Amazon's Q1 Earnings: Slower Growth and High Expectations

1 min read
Source: The Wall Street Journal
Amazon's Q1 Earnings: Slower Growth and High Expectations
Photo: The Wall Street Journal
TL;DR Summary

Amazon is expected to report slower sales growth in Q1 2023 due to falling demand for cloud computing and a cost-cutting plan. Analysts predict $124.6 billion in sales, or about 7% growth, and $2.2 billion in profit, an improvement from the previous year.

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