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Revenue in Amazon's cloud computing segment expanded 28% year over year, topping analysts' estimates. Amazon Stock vokser denne lørdag frem som et af de emner, der tiltrækker opmærksomhed i Denmark.

Fakta

• Revenue in Amazon's cloud computing segment expanded 28% year over year, topping analysts' estimates.
• Amazon reported first-quarter results that beat Wall Street's expectations.
• The stock was up more than 4%, after bouncing around in extended trading.
• Amazon Web Services: $37.59 billion vs. $36.64 billion, according to StreetAccount.
• Revenue in Amazon's cloud segment increased 28% year over year to $37.59 billion, marking its fastest growth in more than three years.

Det vi ved

Detaljeret, Amazon reported first-quarter results that beat Wall Street's expectations.

Konkret, the stock was up more than 4%, after bouncing around in extended trading.

Derudover Amazon Web Services: $37.59 billion vs. $36.64 billion, according to StreetAccount.

Det er værd at bemærke, at Revenue in Amazon's cloud segment increased 28% year over year to $37.59 billion, marking its fastest growth in more than three years.

På nuværende tidspunkt Amazon and other big tech companies have been trying to justify their hefty artificial intelligence spending, which could approach $700 billion in 2026.

Tallene

Detaljeret, Amazon in February projected its capital expenditures will reach $200 billion in 2026, a sharp increase from last year.

Konkret, Tech stocks post best month since start of Covid pandemic in 2020.

Derudover Intel's stock more than doubles in April for best month in chipmaker's 55 years on Nasdaq.

Det er værd at bemærke, at Amazon said property and equipment expenses in the first quarter reached $44.2 billion, which was above Wall Street's projected $43.6 billion, according to FactSet.

Baggrunden

Det er værd at bemærke, at Amazon needs to make enough satellites and book more rocket launches to build out its constellation, which will eventually total roughly 7,700 satellites.

På nuværende tidspunkt Earlier this month, Amazon announced it plans to purchase Globalstar in a deal valued at roughly $11.57 billion, the second-largest acquisition in its history.

Detaljeret, as part of the deal, Apple, which owns a 20% stake in Globalstar, will use Amazon's satellite connectivity for some products.

Konkret, For the current quarter, Amazon said it expects sales to come in between $194 billion and $199 billion.

Derudover Revenue in its online stores segment, which still accounts for the largest share of Amazon's total sales, grew 12% in the first quarter to $64.3 billion, higher than analysts' estimated $62.7 billion.

Opsummering

• The stock was up more than 4%, after bouncing around in extended trading.
• As part of the deal, Apple, which owns a 20% stake in Globalstar, will use Amazon's satellite connectivity for some products.
• Amazon's head count fell by 1,000 employees since the fourth quarter.