Amazon (AMZN) / Jeff Bezos

[behappyalways]

Amazon Makes Sweeping Overhauls Of Grocery Business To Compete With Walmart, Kroger
https://www.zerohedge.com/markets/were- ... te-walmart

[winston]

not vested

The company has raised prices to its sellers, reduced the ability for customers to return items, and continues to cut its own costs to improve margins.

Their earnings report last Thursday demonstrated that these initiatives are gaining traction.

Source: Macrovisor

[winston]

not vested

Target Price* USD 175.00
Recommendation BUY

Amazon.com Inc. - Efficiency enhancements bearing fruit

2Q23 revenue was in line with our expectation, while earnings exceeded.

1H23 revenue/PATMI at 47%/68% of our FY23e forecasts.

Earnings outperformance was due to higher-than-expected gross margins.

Revenue grew 10.8% YoY, beating top-end of company guidance.

AWS was up 12% and growth seems to have bottomed out.

We upgrade to a BUY rating with an increased DCF target price of US$175.00 (prev. US$120.00), with a WACC of 6.4% and terminal growth rate of 5%.

We increase our FY23e PATMI forecast by 39% to account for the higher margins as well as the lower CAPEX spending plans.

Source: Phillips

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

[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