Amazon reports strong earnings for Q4, but stocks dip due to outlook for the first quarter
In the fourth quarter, Amazon reported spending $27.8 billion on property and equipment, significantly higher than the same period in 2023. During a call with analysts on Thursday, Amazon CEO Andy ...
Amazon Posts Solid Earnings. A Cloud Miss and Weak Outlook Are Hurting the Stock.
Fourth-quarter results beat Wall Street estimates but the company’s revenue outlook for the first quarter fell shy of expectations.
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Tapestry, Ralph Lauren Boost Annual Sales Guide After Beating Holiday-Quarter Views
Luxury fashion companies Tapestry (TPR) and Ralph Lauren (RL) on Thursday raised their full-year revenue outlooks after logging stronger-than-projected sales in the holiday quarter. Tapestry now ...
US lawmakers want to ban DeepSeek from government devices
A pair of US lawmakers are seeking to ban government workers from using Chinese startup DeepSeek’s artificial intelligence chatbot on official devices.