The Seattle-based e-commerce and technology company said its revenue for the October-December period totaled $187.8 billion, a 10% jump compared to the same period in 2023. Profits came out to $20 billion while earnings per share reached $1.86, higher than the $1.49 that analysts surveyed by FactSet had anticipated.

Amazon delivered a strong set of financial results in the fourth quarter, with revenue in the holiday span rising 10% from a year ago to $187.8 billion and earnings nearly doubling to $1.86. Shares in the tech giant slumped on the earnings news,

Investors might be concerned that Roblox's growth momentum is slowing down. The 21% year-over-year growth in bookings was strong, but not when compared to the 25% growth rate Roblox reported in the fourth quarter of last year. Growth rates in the daily active user base, as well as in average bookings per user, both declined as well.