Amazon’s (NASDAQ:AMZN) Q4 Earnings Results: Revenue In Line With Expectations But Quarterly Revenue Guidance Misses Expectations
Cloud computing and online retail behemoth Amazon (NASDAQ:AMZN) met Wall Street’s revenue expectations in Q4 CY2024, with sales up 10.5% year on year to $187.8 billion. On the other hand, next quarter’s revenue guidance of $153.
The company plans to allocate a record amount to capital expenditures to build artificial-intelligence infrastructure.
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