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☆ Amazon set to report Q3 earnings after the bell
▼ + stars: | 2024-10-31 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +5 min

Amazon will report results for the third quarter after the bell Thursday. Earnings are growing much faster, due largely to Amazon CEO Andy Jassy's widespread cost-cutting efforts. Amazon is expected to report operating income of $14.7 billion during the quarter, up more than 31% from a year earlier, according to StreetAccount. During the third quarter, Amazon held its annual Prime Day megasale in July. WATCH: What to expect from Meta and Amazon earnings

Persons: Brian Olsavsky, Donald Trump, Olsavsky, Andy, Jassy, Jeff Bezos, Jassy's, Brad Erickson, CNBC's, megasale, Amazon, Oppenheimer, Jason Helfstein, SpaceX's, Helfstein, hasn't Organizations: LSEG, LSEG Revenue, Web, Paris Olympics, Amazon, CNBC, Nasdaq, RBC Capital Markets, Apple, Microsoft, Meta, Adobe Analytics, United Launch Alliance, . Space Force, Olsavsky Locations: U.S

☆ Amazon announces new $79 Echo Spot alarm clock
▼ + stars: | 2024-07-08 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +1 min

Amazon on Monday announced a new $79 Echo Spot alarm clock with a revamped design and improved audio quality. It marks the first upgrade to the device since Amazon introduced the Echo Spot in 2017. Amazon said members of its $139-per-year Prime program can purchase the new Echo Spot for $44.99 through July 17, when it is running its Prime Day megasale. Amazon is updating the Echo Spot as it is expected to overhaul Alexa, the voice assistant that powers its smart speakers, CNBC previously reported. The company typically makes a slew of announcements around its Echo and Alexa lines at its fall event, usually held in September.

Organizations: Amazon, CNBC

☆ Amazon says Prime Day will run July 16 and 17
▼ + stars: | 2024-06-25 | by ( Annie Palmer | In Annierpalmer | ) www.cnbc.com time to read: +1 min

Amazon 's Prime Day megasale will return on July 16 and 17, the company announced Tuesday. Amazon launched Prime Day in 2015 as a way to offer discounts exclusively to members of its mainstay subscription program. The event is also a big revenue driver for other retailers, who often hold competing events during or around Prime Day. Walmart on Tuesday announced its own "Walmart Deals" event that runs July 8 through July 11. WATCH: Amazon Prime Video drives down ad prices for competitors

Persons: Amazon Organizations: Amazon, Walmart, Amazon's, Adobe Analytics Locations: New York, U.S

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