Amazon Tops Q4 Estimates with Strong Revenue and EPS Growth; Unveils New AI Shopping Assistant
- Amazon Q4 revenue beat expectations at $169.9B, up 14% year-over-year
- Q4 earnings per share of $1.00 also topped estimates
- Amazon Web Services revenue was $24.2B, roughly in line with forecasts
- Advertising revenue hit $14.7B, exceeding projections
- Company unveiled new AI-powered shopping assistant "Rufus" and plans major investments in AI tools