Amazon gives Wall Street mixed financial picture in earnings report

E-commerce company posts high cloud computing sales but gives a cautious sales forecast for the fourth quarter Amazon offered a mixed picture of its financial health on Thursday in its quarterly earnings report. The e-commerce company gave a cautious sales forecast for the curren

E-commerce company posts high cloud computing sales but gives a cautious sales forecast for the fourth quarter Amazon offered a mixed picture of its financial health on Thursday in its quarterly earnings report. The e-commerce company gave a cautious sales forecast for the current fourth quarter, which encompasses the critical holiday shopping period, after delivering fiscal third-quarter results that came in below Wall Street analysts’ expectations. Continue reading...