What You Need To Know Ahead of Amazon's Earnings Thursday
AmazonAmazon(US:AMZN) Investopedia·2024-10-28 09:20

Key TakeawaysAmazon reports earnings after the market closes Thursday, with analysts expecting profits to fall from the prior quarter but rise from a year ago.Investors will likely be watching the tech giant's margins amid concerns consumer weakness, growing labor costs, and higher spending on artificial intelligence could squeeze profits.Analysts have suggested Amazon's high-margin advertising revenue and AWS growth could help offset the costs. Amazon (AMZN) reports earnings after the bell Thursday, with i ...