Amazon (AMZN) / Jeff Bezos 02 (Nov 18 - Dec 26)

[behappyalways]

​​​​​​​Amazon & OpenAI Strike $38 Billion Compute Deal As Microsoft Exclusive Ends
https://www.zerohedge.com/ai/amazon-ope ... usive-ends

[behappyalways]

Amazon Sending $1.5 Billion In Automatic Refunds To Customers: 4 Things To Know
https://www.zerohedge.com/political/ama ... hings-know

[behappyalways]

Amazon Cuts 16,000 Jobs As Tech Layoffs Accelerate In 2026
https://www.zerohedge.com/markets/amazo ... erate-2026


Amazon Exits Experimental Grocery Stores, Will Focus On Whole Foods, 'Supercenters'
https://www.zerohedge.com/markets/amazo ... percenters

[winston]

not vested

<Results>Amazon 4Q Profit Up 6% Slightly Misses; Capex Expected at USD200B This Yr; Shrs Dive ~9% After Hrs

Amazon (AMZN.US) announced that its net profit for the fourth quarter rose 6% YoY to USD21.2 billion, with an EPS of USD1.95, below the expected USD1.97.

Revenue was USD213.4 billion, topping the previous estimate of USD211.3 billion. The stock's price slid nearly 9% after hours.

It expects capex to keep rising this year, thus raising its full-year capex forecast to USD200 billion, way beyond the market expectation of USD146.6 billion.

Source: AASTOCKS Financial News

http://www.aastocks.com/en/stocks/news/ ... -news/AAFN

[winston]

not vested

4Q Results

For the fourth quarter, the company reported $213.4 billion in revenue, up 13.6% year over year, and topping Wall Street’s revenue expectations of $211.5 billion.

It also reported earnings of $1.95 per share, which was a penny short of Wall Street’s estimate.

Amazon Web Services remained a key growth engine, generating $35.6 billion in revenue during the quarter. But despite those results, Amazon’s shares fell as much as 10% on Friday after the company outlined gargantuan spending plans and a softer-than-expected guidance.

In short, management expects to spend $200 billion on capital expenditures in 2026, as it ramps up investment across AI, chips, robotics and other long-term initiatives. That was also well above market estimates of about $146 billion.

At the same time, Amazon forecast operating income of between $16.5 billion and $21.5 billion for the coming quarter, below expectations of roughly $22.2 billion.

That combination – heavier spending now and more modest near-term profitability – appeared to dampen the mood.

Still, the market’s reaction made one thing clear: Investors are increasingly focused on the timing of those returns, not just their potential.

Source: Market 360

[winston]

not vested

AI-Fueled AWS Acceleration Lifts Profits, Capex Ramps Further

Adjusted (Adj) net profit reached USD23.1bn (+15% y/y, +33% q/q) ~9% above street, supported by adj operating margin surprise partially offset by the higher-than-expected tax rate

Revenue rose to USD213bn (+14% y/y, +18% q/q) inline with consensus with increase driven by AWS growth of 24% y/y to USD35.6bn (up 8% q/q) and solid holiday-season e-commerce performance

Capex intensity remains elevated, with management guiding ~USD200bn (~53% y/y) of capex for 2026 as AI and data-centre buildout accelerates

Source: DBS

https://www.dbs.com/insightsdirect/comp ... ecid=29518

[winston]

not vested

Target Price* US 280
Recommendation BUY

Amazon.com Inc. - US$200bn CAPEX in FY26

4Q25 adjusted PATMI were in line with expectations, while revenue outperformed due to strength in AWS (+24% YoY), the fastest growth in 13 quarters. FY25 Revenue/Adjusted PATMI were at 101%/100% of our FY25e forecasts.

TTM free cash flow -71% YoY due to increased investment in AI. AMZN has guided +60% YoY CAPEX spend in FY26e.

We increase our FY26e revenue by 2% and PATMI by 4% to account for the growing demand in AWS as well as continued cost discipline efforts in the retail segment.

We increase our FY26e CAPEX by 30% to account for the higher-than-expected AI investment.

We also reduce equity beta from 0.8 to 0.75 because AMZN’s earnings volatility has declined structurally, with AWS now representing a larger share of operating profit.

We roll over another year of valuations and decrease our DCF target price to US$280 (prev. US$290).

We upgrade our recommendation from ACCUMULATE to BUY due to the recent price rally.

Source: Phillips

https://www.poems.com.sg/stock-research/AMZN/

[winston]

not vested

Should You Buy the Post-Earnings Dip in Amazon Stock?

by Anushka Dutta

CapEx is expected to climb to $200 billion in 2026.

The company’s total net sales increased 14% year-over-year (YOY) to $213.39 billion, exceeding the $211.46 billion that Wall Street analysts had expected.

Amazon’s online store sales increased by 10% from the prior-year period to $82.99 billion.

The AWS segment grew the fastest in 13 quarters, increasing by 24% YOY to $35.58 billion. The segment also reported a high operating income of $12.47 billion during the quarter.

Overall, Amazon’s operating income increased by 18% from its year-ago value to $24.98 billion.

Source: Bar Chart

https://finance.yahoo.com/news/buy-post ... 29804.html

[winston]

not vested

As Amazon ‘Scrambles to Catch Up,’ 1 Analyst Is Jumping Ship on AMZN Stock

by Subhasree Kar

Amazon is “losing the lead” in cloud computing and is “scrambling to catch up through escalating investment,” particularly against rivals like Alphabet (GOOG) (GOOGL) and Microsoft (MSFT).

Source: Barchart

https://finance.yahoo.com/news/amazon-s ... 44749.html