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Amazon earnings preview: Advertising and AWS expected to continue fueling profits

GeekWire

Analysts will be watching for continued growth in the company’s key profit drivers: advertising and cloud computing. The company is coming off better-than-expected results in its holiday quarter. The company is coming off better-than-expected results in its holiday quarter. Advertising brought in $14.6

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Amazon earnings preview: AWS, advertising, AI in the spotlight for holiday quarter results

GeekWire

Analysts will be watching growth rates for Amazon Web Services and advertising; potential impact from faster shipping times ; and updates related to generative AI, which was the big theme at the AWS re:Invent conference in November. Wedbush said in a recent report it expects Q4 operating income to exceed company guidance.

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Amazon shares rise 4% as cloud and advertising power record Q4 revenue of $170B

GeekWire

The company’s cloud, advertising, and third-party seller services businesses met or exceeded estimates in Q4, while overall operating income increased to $13.2 The company continues to trim its headcount, with smaller cuts coming to Alexa, music, and other divisions. Advertising brought in $14.6 Overall U.S.

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Amazon’s advertising business is surging amid industry-wide ad sales boom for tech giants

GeekWire

Amazon’s advertising business continue to grow rapidly as it is now one of the company’s key sources of revenue. In the company’s second quarter earnings report , Amazon said its “Other” category generated $7.9 (GeekWire Photo). billion last quarter. billion in revenue.

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Latest round of Amazon layoffs begins today, impacting AWS, HR, Advertising, and Twitch

GeekWire

(GeekWire Photo / Kurt Schlosser) Amazon began notifying employees impacted by its latest round of layoffs on Wednesday, as the company continues to trim headcount to cut costs. The layoffs are part of the 9,000-person corporate workforce reduction announced by the company in March. Amazon reports its first quarter earnings Thursday.

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Advertising surge lifts Amazon’s ‘Other’ segment past subscription business, on pace to rival AWS

GeekWire

Amazon’s Q4 2020 earnings last week were understandably dominated by news that CEO Jeff Bezos is stepping down in Q3 2021 , to be replaced by Amazon Web Services chief Andy Jassy. Plus, the company’s earnings were consistent with the past few quarters: Amazon is firing on all cylinders. “It was up $2.5

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Windows is under new management after Microsoft AI reshuffle

Computerworld Vertical IT

Microsoft is reuniting management of its Windows operating system and its Surface devices, as the leader of its Windows and Web Experiences team has quit his current role and may leave the company.

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