| (USD) | Dec 2022 | Q/Q |
|---|---|---|
| Revenue | 149.2B | +17% |
| Gross Profit | 63.6B | - |
| Cost Of Revenue | 85.6B | +22% |
| Operating Income | 2.7B | +8% |
| Operating Expenses | 60.8B | - |
| Net Income | 278MM | -90% |
| G&A | 3.3B | +9% |
| Marketing | 12.8B | +16% |
| Interest Expense | 694MM | +12% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Four influential technology companies are set to report their results during a busy week for earnings after a selloff among the “Magnificent Seven” hit the Nasdaq. Amazon and Apple, two of the so-called “Magnificent Seven,” will report results Thursday after the market closes. Here are the earnings we’re watching next week: **Monday and Tuesday:** Microsoft Tuesday is expected to report a more than 14% increase in sales in its fiscal fourth quarter to $64.37 billion.
Market Chatter: Amazon Faces 2nd Probe by Tax Authorities in Italy
Warner Bros. Discovery filed a lawsuit against the NBA on Friday over the league's "unjustified rejection" of the company's matching rights proposal earlier in the week.
Amazon.com, Inc. (NASDAQ:AMZN) recorded its biggest sales event in history this Prime Day weekend. The world's largest e-commerce company sold over 200 million items through independent sellers during the Prime Day event held on July 17 and 18, making ...
Amazon.com Inc (NASDAQ:AMZN) is making significant strides in artificial intelligence with its homegrown AI chips. In its Austin, Texas, chip lab, Amazon engineers are rigorously testing a new server design that features these AI chips, aiming to reduce reliance on Nvidia Corp’s (NASDAQ:NVDA) costly chips, Reuters reports. Amazon’s efforts align with similar initiatives by rivals Microsoft Corp (NASDAQ:MSFT) and Google parent Alphabet Inc (NASDAQ:GOOG) (NASDAQ:GOOGL). Don't Miss: Here’s the AI-p
Stuber, who left Netflix in March to start his media company, will produce several films annually under United Artists (UA), a relaunched label that once operated under MGM. The films will be released both theatrically and on Prime Video.
Amazon's artificial intelligence virtual assistant, Alexa, is now in millions of households worldwide, yet the smart technology is costing Amazon billions. Here's why Alexa is a black hole in Amazon's profits. In 2014, Amazon launched its first Echo smart speaker with Amazon's innovative virtual assistant, Alexa. But it was in 2017 that the world started to pay attention to this smart speaker, and thanks to the third-party products and integrations, this smart speaker was popular across the glob
Amazon.com Poised for Q2 Beat Amid 'Solid' Revenue, BofA Securities Says
We recently compiled a list of the 10 Best Information Technology Services Stocks to Buy. In this article, we are going to take a look at where Amazon.com, Inc. (NASDAQ:AMZN) stands against the other information technology services stocks. Information technology (IT) services are a key component of the broader IT market, which also includes services, […]
Despite being down more than 10% from its recent high, Wall Street says the stock still has room to run.