Times

Amazon slides on light Q4 sales estimates, high cash burn

It has burned roughly US$20 billion above estimates on a trailing 12-month basis in the September quarter Read more at The Business Times.

Amazon Stock Slides After Q3 Earnings Miss

Investor's Business Daily

Amazon Stock Slides After Q3 Earnings Miss

Amazon stock slid after the tech giant reported third quarter results late Thursday.

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