Robert Hof
Latest from Robert Hof
Earnings preview: Web services could power Amazon’s Q1 profits
When Amazon.com Inc. reports its first-quarter earnings on Apr. 28, investors will be looking beyond how many books and diapers the retailer sold. They may be just as interested in a business that has been making waves throughout the technology industry: Amazon Web Services. Lately the retailer’s cloud business, which provides computing and storage services ...
Cloud data centers and moonshots weigh on Google’s Q1 profits
Google parent company Alphabet Inc. surprised investors today with first-quarter earnings that came in shy of expectations, knocking its stock down about 6 percent in trading after the market closed. Although Alphabet posted revenues of $20.3 billion, up 17 percent and very nearly at what analysts expected, profits fell short. Operating profits before certain expenses ...