Amazon's outlook underwhelms as tech giant forecasts 'lumpy' cloud growth in years ahead
Overall revenue for Amazon's latest quarter came in at $187.8 billion, while the FactSet consensus was for $187.3 billion. The company saw a 10% boost in North America sales, to $115.6 billion, and an ...
Amazon Earnings: Shares Fall After Sales Outlook Is Weaker Than Expected
The company plans to allocate a record amount to capital expenditures to build artificial-intelligence infrastructure.