Amazon earnings preview: All eyes on retail and AWS growth

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.

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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.
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »

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.
Sumber: WSJ - 🏆 98. / 63 Baca lebih lajut »