fourthquarter

Columbia CEO says warm winter hit company’s fourth-quarter sales | Top Vip News

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[ad_1] The CEO of Columbia Sportswear told CNBC’s Jim Cramer on Friday that the company still relies heavily on winter weather for sales and is looking for opportunities to venture out after reporting disappointing fourth-quarter earnings. Columbia, known for its winter clothing, faces challenges with a warming climate. According to the European Union’s Copernicus Climate … Read more

Amazon Shares Rise 8% as AI-Powered Cloud Business Drives Fourth-Quarter Revenue Growth and Sales Jump 14% | Top Vip News

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[ad_1] Amazon.com beat fourth-quarter revenue expectations as new generative artificial intelligence (AI) capabilities in its cloud and e-commerce businesses spurred strong growth over the holiday period. Amazon shares rose as much as eight percent in after-hours trading, boosted by the rally following quarterly results. Amazon’s list of high-spending enterprise customers has given it stable growth … Read more