Amazon gives Wall Street mixed financial picture in earnings report
While Amazon reported high sales in its cloud computing division, the company's overall third-quarter results fell short of analyst expectations. Amazon has issued a conservative sales forecast for the upcoming holiday shopping season.
Key points
- Strong performance in cloud computing sales
- Q3 results missed Wall Street expectations
- Cautious sales forecast for Q4 holiday period
Summary and key points written by AI from the headline and a short excerpt, so they can be incomplete or wrong. The Guardian Technology did the reporting; read the original for the full story.
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