[New post] Amazon’s stock falls 11% on slower cloud growth and lower holiday forecast

Techie.Buzz posted: " Amazon.com Inc. said today that holiday sales and profit will likely come in lower than analysts are expecting because of to decelerating cloud growth, a prime driver of Amazon profits in recent years. The warning came as Amazon's cloud computing bus" Techie.Buzz Amazon's stock falls 11% on slower cloud growth and lower holiday forecast Techie.Buzz Oct 29 Amazon.com Inc. said today that holiday sales and profit will likely come in lower than analysts are expecting because of to decelerating cloud growth, a prime driver of Amazon profits in recent years. The warning came as Amazon's cloud computing business missed expectations by almost $1 billion... Link: Amazon's stock falls 11% on slower cloud growth and lower holiday forecast via siliconangle.com Comment Like You can also reply to this email to leave a comment. Unsubscribe to no longer receive posts from Techie.Buzz. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: http://techie.buzz/2022/10/29/amazons-stock-falls-11-on-slower-cloud-growth-and-lower-holiday-forecast/ Powered by WordPress.com