AMZN

Amazon.com Inc. projected lackluster revenue in the current quarter, worrying investors that the company's main e-commerce business has stalled and sales ...

Amazon Web Services is losing its luster with slowing growth and shrinking profit margins after a stellar run during the pandemic. The shares fell in extended trading. [Amazon.com Inc.](/quote/AMZN:US) tempered a recent feel-good period for investors by reporting that consumer demand remains soft and sales in its lucrative cloud-computing division will continue to slow through the year.

One day after Federal Reserve Chair Jerome Powell charged up markets by saying any future interest rate hikes would depend on economic data, an admiss.

Gold price (XAU/USD) nosedived to near $1,912.00 after a blockbuster recovery move from the US Dollar Index (DXY) on Thursday. Stocks are on the front-foot despite warnings from the ECB and BoE that we could be due another set of rate hikes. Algorand price is displaying bullish technicals that could be the start of a much larger upswing. The author makes no representations as to the accuracy, completeness, or suitability of this information. The major currency pair has turned sideways ahead of the United States Nonfarm Payrolls (NFP) data, which will release on Friday. The author will not be held responsible for information that is found at the end of links posted on this page. The author has not received compensation for writing this article, other than from FXStreet. Amazon stock has rallied up to the top of the demand zone that worked well as support during the May through July period of 2022. Support sits nearby at $92.50 in the case of a major miss. It also does not guarantee that this information is of a timely nature. Expect healthier margins to lead to a larger uptick in the AMZN share price afterhours. AWS makes up about 16% of Amazon revenue at last check but produces a much greater share of the company's profits.

AMZN earnings call for the period ending December 31, 2022. Logo of jester cap with thought bubble. Image source: The Motley Fool. Amazon.com (AMZN ...

We're going to be very thoughtful about how we streamline our costs, and I think you see a lot of that, but we're also going to continue to invest for the long term. And so if you look at -- in the early part of 2022, I think we realized that as we tried to make sure we met the surge in demand for consumers and sellers and having to make decisions in 2020 for what fulfillment network investments we're going to make in 2022, we just had more capacity than we needed. And as we got into the early part of the summer, where we start our operating planning process, we -- and there was a lot of things happening in the macro economy, we started that process with the high-level tenet of we want to find a way to meaningfully streamline our costs in all of our businesses, not just their existing large businesses, but also in some of the investments we're making. If you think about the value of Prime, which is less than what I just mentioned, where you get the entertainment content on the Prime Video side and you get the shipping benefit, the fast shipping benefit you can't find elsewhere and you get the music benefit, you get the Prime Gaming benefit and you get the photos benefit and you get the Buy with Prime capability, use your Prime subscription on websites beyond just Amazon and some of the grocery benefits that we provide, and RxPass like we just launched to get a number of medications people take regularly for $5 a month unlimited, that is remarkable value that you just don't find elsewhere. And I think that if you look at the last couple of years with things like the pandemic and the labor shortage in 2021 and the war in Ukraine and inflation and uncertain economy, good leadership teams look around and try to figure out what that means and how they should adjust their businesses. And the reality is that the way that we've built all our businesses, but AWS in this particular instance, is that we're going to help our customers find a way to spend less money. I think -- and I've spent a fair bit of time with the AWS team on this, and we look closely at what we see. I'm pleased with the progress we made in Q4, and you can see that in some of the results. And then I think at the same time, if you think about doubling the number of fulfillment centers you have and then adding a very large transportation network and you realize that all of those facilities have to link together to get products to customers, that's a pretty big expansion in the number of nodes in the network. But if you think about the aisles in a grocery store, from packaged food to paper products to canned goods to pet supplies to health and personal care items to consumables, we have a very large business there that continues to grow at a rapid clip and then we think will continue to grow. We entered the quarter with labor more appropriately matched to demand across our operations network compared to Q4 of last year, allowing us to have the right labor in the right place at the right time and drive productivity gains. As you listen to today's conference call, we encourage you to have our press release in front of you, which includes our financial results as well as metrics and commentary on the quarter.