Summarize this content to 2000 words in 6 paragraphs in Arabic Unlock the Editor\u2019s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Amazon shares fell on Thursday as the ecommerce group posted a weaker than expected outlook for the first quarter, warning it anticipated an \u201cunusually large, unfavourable impact\u201d from a strong dollar. The Seattle-based group\u2019s fourth-quarter revenues \u2014 which includes the holiday shopping season \u2014 rose 10 per cent year on year to $187.8bn, Amazon said in on Thursday. Revenue came in above analysts\u2019 expectations in a Visible Alpha survey of $187bn.But it said it expected net sales in the current quarter to come in between $151bn-$155.5bn, well below forecasts for $158.5bn.\u00a0A strong dollar will knock first-quarter revenues by $2.1bn, Amazon said.The US dollar has risen about 3 per cent against a basket of six peers over the past 12 months, according to FactSet data. Amazon Web Services, a crucial engine for profit and the centrepiece of its commercial artificial intelligence endeavours, posted a 19 per cent increase in sales to $28.8bn. This fell slightly short of expectations. It is one of several Big Tech companies, including Alphabet and Microsoft, which are racing to build out data centre infrastructure to serve demand for AI systems. Amazon\u2019s capital spending in the fourth quarter was more than $26bn, up from about $13.5bn a year before. Its capital spending was roughly $78bn in 2024 overall, surpassing its pledge to spend $75bn. Shares, which rose 41 per cent in the past 12 months, were down as much as 7 per cent in after-hours trading on Thursday before recovering somewhat to a decline of about 3 per cent. <\/p>\n","protected":false},"excerpt":{"rendered":"
Summarize this content to 2000 words in 6 paragraphs in Arabic Unlock the Editor\u2019s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Amazon shares fell on Thursday as the ecommerce group posted a weaker than expected outlook for the first quarter, warning it anticipated an \u201cunusually large, unfavourable<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[],"class_list":{"0":"post-196152","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-tech"},"_links":{"self":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/196152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/comments?post=196152"}],"version-history":[{"count":0,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/196152\/revisions"}],"wp:attachment":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/media?parent=196152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/categories?post=196152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/tags?post=196152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}