Again punishments Amazon for cloud business

The quarterly balance of Amazon is bad on Friday on the US exchanges arrived. Had Microsoft and the Facebook group Meta The previous day can still fully convince with their numbers, Amazon shares fell 6 percent in early trade. However, the course had increased by 45 percent in the past four months.

The world’s largest online retailer disappointed the Börsians with the growth of his cloud division AWS and a cautious profit view. In the operational result this year, the group expects $ 15.5 to 20.5 billion. The consensus estimate of analysts at $ 19.4 billion is more at the top of this range.

The growth of the Cloud division AWS in the past quarter with 17.5 percent was just average on the average of market expectations. AWS relies on the AI boom and competes with the Cloud areas of Microsoft
and Google . These recently had significantly higher growth rates.

“AWS clearly stood in the spotlight, and it doesn’t shine as bright as expected,” wrote analyst Matt Britzman from the British Broker Hargreaves Lansdown. While Microsoft and the Google Holding Alphabet had recently demonstrated strength with the cloud growth, AWS from Amazon was not the hoped-for great success.