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

[winston]

not vested

Amazon.com said it would spend £8 billion (S$13.6 billion) in the United Kingdom to grow its cloud business, adding to a string of recent expansion moves in Europe and giving Britain’s new Labour government a welcome investment boost.

The five-year investment by Amazon Web Services (AWS) in data centres will support up to 14,000 jobs and contribute £14 billion to UK GDP between 2024 and 2028.

Amazon has committed tens of billions of US dollars for expanding AWS globally, announcing similar long-term projects in Germany, Mexico, the US, Saudi Arabia and Singapore this year.

AWS, the world’s largest provider of cloud computing services and data storage via massive server farms, is facing increasing competition from rivals such as Microsoft, which is mounting its own global expansion.

Source: Phillips

[behappyalways]

Amazon Jumps On Record AWS Profit Margin, Solid Holiday Quarter Guidance
https://www.zerohedge.com/markets/amazo ... e_vignette


How $AMZN makes money
https://x.com/Mayhem4Markets/status/1852125091431354433

[winston]

not vested

The Magnificent Seven’s Fate After Election Day

by Eric Fry

Amazon.com Inc. (AMZN) reported its third-quarter earnings on Thursday, delivering $158.88 billion in revenue and $1.43 earnings per share.

While Amazon Web Services (AWS) revenue fell slightly below market expectations, the division continues to show growth compared to the previous year.

The company significantly ramped up its investments, with spending spiking 81% year-over-year from $12.48 billion to $22.62 billion, primarily focused on expanding data center capabilities and investing in Nvidia’s GPUs to back its ongoing AI infrastructure plans.

Source: Smart Money

[winston]

Amazon - Stock Analyst Research
Target Price* 240.00
Recommendation ACCUMULATE

Amazon.com Inc. – Strong Third-Quarter Profitability

3Q24 revenue was in line with expectations.

PATMI increased by 73% YoY due to continued cost-reduction efforts and increasing profitability and contribution from AWS.

9M24 Revenue/PATMI was at 70%/79% of our FY24e forecasts.

+19% YoY AWS growth was the main driver of total revenue.

AWS operating margin increased 6.8% YoY to 38.1% due to cost control and the extension of server useful life, contributing to AMZN’s overall 3.2% YoY operating margin expansion.

We keep our FY24e revenue unchanged but increase PATMI by 6% to reflect the improving efficiencies, lowered costs, and higher operating margins from retail and AWS.

We raise our DCF target price to US$240 (prev. US$220).

We downgrade our recommendation from BUY to ACCUMULATE as we account for recent share price performance.

We believe AMZN is well-positioned in generative AI and should benefit as cloud migration remains in its early stages.

Source: Phillips

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

[behappyalways]

Made In China, Sold On Amazon
https://www.zerohedge.com/markets/made- ... old-amazon

[behappyalways]

Amazon’s unmanned store turns around again and enters the stadium with the help of AI computing

亞馬遜無人商店再轉身 靠AI運算助力進駐球場｜FOCUS午間新聞 20241113‪@tvbsfocus‬

https://m.youtube.com/watch?v=FVBXlt1HiCs

[behappyalways]

To fight the low-price war among Chinese e-commerce companies, Amazon launches products worth US$10 to compete.
Amazon plans to develop smart glasses to improve delivery efficiency of delivery workers.

對抗陸電商低價戰 亞馬遜推10美元商品應戰 亞馬遜擬開發智慧眼鏡 提升送貨員配送效率｜非凡財經新聞｜20241115

https://m.youtube.com/watch?v=azFwWk2o_bI

[winston]

not vested

Amazon.com Inc (AMZN US)
Recommendation : BUY
Fair Value : USD 260.00

POSITIVE MOMENTUM TO CONTINUE IN 2025

• Amazon achieved record-breaking sales and items sold during this year’s Black Friday Week and Cyber Monday holiday shopping event

• Encouraging highlights from AWS re:Invent 2024 event – Generative artificial intelligence (GenAI) to continue improving productivity and efficiency

• Maintain Buy rating and revising fair value to USD260, up from USD235

Amazon holds a leading position in the e-commerce industry, possessing unrivalled scale in its operations. It operates through three segments: North America, International, and Amazon Web Services (AWS).

Amazon has established itself in consumers' minds through its reputation for low prices and an unparalleled selection of choices, resulting in intangible assets such as strong branding and technology, including search capabilities and recommendation engines.

Amazon not only manufactures and sells electronic devices, including Kindle, Fire Tablet, Fire TV, Echo, but also develops and produces media content.

Furthermore, Amazon offers AWS to developers and enterprises of all sizes, including start-ups, government agencies, and academic institutions, through a wide range of on-demand technology services, including compute, storage, database, analytics, machine learning, and other services.

Source: OCBC

[behappyalways]

Amazon truck drivers stage 'largest strike' in 4 states and 7 locations
亞馬遜卡車司機 4州7地「最大規模罷工」｜秦綾謙｜FOCUS全球新聞 20241220 ‪@tvbsfocus
https://m.youtube.com/watch?v=q-ePIQ_mG-A

[behappyalways]

AI assists Amazon in its year-end shopping season, optimizing warehousing and transportation to reduce carbon emissions

AI助攻亞馬遜年底購物季 優化倉儲與運送減碳排｜FOCUS午間新聞 20241224‪@tvbsfocus

https://m.youtube.com/watch?v=FD-OllfXOu8