US Stocks Move | Amazon Drops Over 5%, Q4 Earnings to Be Released After Market Close, Market Focuses on AWS Performance
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Glonghui, February 5th|Amazon (AMZN.US) fell more than 5%, hitting a low of $220.39. According to reports, Amazon will announce its Q4 earnings after the US market closes today. The market expects total revenue to increase by 13% to $211.5 billions, with AWS revenue expected to grow by 21% to $34.8 billions, and adjusted earnings per share expected to rise by 8% to $2.40. Given Amazon's relatively lagging stock performance, investors are eagerly seeking catalysts for a price rebound, while closely monitoring its profit margin expansion and the stability of its retail business. Previously, Microsoft reported a slowdown in Azure growth last quarter, causing its stock price to plunge nearly 10% and sparking widespread concerns among investors about the entire industry. (Glonghui)
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