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Amazon stock knocked as AI spending weighs on profits growth
Amazon shares fell around 7 per cent in after-hours trading as the US ecommerce giant posted underwhelming projections for the third quarter due to high spending on artificial intelligence. Chief executive Andy Jassy also warned of further uncertainty around President Donald Trump’s tariff policies and said he remained “unsure” who would absorb potentially higher costs over time.
Amazon analysts raise price targets and highlight the long-term outlook as investors are cautious over AWS lower growth.
Amazon's Q2 earnings report revealed the company beat consensus estimates for both earnings per share and revenue. The ...
A Market Misstep and a Buying Opportunity? Amazon’s (NASDAQ:AMZN) latest quarterly report delivered a mixed bag that sent its ...
Amazon Q2 '25 results shine with double-digit growth in all segments. AWS, e-commerce, and ads thrive—don't miss this Strong ...
Amazon's 2Q25 beat estimates, up 13% to $167.7 billion. Online store and third-party services grew 11% each and memberships, ...
Follow-up: Amazon Web Services profits squeezed as AI arms race drives spending surge Amazon beat estimates for its ...
Amazon.com failed to live up to lofty expectations for its Amazon Web Services cloud computing unit after rivals handily beat ...
AWS growth is under scrutiny after Amazon CEO Andy Jassy's earnings call failed to reassure investors. Brad Erickson, RBC ...
Amazon.com, Inc.'s post-earnings dip is an overreaction. AWS remains a leader with $10B profits and 30% market share. Click ...
Amazon's stock sank on Thursday afternoon, weighed down by mixed guidance and AI competition, though the company beat Q2 ...
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