Amazon studies gross sales advancement of 11% and concerns optimistic guidance

Amazon studies gross sales advancement of 11% and concerns optimistic guidance


Andy Jassy, CEO of Amazon, speaks at the ceremonial ribbon slicing prior to tomorrow’s opening evening for the NHL’s most recent hockey franchise the Seattle Kraken at the Local weather Pledge Arena on October 22, 2021, in Seattle.

Bruce Bennett | Getty Pictures Activity | Getty Pictures

Amazon mentioned second-quarter revenue climbed 11%, and the business issued a forecast showing possible growth acceleration in the recent time period. The stock rose a lot more than 5% in extended investing.

  • Earnings: 65 cents a share vs. 35 cents per share expected, in accordance to analysts surveyed by Refinitiv
  • Earnings: $134.4 billion vs. $131.5 billion predicted, according to analysts surveyed by Refinitiv

Wall Road is also looking at other critical figures in the report:

  • Amazon Net Products and services: $22.1 billion vs. $21.8 billion in profits, in accordance to StreetAccount
  • Promotion: $10.7 billion vs. $10.4 billion in income, according to StreetAccount

Enjoy: Amazon is planning to devote $7.2 billion in Israel

Amazon is planning to invest $7.2 billion in Israel



Resource

AI demand boosts iPhone maker Foxconn’s second-quarter profit by 27%, beating forecasts
Technology

AI demand boosts iPhone maker Foxconn’s second-quarter profit by 27%, beating forecasts

Foxconn Hon Hai Technology Group signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025. David Paul Morris | Bloomberg | Getty Images Taiwan’s Foxconn, the world’s largest contract electronics maker, reported Thursday that its second-quarter operating profit rose 27% year over year, as it leans into […]

Read More
Google faces loss of Chrome as Perplexity bid adds drama to looming breakup decision
Technology

Google faces loss of Chrome as Perplexity bid adds drama to looming breakup decision

Alphabet CEO Sundar Pichai speaks at a Google I/O event in Mountain View, Calif., Tuesday, May 20, 2025. Jeff Chiu | AP Perplexity AI’s bid on Tuesday to buy Google’s Chrome browser for $34.5 billion represents a dramatic moment for the internet search giant, a week before it celebrates the 20th anniversary of its IPO. […]

Read More
Cisco reports narrow earnings beat, issues inline forecast for the year
Technology

Cisco reports narrow earnings beat, issues inline forecast for the year

Cisco CEO Chuck Robbins speaks at the Business Roundtable CEO Workforce Forum in Washington on June 17, 2025. Al Drago | Bloomberg | Getty Images CIsco reported results on Wednesday that narrowly exceeded analysts’ expectations and issued quarterly guidance that was also better than expected. The stock slipped in extended trading. Here’s how the company […]

Read More