Latest news with #AmazonShares
Bloomberg
2 days ago
- Business
- Bloomberg
Ackman's Pershing Details $1.3 Billion Size of Amazon Stake
Pershing Square Capital Management revealed that the Inc. stake it was building totaled nearly $1.3 billion at the end of June. Bill Ackman's firm first disclosed that it had built a new stake in the e-commerce company during an analyst call in May, after the stock tumbled more than 30% earlier this year over concerns about the generative AI boom and US tariffs. A regulatory filing Thursday showed that Pershing had accumulated more than 5.8 million Amazon shares.
CNA
01-08-2025
- Business
- CNA
Amazon shares drop after cloud unit results disappoint
LONDON :Amazon shares fell 7 per cent on Friday in Europe after the company delivered an upbeat outlook for third-quarter sales, but missed expectations for its cloud computing unit, after its competitors easily beat Wall Street forecasts. Shares in Frankfurt dropped by more than 7 per cent in opening trade. Amazon stock plunged by more than 7 per cent after-hours on Thursday, having ended the regular trading session up 1.7 per cent at $234.11.
Yahoo
01-08-2025
- Business
- Yahoo
Amazon shares drop after cloud unit results disappoint
LONDON (Reuters) -Amazon shares fell 7% on Friday in Europe after the company delivered an upbeat outlook for third-quarter sales, but missed expectations for its cloud computing unit, after its competitors easily beat Wall Street forecasts. Shares in Frankfurt dropped by more than 7% in opening trade. Amazon stock plunged by more than 7% after-hours on Thursday, having ended the regular trading session up 1.7% at $234.11. Sign in to access your portfolio
Yahoo
01-08-2025
- Business
- Yahoo
Amazon shares drop after cloud unit results disappoint
LONDON (Reuters) -Amazon shares fell 7% on Friday in Europe after the company delivered an upbeat outlook for third-quarter sales, but missed expectations for its cloud computing unit, after its competitors easily beat Wall Street forecasts. Shares in Frankfurt dropped by more than 7% in opening trade. Amazon stock plunged by more than 7% after-hours on Thursday, having ended the regular trading session up 1.7% at $234.11. Sign in to access your portfolio
