Amazon delivered a mixed financial picture on Thursday with its latest quarterly earnings report, according to The Guardian. The e-commerce giant posted strong cloud computing sales but offered a cautious outlook for the current fourth quarter, which covers the critical holiday shopping period. The company's fiscal third-quarter results fell short of Wall Street analysts' expectations, the Guardian reported. Despite the high cloud computing revenue, the subdued sales forecast for the upcoming quarter painted a tempered picture of Amazon's financial health.
Source: The Guardian.
