Amazon announced a 10% increase in net sales to $187.8 billion for Q4 2024, with AWS revenue growing by 19%. Despite a cautious revenue forecast for Q1 2025, the company plans to increase capital expenditures to $100 billion, focusing on AWS and AI initiatives.
Amazon reported better-than-expected Q4 2024 earnings and revenue, but its stock fell due to disappointing guidance for Q1 2025. Despite strong performance in AWS and AI investments, foreign exchange headwinds and slower growth projections have raised concerns.
Amazon announced a 10% increase in Q4 2024 revenue to $187.8 billion, driven by holiday sales and cloud computing growth. Despite a strong performance, concerns arise from a disappointing Q1 2025 revenue forecast and significant investments in AI and cloud infrastructure.