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Top related persons:
Tom Forte - 3 Davidson's Gil Luria Gil Luria - 1 D.A - 1 Davidson - 1 Andy Jassy - 1 Andy - 1 Andy Jassy's - 1 CNBC's - 1
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Seattle
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Maxim Group - 4 AWS - 2 Amazon - 1 Seattle - 1 Revenue - 1 Amazon Web Services - 1 Technology - 1 Microsoft - 1

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4 mentions found


☆ AWS is now catching up with AI and 'in a position to lead', says D.A. Davidson's Gil Luria
  + stars: | 2024-04-30 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAWS is now catching up with AI and 'in a position to lead', says D.A. Davidson's Gil LuriaGil Luria, D.A. Davidson senior analyst, and Tom Forte, Maxim Group managing director, join 'Closing Bell Overtime' to talk Amazon quarterly results.
Persons: Davidson's Gil Luria Gil Luria, D.A, Davidson, Tom Forte Organizations: AWS, Maxim Group
☆ Amazon cost cuts drive operating margin into double digits for first time
  + stars: | 2024-04-30 | by ( Annie Palmer Ari Levy | Annie Palmer | In Annierpalmer | ) www.cnbc.com   time to read: +4 min
For most of its 27 years as a public company, Amazon investors have been asked to sacrifice profit for growth. In its first-quarter earnings report on Tuesday, Amazon's operating margin reached double digits for the first time on record. Operating income more than tripled in the quarter to $15.3 billion, while net income also jumped more than 200% to $10.4 billion. Almost two-thirds of operating income for all of Amazon came from AWS, which is now generating over $100 billion in annualized revenue. Operating income will be $10 billion to $14 billion, up from $7.7 billion a year earlier.
Persons: Andy Jassy, Andy, Andy Jassy's, Tom Forte, CNBC's, Brian Olsavsky, Olsavsky, That's, Jassy, he's Organizations: Amazon, Seattle, Maxim Group, Revenue, Amazon Web Services, AWS, Technology, Microsoft, Google Locations: Seattle
☆ Call of the Day: is Apple 'dead money'?
  + stars: | 2024-04-17 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCall of the Day: is Apple 'dead money'? The Investment Committee debate whether Apple is "dead money" according to a note from Maxim Group.
Organizations: Apple, Maxim Group
☆ Maxim's Tom Forte talks why he thinks Apple is 'dead money'
  + stars: | 2024-04-17 | by ( ) www.cnbc.com   time to read: 1 min
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMaxim's Tom Forte talks why he thinks Apple is 'dead money'Tom Forte, Maxim Group managing director, joins 'Closing Bell Overtime' to explain why he thinks Apple is dead money after downgrading the stock to hold.
Persons: Tom Forte, Apple Organizations: Maxim Group
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