AMZN) stock

2023 - 2 - 2

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Image courtesy of "Investor's Business Daily"

No Silver Lining In Amazon's Cloud Business As Results Fail To Excite (Investor's Business Daily)

AMZN stock fell after the e-commerce giant reported fourth-quarter results late Thursday that beat on revenue but missed on earnings.

[Is Amazon Stock Overvalued?](https://www.investors.com/research/options/is-amazon-stock-overvalued-this-put-can-deliver-on-continued-weakness/) [Looking For Market Insights? Analysts expected Amazon to report earnings of 17 cents a share on revenue of $145.7 billion. The company expects first-quarter revenue in the range of $121 billion to $126 billion, or to grow between 4% and 8%. But Amazon gave an outlook that fell short of expectations. In January, Amazon confirmed it's laying off 18,000 workers, the largest cutback in its 28-year history. AMZN stock dropped in late trading.

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Image courtesy of "CNBC"

Amazon beats on fourth-quarter revenue but provides light guidance (CNBC)

Amazon beat revenue expectations for the fourth quarter, but it gave light sales guidance for the first quarter.

[missed estimates](https://www.cnbc.com/2023/02/02/amazon-aws-earnings-q4-2022.html) for the fourth quarter, reflecting a [slowdown](https://www.cnbc.com/2022/12/03/aws-faces-cost-sensitive-customers-at-reinvent-as-economic-fears-mount.html) in business spending. [Advertising revenue](https://www.cnbc.com/2023/02/02/amazons-advertising-business-grew-19percent-unlike-google-meta.html) jumped 19% from a year earlier (23% excluding changes in foreign exchange rates), [again outpacing](https://www.cnbc.com/2023/02/02/amazons-advertising-business-grew-19percent-unlike-google-meta.html) online ad companies like Google, Facebook and Snap. The company has also instituted a hiring freeze in its corporate ranks, cut some projects and paused warehouse expansion in an effort to tame rising expenses. In January, Amazon [said](https://www.cnbc.com/2023/01/18/amazon-set-to-begin-new-round-of-layoffs-affecting-over-18000-people.html) it's eliminating 18,000 jobs among its corporate workforce, after cutting a number of employees [last November](https://www.cnbc.com/2022/11/17/amazon-is-looking-to-trim-headcount-through-a-voluntary-buyout-program.html). The pandemic-fueled e-commerce boom has also fizzled out since shoppers have increasingly returned to brick and mortar retailers. The e-retailer said it expects to post first-quarter revenue between $121 billion and $126 billion, representing year-over-year growth of 4% to 8%. Amazon closed out its slowest year of growth in its quarter century as a public company. On Wednesday, Facebook parent Meta topped estimates and gave an optimistic outlook on its expenses. The stock slid after hours, erasing most its rally from the regular trading day. Analysts were expecting $125.1 billion, according to Refinitiv. The company has been contending with slowing sales as rising gas and food prices forced consumers to pull back discretionary spending. Here are the key numbers:

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Image courtesy of "Motley Fool"

Why Amazon Stock Jumped 23% in January (Motley Fool)

Shares of Amazon (AMZN 7.38%) surged last month as it rode a broader recovery in tech stocks and made a number of operational announcements that seemed to ...

Analysts expect just 6% top-line growth and a steep drop in profits, which could give the company a low bar to jump over, but it also shows the challenges Amazon is facing. Amazon also announced that it would open its Buy with Prime program to any eligible sellers in the U.S. With today's gains, the stock is up roughly 40% since its bottom last December, showing a dramatic shift in sentiment toward Amazon stock. The Buy with Prime program allows online retailers on platforms outside of Amazon to add the Prime badge to listings and offer Prime members free shipping and returns. As for the company itself, there were several news items that seemed to drive the stock higher. Inflation continued to cool off, and investors anticipated that the Federal Reserve would continue to slow its interest rate hikes, which it did on Feb.

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Image courtesy of "Bloomberg"

Amazon Projects Lackluster Sales on Slower Cloud Unit Growth (Bloomberg)

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.

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Image courtesy of "FXStreet"

Amazon Stock Earnings Preview: AMZN fills gap as market expects ... (FXStreet)

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.

