Amazon's Earnings Top Estimates, Though Its Forecast Underwhelms

Amazon (AMZN) reported fourth-quarter earnings that topped analysts' estimates, though its outlook underwhelmed. The e-commerce and cloud services giant saw net sales rise 10% year-over-year to $187.8 billion, surpassing the analyst consensus from Visible Alpha. Earnings came in at $20 billion, or $1.86 per share, up from $10.62 billion, or $1 per share, a year earlier, also above expectations. Amazon Web Services revenue increased 19% to $28.79 billion, slightly shy of projections.  Looking ahead, Amazon ...