Amazon stock slips as a gloomy outlook overshadows strong earnings

  • Posted on February 6, 2025
  • By Bing News
  • 3 Views
Amazon stock slips as a gloomy outlook overshadows strong earnings

Amazon beat Wall Street’s expectations for the fourth quarter, driven by strong cloud growth, AI investments, and a robust holiday shopping season. However, the company issued a gloomy outlook for the first quarter, prompting its stock to drop by about 2% in after-hours trading.
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