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

[behappyalways]

How Amazon Is Making Custom Chips To Catch Up In Generative A.I. Race
https://m.youtube.com/watch?v=rViVFrQg4Hk

[behappyalways]

How long can Amazon power earnings growth through fee stacking? This is just the latest of many such hikes.
https://twitter.com/Mayhem4Markets/stat ... 5122328700

[behappyalways]

$AMZN is hiring 250K seasonal workers in 2023 vs 150K in 2022/21
https://twitter.com/DanielTNiles/status ... 2669075894


Amazon Announces Plans To Hire 250,000 Logistics Workers For Holiday Season
https://www.zerohedge.com/markets/amazo ... day-season

[behappyalways]

Commercials Set To Invade Amazon Prime Video Unless You Pay New 'Ad Free' Fee
https://www.zerohedge.com/technology/co ... d-free-fee

[winston]

not vested

Up Over 50% So Far in 2023, Wall Street Analysts Think This Stock Could Go Even Higher

by Keith Speights

On Sept. 22, 2023, Amazon announced that its Prime Video streaming service will begin including advertisements beginning in early 2024.

Viewers who don’t want ads displayed when watching Prime Video movies and shows will have a way to skip the ads. Amazon will offer an ad-free option for an additional $2.99 per month for Prime Video customers in the U.S. Pricing for other countries will be released later.

The stock trades at a forward price-to-earnings ratio of over 39x, more than twice the level of the S&P 500‘s forward earnings multiple.

Source: The Motley Fool

https://dailytradealert.com/2023/09/27/ ... en-higher/

[winston]

not vested

Amazon (AMZN) is a Strong Buy

by Derek Lewis

Currently, the Zacks Consensus EPS Estimate of $0.58 suggests a 190% improvement from the year-ago quarter, with our $141.9 billion quarterly revenue estimate implying growth of 11.6% year-over-year.

Source: Zacks

https://dailytradealert.com/2023/10/11/ ... trong-buy/

[behappyalways]

Robo-Takeover: Amazon Tests Humanoid Robot In Fulfillment Center
https://www.zerohedge.com/markets/robo- ... ent-center

[winston]

not vested

Buy This Stock Now, You’ll Never Regret It

by Chris MacDonald

Amazon’s advertising division is a notable growth driver, with Q2 sales rising 22% year-over-year.

Amazon Embarking in Healthcare,

Amazon is launching Amazon Bedrock, a fully managed generative AI service for businesses, offering a range of foundation models and AI capabilities.

Strong cash flow enables the company to make bold investments that outpace rivals, promising improved earnings in 2023 and beyond.

Source: Investor Place

https://tradesoftheday.com/2023/10/23/b ... regret-it/

[winston]

not vested

Amazon reported third-quarter earnings and revenue on Thursday that sailed past estimates.

Earnings per share was 94 cents vs. 58 cents expected while revenue came in at US$143.1 billion vs. US$141.4 billion expected.

In terms of the segment numbers, Amazon Web Services generated US$23.1 billion vs. US$23.2 billion in expected revenue and Advertising generated US$12.1 billion vs. US$11.6 billion in expected revenue.

Amazon said fourth-quarter sales, which include the key holiday period, will be between US$160 billion and US$167 billion. Analysts were expecting revenue of US$166.6 billion.

At the mid-point of its guidance range, revenue of US$163.5 billion would represent growth of 9.6% from US$149.2 billion a year earlier.

Revenue jumped 13% in the third quarter, a sign that the business is seeing some acceleration after a difficult 2022 that was marred by soaring inflation and rising interest rates.

Sales in Amazon’s core e-commerce business continued to recover, expanding 7% year over year, after growing 4% in the previous quarter.

The September quarter includes the results of this year’s Prime Day promotion, which took place in July.

Digital advertising continues to be a bright spot for Amazon, as third-party sellers and large brands bolster their ad spending to improve visibility in an increasingly competitive marketplace.

Ad revenue soared 26% from a year earlier.

In cloud, however, Amazon appears to be giving up some market share. Amazon Web Services, which leads Microsoft Azure and Google Cloud, showed growth in the quarter of 12%. Microsoft earlier this week said Azure revenue jumped 29%, and Google Cloud expanded by 22%.

Source: Phillips

[winston]

noy

Amazon - Stock Analyst Research
Target Price* 190.00
Recommendation BUY

Amazon.com Inc. - Margins expansion still the main story

3Q23 revenue was in line with our expectation, while earnings exceeded.

9M23 revenue/PATMI was at 73%/98% of our FY23e forecasts.

Earnings outperformance was due to higher-than-expected gross margins and lower-than-expected operating expenses.

Operating income more than tripled YoY due to the benefits of network regionalisation in the US, easing inflation, strong advertising growth and lower headcount.

AWS growth has stabilised as the rate of customer cost-optimisation continues to attenuate.

We maintain a BUY rating with an increased DCF target price of US$190.00 (prev. US$175.00), with a WACC of 6.4% and terminal growth rate of 5%.

We increase our FY23e revenue/PATMI forecasts by 2%/31% to account for the higher-than-expected operating leverage.

Source: Phillips

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