Amazon stock moves lower

Amazon stock moves lower

The quarterly results showed a significant increase in revenue, with $149 point 2 billion in sales exceeding analyst expectations by $3 point 43 billion.

The quarterly results showed a significant increase in revenue, with $149 point 2 billion in sales exceeding analyst expectations by $3 point 43 billion.

Sales for AWS came in a little bit slower than anticipated.

Sales for AWS came in a little bit slower than anticipated.  

Achieving $21.38 billion while expecting $21.76 billion.

Achieving $21.38 billion while expecting $21.76 billion.

The ongoing, rapid growth in advertising revenue more than made up for this minor disappointment.

The ongoing, rapid growth in advertising revenue more than made up for this minor disappointment.

The company forecasted first-quarter 2023 sales of between $121 billion and $126 billion.

The company forecasted first-quarter 2023 sales of between $121 billion and $126 billion.

A range of $0 and $4B is anticipated for operating income.

A range of $0 and $4B is anticipated for operating income.

As opposed to $3.7B in the first quarter of 2022.

As opposed to $3.7B in the first quarter of 2022.