11 publishers · first seen Wed, 28 Oct 2026 21:42 UTC · updated Fri, 30 Oct 2026 11:41 UTC
The latest reports indicate that the company gave a cautious sales outlook for the current fourth quarter, which includes the holiday shopping period, after third‑quarter results fell short of Wall Street expectations. At the same time, the firm highlighted strong growth in its cloud computing unit.
Analysts noted that the cloud unit’s sales rose sharply year over year, marking the fastest growth rate in nearly five years, while shares fell in after‑market trading following the earnings release.
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