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Amazon’s high-margin cloud business helps offset its lower-margin retail operation: Jefferies’ Thill

DeFi Daily News by DeFi Daily News
July 16, 2024
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Amazon’s high-margin cloud business helps offset its lower-margin retail operation: Jefferies’ Thill
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Brent Thill, Jefferies tech research analyst, joins ‘Squawk Box’ to discuss Amazon’s annual Prime Day event, the importance of the company’s AWS cloud business, and more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g

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Tags: Amazonsbreaking newsbusinessbusiness newsCablecable newsCloudcnbcfinance newsfinance stockfinancial newsHelpshighmarginJefferieslowermarginMoneymoney tipsnews channelnews stationoffsetoperationRetailSquawk Box U.S.Stock marketStock market newsstocksThillus newsworld news
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