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Amazon profits last year soared
Amazon profits last year soared, but growth is slowing
Amazon almost doubled its profits in 2024 compared to the year before, but it missed some analysts expectations in its cloud division and issued a warning for slow sales growth in 2025.
Amazon Says Profits Rose 88% but Cautions Growth May Slow
The company’s cloud computing business showed strong growth, while a forecast for the current quarter disappointed investors.
Amazon’s quarterly profits soar to a record $20 billion, but cloud growth comes up short
Amazon's beat Wall Street's overall expectations with $187.8 billion in net sales, up 10%, and came in well ahead on the bottom line, with earnings of $1.86 per share, vs. expectations of $1.48 for the fourth quarter.
5h
Amazon Fresh supermarket opening on Long Island canceled nearly 2 years after construction
The only Amazon Fresh stores in New York state are the three on Long Island, including one that opened in Oceanside in 2022.
1d
on MSN
Amazon’s war on bloat alienates workers — and pleases Wall Street
Employees in multiple departments at Amazon describe an uncertain workplace, where old career paths are drying up and ...
11h
on MSN
Amazon reports strong earnings for Q4, but stocks dip due to guidance for the 1st quarter
The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, ...
GlobeSt.com
6d
Did Amazon’s Return to Work Mandate Cause Seattle Rents to Rise?
In late 2024, Amazon announced that, effective January 1, 2025, all staff must be in the office five days a week, instead of ...
3d
Corporate opposition to Seattle tax proposal grows
Amazon and others are backing Proposition 1B, which they they say would address housing needs without raising taxes that ...
7d
on MSN
Corporate layoffs at Amazon confirmed by company
SEATTLE — Amazon has confirmed that it laid off a group of employees in the Communications and Corporate Responsibility ...
10d
Amazon’s Return-to-Office Mandate Makes Bad Seattle Traffic Worse
One side effect of Amazon’s demand that all its workers labor under the direct gaze of their managers, instead of at home, is apparently a slower average commute time for the Seattle area. Is this ...
7d
on MSN
Downtown Seattle rents increase as Amazon workers return to office
Rents in downtown Seattle have gone up for the first time in 17 months as Amazon employees have returned to the office, ...
7d
on MSN
Amazon’s latest job cuts impact corporate communications and sustainability employees
Two of Amazon's Seattle headquarters towers rise above the Spheres. (GeekWire File Photo /) Amazon laid off employees in its ...
15h
on MSN
Amazon’s Whole Foods asks labor agency to set aside results of union win at Philadelphia store
Amazon-owned Whole Foods is asking the National Labor Relations Board to set aside the results of a union election that led ...
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