Amazon earnings preview: All eyes on retail and AWS growth

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 97%

Business News News

Business Business Latest News,Business Business Headlines

"We view Azure's [deceleration in the third quarter] as a slightly cautious read for AWS especially since AWS started seeing optimization later than...

Amazon.com Inc. will serve as an economic and tech barometer when the e-commerce powerhouse delivers fiscal second-quarter results on Thursday.

Just... Amazon.com Inc. will serve as an economic and tech barometer when the e-commerce powerhouse delivers fiscal second-quarter results on Thursday. Just as significant will be a focus on Amazon Web Services and whether its growth reaccelerates as the market leader. Last week, Microsoft Corp. MSFT said it expects revenue growth from Azure and other cloud services to continue cooling in the current quarter. Meanwhile, Alphabet Inc.’s GOOGL GOOG Google Cloud revenue grew 28%, topping Wall Street estimates.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Amazon and Apple to bat cleanup for Q2 earnings this weekWhen Amazon.com Inc. and Apple Inc. report quarterly results on Thursday, we'll get a look at two big companies, with big expectations.
Source: MarketWatch - 🏆 3. / 97 Read more »

Apple, Amazon, Starbucks to Report in Packed Earnings WeekEarnings reports also from Uber Technologies, Pfizer and Kraft Heinz are expected to shed light on how consumer spending is holding up amid rising interest rates and easing inflation.
Source: WSJ - 🏆 98. / 63 Read more »