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Amazon Results Are a ‘Sandbag Special,’ Wedbush’s Ives Says

DeFi Daily News by DeFi Daily News
February 6, 2025
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Amazon Results Are a ‘Sandbag Special,’ Wedbush’s Ives Says
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Dan Ives, Wedbush Securities managing director and global head of tech research, reacts to Amazon’s first-quarter forecast. He speaks on “Bloomberg The Close.” Amazon projected operating income of $14 billion to $18 billion for the current quarter, below analysts’ estimates of $18.2 billion.

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Tags: aiAlix SteelAmazonAmazon PrimeAmazon Web ServicesAmazon.com Inc.artificial intelligenceAWSCloudDaniel Ivesdata centersEarningsecommerceIvesPackagesresultsRetailRetailingSandbagScarlet FuSpecialTechTech earningsWedbushs
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