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Amazon Q4 sales beats estimates on cloud and ecommerce strength, shares rise, ET Retail - Vimarsana News

Amazon Q4 sales beats estimates on cloud and ecommerce strength, shares rise, ET Retail

"Amazon was a clear winner in the 2023 holiday season, thanks to its commanding presence over an extended shopping period and a renewed emphasis on speedier delivery and essential categories prioritized by consumers," said Insider Intelligence senior analyst Sky Canaves. He forecast Amazon expanding its U.S. ecommerce market share this year.

Where next for Amazon stock ahead of its Q4 earnings - Vimarsana News

Where next for Amazon stock ahead of its Q4 earnings

Amazon shares have lost over 12% in value since the start of the year, but can its upcoming earnings provide a catalyst for it to recover?