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The Amazon’s shares have fallen on Thursday because the E -trade group posted weaker than expected prospects for the first quarter, warning that it predicts a “unusually big, adverse impact” from a strong dollar.
The fourth quarter-based revenue based in Seattlu-Koji includes holidays of holiday shopping-it has been 10 percent in year to $ 187.8 billion, Amazon said on Thursday. The revenue came the above expectations of analysts in a visible alpha study of $ 187 billion.
But it was said that he expected the net sales in the current quarter to come between $ 151 billion-155.5 billion USD, which is significantly below the forecast for $ 158.5 billion. A strong dollar will carry revenues in the first quarter for $ 2.1 billion, Amazon said.
The US dollar has increased about 3 percent compared to a basket of six peers in the last 12 months, according to Factset data.
The Amazon Web Services, a key to profit engine and the central part of its commercial efforts in artificial intelligence, recorded a 19 -and -after -increase in sales increase at $ 28.8 billion. This was a little missing expectations.
That is one of the few Great technology Companies, including alphabet and Microsoft, which are racing to build a data center infrastructure to serve demand for AI systems. Amazon’s capital consumption in the fourth quarter was more than $ 26 billion, compared to about $ 13.5 billion a year before. His capital consumption was approximately $ 78 billion in total 2024, surpassing his promise to spend $ 75 billion.
The shares, which have increased by 41 percent in the last 12 months, reduced as many as 7 percent on Thursday in the store after working hours before returning to a fall of about 3 percent.
