2min chapter

This Week in Startups cover image

Google, Amazon & Apple earnings + OK Boomer with Slush CEO | E1672

This Week in Startups

CHAPTER

Amazon Web Services Revenue Is Slowing

Amazon stock is down around 5% after beating on revenue, but providing weak guidance for quarter one. Amazon's ad business as opposed to Google's is absolutely crushing it. Q4 advertising revenue was $11.6 billion and that was up 19% year over year,. And the annual store revenue was $64.5 billion. But we see a slowing Amazon Web Services.

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