Amazon has announced robust earnings for the fourth quarter, yet its stock prices have taken a hit due to a cautious outlook for the first quarter.
Amazon has announced impressive financial results for the fourth quarter of 2024, exceeding analysts’ expectations with strong earnings and revenue growth. However, despite this positive performance, the company’s stock saw a significant decline after it shared a cautious outlook for the first quarter of 2025. Q4 Performance Exceeds Expectations Amazon’s earnings report for Q4 highlighted a strong performance, largely fueled by substantial growth in its cloud computing division, Amazon Web Services (AWS), along with continued strength in its e-commerce sector. The company reported a revenue of $145 billion, reflecting a…