On Thursday, it posted a loss of $2.7 billion for the full-year. The company’s stock lost nearly half of its value last year amid a broader sell-off of tech shares tied to rising inflation, interest rates and concerns about the wider economy. The earnings report closes a rough 2022 for Amazon. Analysts had been expecting $125 billion. It said it expects revenue of between $121 billion and $126 billion during the current quarter. fell 4% in after-hours trading.Īt the same time, Amazon said its overall revenue rose 9% to $149.2 billion, higher than the $145.7 billion analysts were expecting. The e-commerce giant said its bottom line was dented by a $2.3 billion write-down of the value of its stock investment in electric vehicle startup Rivian Automotive.Īmazon’s fourth quarter profits represent a significant drop from the $14.3 billion it posted during the same period in 2021, when the company had a nearly $12 billion gain from its investment in Rivian Automotive. Industry analysts were expecting the Seattle-based company to earn 17 cents a share, according to FactSet. Easily slipped over pillows.NEW YORK (AP) - Amazon on Thursday reported worse-than-expected fourth-quarter profits, but its revenue beat expectations boosted by sales in its cloud-computing unit AWS, which is also seeing a slow-down in growth.Īmazon said it earned $300 million, or 3 cents per share, in the October-December quarter. 'Did not disappoint,' one reviewer admits. Plus, they’re available on Amazon! Hurry, though! Shortly after launching, there are less than 20 left. Our suggestion? Opt for the set because once you experience one, you’ll definitely want another.

Additionally, you can buy them individually or in a set of two. The pillow covers, which are kid and animal-friendly also come in two sizes, 12 by 20 inches or 20 by 20 inches. You just style them on your sofa, bed, or favorite armchair, et voila! That’s why these new Mellanni pillows are having a moment, they don’t require much TLC. Genuine leather, on the other hand, requires constant moisturizing to avoid it drying out and becoming dull in color and rough to the touch. Not to mention, it’s much easier to clean. Vegan leather is a great alternative to the real stuff for anyone who wants low-maintenance decor because it tends to be more lightweight, flexible, and durable. Its latest launch? A set of vegan leather pillow covers in a delicious caramel-inspired shade. Don’t fret, you can still embrace the autumnal trend with pops of warm-toned leather, courtesy of Mellanni-Amazon’s favorite bedding brand. However, committing to a big-ticket piece of leather furniture like a buttery soft sofa or lounge chair may not vibe with the rest of your space. It’s like the pumpkin spice latte of home decor. Nothing says fall quite like cognac-colored leather. 'Hearst Magazines and Yahoo may earn commission or revenue on some items through the links below.'

This Is the Amazon Pillow Cover You Need for Fall Amazon

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