Amazon (AMZN) / Jeff Bezos

[winston]

not vested

Amazon.com, Inc. (AMZN) – Thursday, February 1

For Amazon’s third quarter, it reported adjusted earnings of $1.00 per share, which came in above analysts’ estimates for $0.80 per share.

Revenue rose 14% year-over-year to $169.96 billion, which was above analysts’ projections for $166.26 billion.

This compares to earnings of $0.03 per share and revenue of $149.2 billion in the same quarter of last year.

Additionally, Amazon Web Services (AWS) revenue increased 13% year-over-year to $24.2 billion, just above analysts’ estimates for $24.17 billion.

Amazon’s CEO, Andy Jassy, stated:

This Q4 was a record-breaking Holiday shopping season and closed out a robust 2023 for Amazon. While we made meaningful revenue, operating income and free cash flow processes, what we’re most pleased with is the continued invention and customer experience improvements across our business.

Following these stellar earnings results, shares of AMZN rose nearly 8% on Friday.

Source: Market 360

[behappyalways]

There are only two moments when you sell $4 billion of stock in four days: when you have to and when you are stupid not to...
https://twitter.com/Peter_Atwater/statu ... 9743270392


Bezos sold another $2B of $AMZN shares
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[behappyalways]

Jeff Bezos unloads around $2.4 billion in Amazon stock, bringing recent sales to 50 million shares
https://www.cnbc.com/2024/02/20/jeff-be ... stock.html

[winston]

by behappyalways:-

Amazon ruined the name Alexa

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[behappyalways]

Amazon Scrapping 'Just Walk Out' Technology At Fresh Stores
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[behappyalways]

How $AMZN makes money
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How The Shadowy World Of Organized Retail Crime Works
https://m.youtube.com/watch?v=lcF257VjFa8