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Amazon shares fell on Thursday, when the e -commerce group published a weaker look than expected for the first quarter, and warned that it expected “an extraordinary and uncomfortable influence” from a strong dollar.
Seattle's fourth group's revenues-which include the holiday shopping season-increased by 10 percent year on an annual basis to $ 187 billion, Amazon He said on Thursday. The revenues came in the above analysts' expectations in surveying a clear alpha of $ 187 billion.
But she said that she expects net sales in the current quarter between 151 billion dollars and 155.5 billion dollars, which is much less than expectations of 158.5 billion dollars. Amazon said the strong dollar would strike the revenues of the first quarter of $ 2.1 billion.
The US dollar has risen by about 3 percent against a basket of six peers during the past 12 months, according to FactSet data.
Amazon Web Services, a decisive engine for profit, has recorded a 19 % increase in sales to 28.8 billion dollars. This decreased with a little expectations.
It is one of several Big technology Companies, including Alphabet and Microsoft, which are racing to create the data center infrastructure to meet the demand for artificial intelligence systems. Amazon Capital's spending in the fourth quarter was more than $ 26 billion, an increase of about 13.5 billion dollars a year ago. The capital spending was about $ 78 billion in 2024, exceeding her pledge to spend $ 75 billion.
The shares, which have risen 41 percent in the past 12 months, have decreased to 7 percent in the hours after trading hours on Thursday before they recover somewhat to a decrease of about 3 percent.
