1.9 C
Ottawa
Thursday, April 17, 2025
Economy

Amazon crushed it in e-commerce and cloud, forecast an impressive holiday quarter

By: Blythe Lanz

Date:

Amazon parcels are prepared for delivery at Amazon’s Robotic Fulfillment Centre on December 19, 2023 in Sutton Coldfield, England. 

Thank you for reading this post, don't forget to subscribe!

Nathan Stirk | Getty Images News | Getty Images

Amazon reported a much better-than-expected third quarter Thursday, with strong growth across online sales, its cloud business and advertising. Margin initiatives lead to soaring profits. Additionally, the fourth-quarter forecast was exactly what was needed to keep investors happy.

know more

Previous article
Amazon CEO pledges AI investments will pay off as capital expenditures surge 81%
Next article
Rams QB Matthew Stafford lists 2 neighboring L.A. homes, asking a total of $12.5 million

Popular

More like this
Related

Is the stock market open on Good Friday? Does the post office deliver mail?

Jeanice Coby -
Please enable JS and disable any ad blockerknow more

The day before Good Friday is often a great day for the stock market. Will that be true again this year?

Jeanice Coby -
Please enable JS and disable any ad blockerknow more

Why was Ruben Amorim stupid enough to say yes to Manchester United?

Becki Geddes -
Spurs deserved their first 1-0 Premier League win in almost 500 days and Djed Spence is a revelation. But Manchester United and Ruben Amorim are a shambles. 1) Perhaps it was inevitable that Tottenham’s first 1-0 Premier League win in 498 days should in no way resemble such a scoreline. A ludicrous amount of water

Powell indicates tariffs could pose a challenge for the Fed between controlling inflation and boosting growth

Sharie Stoval -
U.S. Federal Reserve Chair Jerome Powell holds a press...

About us

We’re dedicated to providing you the latest news, with an emphasis on Credibility, Transparency, speed. When John first started out, his passion for deliver news and make it accessible to everyone drove them to start their own business.

Company

The latest

Is the stock market open on Good Friday? Does the post office deliver mail?

Economy 0
Please enable JS and disable any ad blockerknow more

The day before Good Friday is often a great day for the stock market. Will that be true again this year?

Economy 0
Please enable JS and disable any ad blockerknow more

Why was Ruben Amorim stupid enough to say yes to Manchester United?

Sport 0
Spurs deserved their first 1-0 Premier League win in almost 500 days and Djed Spence is a revelation. But Manchester United and Ruben Amorim are a shambles. 1) Perhaps it was inevitable that Tottenham’s first 1-0 Premier League win in 498 days should in no way resemble such a scoreline. A ludicrous amount of water

© canada24 2023-2024 all rights reserverd