Amazon (AMZN) / Jeff Bezos

[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

[behappyalways]

How Amazon Haul Is Taking On Temu With Cheap Goods From China
https://m.youtube.com/watch?v=UT6C93PM61I

[winston]

not vested

Amazon.com projected profit in the current quarter that fell short of analysts’ estimates, suggesting the company continues to ramp up spending to support artificial intelligence (AI) services.

Operating income will be US$14 billion to US$18 billion in the period ending in March, the company said on Thursday.

Analysts, on average, projected US$18.2 billion, according to data compiled by Bloomberg.

First-quarter sales will be as much as US$155.5 billion, compared with an average estimate of US$158.6 billion.

Source: Philiips

[winston]

Amazon stock falls after first quarter sales outlook disappoints

by Hamza Shaban and Daniel Howley

Beating on the top and bottom lines, but providing worse-than-anticipated Q1 guidance.

The company says it sees Q1 revenue of between $151 billion and $155 billion. Analysts were anticipating $158 billion.

Anticipates an unusually large, unfavorable impact of approximately $2.1 billion, or 150 basis points, from foreign exchange rates.

AWS Q4 revenue came in at $28.7 billion, just shy of expectations of $28.8 billion.

Expects to spend roughly $105 billion in capital expenditures in 2025 compared to US$75b in 2024.

Source: Yahoo Finance

https://finance.yahoo.com/news/amazon-s ... 45188.html

[winston]

not vested

On Thursday, Amazon reported results that bested expectations for its fourth quarter.

The company reported that earnings increased 86% year-over-year to $1.86 per share. Analysts were expecting earnings of $1.48 per share.

Revenue rose 10.5% year-over-year to $187.8 billion, topping estimates for $187.2 billion.

Amazon Web Services (AWS), disappointed Wall Street. For the quarter, AWS brought in $28.7 billion in revenue – a growth of 19%, just shy of expectations of $28.8 billion.

Meanwhile, advertising revenue jumped 18% to $17.3 billion but also fell short of expectations for $17.4 billion.

Announcing a planned $100 billion in capital expenditures next year.

On the note of looking ahead, I should mention that Amazon also issued weak guidance for its first quarter in a range of $151 billion and $155 billion. Analysts were expecting projections of $158 billion.

So, despite the earnings and revenue beats, the AWS miss combined with the capital expenditure plans weighed on investors. As a result, AMZN was down nearly 4% in Friday trading, as of this writing.

Source: Investor Place

[winston]

not vested

Amazon.com Inc (AMZN US)

Recommendation : BUY
Fair Value : USD 274.00

EXPECT TO SEE MORE FROM HEAVY INVESTMENT
A healthy set of 4Q24 results across its segments
Still optimistic on AWS in the medium to long term but expect lumpy growth over the short term
Maintain Buy rating and revise up fair value to USD274 (from USD260)

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

[winston]

not vested

<Results Analysis> Amazon.com Inc. (AMZN) – 4Q24 Results Beat Expectations; Conservative 1Q25 Guidance and Elevated Capex Raise Concerns

4Q24 operating income reached USD 21.2bn (+61% y/y; +21% q/q), surpassing street estimates by 15%, driven by heightened seasonality.

Operating margin expanded by 400 basis points y/y to 11.3%, an all-time high, driven by significant gains in the international commerce segment.

AMZN projects 1Q25 operating income between USD 14-18bn, with the midpoint below the street estimate of USD 18.3bn.

Source: DBS

https://www.dbs.com/insightsdirect/comp ... ecid=23584

[behappyalways]

How $AMZN makes money
https://x.com/Mayhem4Markets/status/1888798839416430948