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Image courtesy of "Seeking Alpha"

Amazon moves lower on mixed earnings result (Seeking Alpha)

Amazon.com Inc. (AMZN) stock wavered in Thursday's extended trading as the market digested a mixed Q4 earnings report.Headlining the quarterly results was a ...

He added that his team is not looking to optimize quarterly results, but instead build the business and maintain customers for the longer term. "But the reality is that we're going to find a way to help our customers spend less money. Jassy also outlined his bullishness on strides the company is making in both grocery and international e-commerce. Shares again made a sharp move as CEO Andy Jassy joined the company's earnings call for the first time. The company anticipates net sales between $121B and $126B for the first quarter of 2023 against a $125.13B Street consensus. (AMZN)](/symbol/AMZN?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Anews%7Csymbol%3AAMZN) [RIVN](/symbol/RIVN?source=content_type%3Areact%7Csection%3Amain_content%7Csection_asset%3Ameta%7Cfirst_level_url%3Anews%7Csymbol%3ARIVN)By: [Kevin P.

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Image courtesy of "Shacknews"

Amazon (AMZN) Q4 2022 net income hit by $2.3 billion valuation ... (Shacknews)

Amazon's investment in the electric vehicle maker ended up leading to a huge loss in income for Amazon's Q4 2022 bottom line.

The company has a major stake in electric automaker Rivian, and this has led to a major loss included in the company’s net income reporting: [Q1 2022 net losses](https://www.shacknews.com/article/130087/amazon-amzn-rivian-stake-leads-to-surprise-q1-2022-loss) totaled around $7.6 billion, of which Rivian was a contributor. Amazon’s investment in electric vehicle maker Rivian has continued to be a major loss contributor for the company and, in Q4 2022, it ended up costing the company $2.3 billion USD on its net income.

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Image courtesy of "Barron's"

Amazon Stock Falls on Mixed Earnings Report and Weak Forecast ... (Barron's)

Revenue at the company's closely watched Amazon Web Services unit were a little shy of expectations.

](https://www.barrons.com/market-data/stocks/rivn) ](https://www.barrons.com/market-data/stocks/amzn) [

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Image courtesy of "Yahoo Finance"

Amazon earnings preview: Analysts are watching margins, cloud ... (Yahoo Finance)

Amazon (AMZN) is set to report its Q4 2022 earnings on Feb. 2, as the company looks to deliver after a difficult year that rattled its stock.

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Image courtesy of "MarketWatch"

Amazon stock falls as least profitable holiday quarter since 2014 ... (MarketWatch)

AWS and Amazon's first-quarter forecast also miss analyst estimates amid concerns about cloud growth; CFO says AWS will show 'slower growth rates for the ...

In the fourth quarter, AWS produced operating income of $5.21 billion on revenue of $21.38 billion, with sales growing more than 20% and operating income declining slightly. Amazon reported an operating loss of $2.23 billion on revenue of $34.46 billion overseas, after a loss of $1.63 billion on sales of $37.27 billion a year ago. He noted that AWS revenue growth rates had been hit by customers looking to cut their cloud spending, and “we expect these optimization efforts will continue to be a headwind to AWS growth in at least the next couple of quarters.” [while] continuing to spend on everyday essentials.” Amazon recently announced it would start charging for grocery delivery for Prime members, which could increase revenue from sales of fresh food. Olsavsky said cuts in the company’s physical stores and device businesses would improve operating margins in North America. “But to our best estimations, when we look at the absolute dollar growth year over year, we still have significantly more absolute dollar growth than anybody else we see in this space.” Any slowdown in AWS would hit Amazon’s bottom line as well as its overall top line, and executives’ forecast for the first quarter shows less optimism than Wall Street expected. [was expected to post a loss for the whole year for the first time since 2014](https://www.marketwatch.com/story/amazon-expected-to-post-first-unprofitable-year-since-2014-and-worst-loss-since-the-dot-com-bust-11675197229?mod=article_inline), but worse-than-expected holiday earnings actually led Amazon to the company’s worst annual loss on record. Without those charges, Amazon would have exceeded expectations, and recognizing them in 2022 leaves a cleaner sheet for this year, when Amazon’s ability to return to strong profitability will be the focus of Wall Street. For the year, Amazon produced a net loss of $2.7 billion and revenue of $513.98 billion, up from $469.82 billion a year ago and the company’s first annual sales total to surpass a half-billion dollars. [RIVN, +5.94%](/investing/stock/RIVN?mod=MW_story_quote)stock, which cost Amazon $2.3 billion in net income in the quarter. Revenue increased to $149.2 billion from $137.41 billion a year ago.

