Ecommerce titan Amazon on Tuesday said profit in the first three months of 2024 tripled as its cloud, ads, and retail businesses thrived.Amazon shares were up about one percent in after-market trades that followed release of the earnings figures, with Wall Street keeping a close eye on the impact of AI as well as costs involved. It was a good start to the year across the business, Amazon chief executive Andy Jassy said in an earnings release.The Seattle-based company reported $10.4 billion in...
Although it was closely watched for the manner in which it handled its artificial intelligence (AI) investments, Amazon dropped a stunner of a Q1 earnings report Tuesday (April 30), driven by a big spike in its North American operations. Its overall, global operating income grew from $4.8 billion in Q1 2023 to $15.3 billion in 2024. […]
Amazon today reported a strong first quarter of 2024, with its advertising business demonstrating impressive growth. Advertising revenue jumped 24% year-over-year to $11.82 billion.
Amazon's ad unit keeps surging. That business grew to $11.8 billion, representing 8% of its total revenue. Amazon reported net sales of $143.3 billion during the first quarter of 2024, up 13% compared to the same three-month period last year. Year over year, Amazon's ad segment increased 24%, outpacing Google, but falling behind Meta for the first time in several quarters. “It was a good start to the year across the business, and you can see that in both our customer experience...
Good ol' Apple EarPods. They're traditionally among the most unloved Apple products of all time, especially now you don't even get them for free with the iPhone. Thankfully, if you need a pair of emergency earphones with a built-in mic for placing calls, you can get a set of Apple EarPods – not to be confused with AirPods – dirt cheap. Amazon is selling the Apple AirPods (USB-C) for just £14, which is a fiver (or 26%) off the £19 asking price. Apple EarPods are now...
SEATTLE, April 30, 2024--Amazon.com, Inc. (NASDAQ: AMZN) today announced
Amazon reports first-quarter results after the bell Tuesday, with analysts expecting increases in net sales and profit. Investors will also likely be looking for updates on the rollout of ads on Prime Video, insights into Amazon's AI plans, and whether Amazon will announce a dividend.
Amazon (AMZN) will report its first quarter earnings alongside other tech giants like Apple (AAPL) this week. Creative Strategies CEO and Principal Analyst Ben Bajarin joins Market Domination to discuss Amazon's upcoming earnings and why investors should pay attention to how Amazon Web Services performs. On what to expect with AWS, Bajarin states: "Everybody is going to be looking at cloud growth for AWS. Right now, it's super trendy to talk about CapEx, everyone wants to see what the...
Starting an Amazon business? This is how to avoid the three mistakes I commonly see as an Amazon consultant and what to do instead.
The extension is needed to meet growing pupil numbers
Explore how Amazon, one of the world's largest retailers, is impacting the environment through specific actions.
As of April 26, you can score up to 29% off Logitech mice, keyboards, and more at Amazon.