Sales beat estimates, but cloud misses target
Amazon ( AMZN ) reported its third-quarter earnings on Thursday, beating expectations on net sales and EPS but missing its cloud revenue.Amazon shares
Source: thepacket.ca
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Sales beat estimates, but cloud misses target
Amazon ( AMZN ) reported its third-quarter earnings on Thursday, beating expectations on net sales and EPS but missing its cloud revenue.Amazon shares
Source: hantsjournal.ca
Alphabet Stock Set For Worst Day In 12 Months As Microsoft Again Asserts AI Lead
The Google selloff is “overdone” as focusing on the earnings report’s sole blemish in cloud profits is a mistake, according to some analysts.
Source: forbes.com
Alphabet Stock's First Downgrade Rolls in After Disappointing Cloud Results
The 22% revenue growth rate at Google Cloud came in well short of expectations.
Source: marketwatch.com
Wall Street Reacts to Alphabet's Third-Quarter Earnings Results
"Regulatory headwinds persist, competition is dynamic, and we believe the darkest days of this downturn are ahead of us," a Wall Street analyst said.
Source: businessinsider.com