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Image courtesy of "FXStreet"

Amazon Stock Earnings: AMZN sags 5% on AWS revenue miss (FXStreet)

Amazon (AMZN) stock fell 5.1% afterhours on Thursday as the premier online retailer missed earnings per share (EPS) overall for the quarter ending in.

The author makes no representations as to the accuracy, completeness, or suitability of this information. Gold price is recovering ground toward the $1,920 level, as bulls jump back into the bid after seeing a sharp pullback from ten-month highs of $1,960. EUR/USD is attempting a bounce above 1.0900 in the European session. The author will not be held responsible for information that is found at the end of links posted on this page. GBP/USD is struggling for a clear direction while defending the 1.2200 mark early Friday. The author has not received compensation for writing this article, other than from FXStreet. Bulls may seek entry at $101 if they think Thursday's gang of FAANG misses will not lead to a course correction in the market. It also does not guarantee that this information is of a timely nature. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. Net income was hurt by a $2.3 billion loss on the value of its stake in electric vehicle firm Rivian (RIVN). The market appeared tired of Amazon's inability or unwillingness to produce significant profits, and AMZN saw foreign revenue drop 8% YoY, although all of that was due to foreign currency exchange rates. This means that Microsoft is probably taking more market share for itself, while AWS is beginning to see its 34% market share slide.

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Image courtesy of "Investor's Business Daily"

No Silver Lining In Amazon's Cloud Business As Results Fail To Excite (Investor's Business Daily)

AMZN stock fell after the e-commerce giant reported fourth-quarter results late Thursday that beat on revenue but missed on earnings.

[Is Amazon Stock Overvalued?](https://www.investors.com/research/options/is-amazon-stock-overvalued-this-put-can-deliver-on-continued-weakness/) [Looking For Market Insights? Analysts expected Amazon to report earnings of 17 cents a share on revenue of $145.7 billion. The company expects first-quarter revenue in the range of $121 billion to $126 billion, or to grow between 4% and 8%. But Amazon gave an outlook that fell short of expectations. In January, Amazon confirmed it's laying off 18,000 workers, the largest cutback in its 28-year history. AMZN stock dropped in late trading.

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Image courtesy of "Coinspeaker"

Amazon Beats 2022 Q4 Analysts Expectations on Revenue, AMZN ... (Coinspeaker)

Amazon posted revenue of about $149.2 billion for Q4 2022 versus the $145.42 billion expected by analysts, according to Refinitiv estimates.

However, according to a survey conducted by Refinitiv, analysts expected the company to report a net sale of about $125.1 billion. Worth noting that HBO is back to Prime Video Channels for the US customer. For $15.99 per month to allow customers who subscribe to HBO Max have access to approximately 15,000 hours of curated premium content. The $1.07 trillion valued company delivered the 10 millionth package using electric delivery vehicles from Rivian during the fourth quarter. The net sales for the fourth quarter came in at $149.2 billion, up approximately 9 percent year-over-year. During the last three months of 2022, Amazon posted 3 cents in earnings per share down from $1.39 EPS YoY. [Amazon.com Inc](https://www.coinspeaker.com/organizations/amazon/) (NASDAQ: AMZN) shares closed Thursday trading at $112.91, up 7.38 percent from the day’s opening value. Forward, the company anticipates net sales to come in between $121.0 billion and $126.0 billion, which will represent a growth of between 4% and 8% compared with the first quarter of 2022. However, AMZN shares dropped approximately 5.07 percent to trade around $107.18 during the extended trading period. As a result, the company reported a net loss of about $2.3 billion compared to a net gain of about $11.8 billion a year ago. Amazon anticipates net sales to come in between $121.0 billion and $126.0 billion, which will represent a growth of between 4% and 8% compared with the first quarter of 2022. Let’s talk crypto, Metaverse, NFTs, CeDeFi, and Stocks, and focus on multi-chain as the future of blockchain technology.

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