Amazon set to report fourth-quarter earnings after the bell
Publishing timestamp: 2024-02-01 12:45:36
Summary
Amazon is set to report its fourth-quarter earnings, with a focus on the growth of its cloud unit and its high-margin businesses like advertising. Analysts expect a sizable spike in profits compared to the previous year, and Wall Street will be watching the growth rates in Amazon's cloud computing unit. The company has been cutting costs and laying off employees, which has been well-received by investors.
Sentiment: NEUTRAL
Tickers: AMZN, DIS, WBD, NFLX,
Keywords: netflix inc, earnings, walt disney co, technology, amazon.com inc, warner bros discovery inc, internet, business news, breaking news: technology,
Source: https://www.cnbc.com/2024/02/01/amazon-amzn-q4-earnings-report-2023.html