Amazon issues gloomy profit outlook
134d ago
Business
CNBC
Amazon released its latest earnings report, providing a snapshot of the company's performance amidst ongoing economic uncertainties, particularly related to tariffs. The report included a cautious profit outlook, suggesting that Amazon anticipates challenges in maintaining its growth trajectory. Investors are closely scrutinizing Amazon's strategies for navigating these tariff-related headwinds and their potential impact on the company's bottom line. The results highlight the broader economic pressures faced by multinational corporations operating in a complex global trade environment.