Amazon’s quarterly report comes at a time when the company is entering another investment period.Amazon's stock is up 18% this year, slightly below the 20% gain for the S&P 500.
Amazon Founder and CEO Jeff Bezos addresses the audience during a keynote session at the Amazon Re:MARS conference on robotics and artificial intelligence at the Aria Hotel in Las Vegas, Nevada on June 6, 2019.is reporting its third-quarter financial results after the bell on Thursday.$4.62, according to analysts surveyed by Refinitiv, vs. $5.75 last yearAWS:The quarterly report comes as Amazon is entering another heavy investment period.
Investors will look for additional commentary around the regulatory environment, as politicians from both sides of the aisle have recently called for heavier scrutiny of the company's business practices. There are also growing concerns over Amazon's cloud business, which is expected to see revenue growth slow to 36%, only the second time to record a sub-40% growth rate since the company started reporting the numbers in 2015.
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Fonte: BusinessInsider - 🏆 729. / 51 Leggi di più »