Amazon (AMZN) / Jeff Bezos

[behappyalways]

Amazon Cancels Or Delays Plans For At Least 16 Warehouses This Year
https://www.zerohedge.com/markets/amazo ... ouses-year

[winston]

vested

This Stock Has a Strong Base and Is a Buy Today

by Nicolas Chahine

The company almost tripled revenues and net income since 2019.

Profitability may stumble a bit with the higher gas prices but they can adjust. With metrics this strong, by definition dips remain buying opportunities

Source: Investor Place

https://tradesoftheday.com/2022/07/07/t ... buy-today/

[winston]

vested

Private label

Amazon (AMZN) is reducing the number of items it sells under its own brands by well over half, and the company has discussed the possibility of exiting the private-label business entirely.

Disappointing sales for many of the items has led the online retail behemoth to scale back certain household brands, but the broader move is aimed at alleviating regulatory pressure, according to the WSJ.

In recent years, U.S. lawmakers and the European Commission have blamed Amazon for giving advantages to its own brands at the expense of products sold by millions of other vendors on its site.

Backdrop: Amazon’s private-label business began in 2009 with consumer electronics, but quickly expanded into other categories. As of 2020, the collection encompassed 243,000 products across 45 different brands that range from home goods to clothing (think Amazon Basics, Solimo, Goodthreads, etc.). Amazon maintains that its house brands only account for about 1% of its retail sales, and that it competes fairly and in a way that benefits its customers.

The retail giant announced that members purchased more than 300M items worldwide during Prime Day 2022, making it the single biggest event in its history.

Source: Seeking Alpha

[behappyalways]

Reverse Bullwhip Arrives: Amazon Prime Day Blows Away Record Thanks To "79% Off" Discounts
https://www.zerohedge.com/economics/rev ... -discounts

[winston]

vested

Amazon announced it would buy primary-care company One Medical for $18 a share

The latest move by the e-commerce giant to muscle into the healthcare market.

The all-cash transaction has an equity value of $3.49 billion.

In recent years, the retail giant built by Jeff Bezos has launched an online drug store, following its acquisition of mail-order pharmacy PillPack, and started a primary-care clinic for its employees and some other companies.

Source: Bloomberg

[winston]

not vested

Barron's mentions: Amazon (AMZN) makes the cover this week just ahead of the e-commerce giant's earnings report

The bullish points laid out on Amazon include an advertising business that has annualized revenue of close to $40B, which is nearly four times the size of Twitter (TWTR) and Snap (SNAP) combined.

Amazon is also said to have turned into a media powerhouse with the weekly NFL rights to a key night, as well as a growing logistics powerhouse that increasingly rivals FedEx (FDX) and United Parcel Service (UPS).

Of course, there is also the AWS business that accounts for 16% of the company's sales and more than 100% of its profit to offset the money-losing businesses.

Redburn Research analyst Alex Haissl made the case that AWS is now the strongest cloud provider overall, with a platform that includes raw data storage, database software, applications, and analytics.

That makes a potential AWS spinoff down the road an enticing reason to buy Amazon now with shares down more than 30% YTD.

Source: Barron's

[winston]

Is Amazon Stock a Buy?

Slowing sales growth, higher costs and the Rivian investment write-down, have pressured the stock.

After recording a surprising net loss in Q1, the company is expected to generate EPS of less than $1.00 this year, following EPS of $3.24 in 2021.

However, a sharp turnaround is anticipated for 2023. That’s when the Street is projecting that earnings will again approach the $3.00 level after management hits the reset button by focusing on productivity gains and the optimization of its vast retail empire.

Meanwhile, Amazon’s less talked-about AWS cloud business is expected to keep delivering strong growth. The division generated record revenue last quarter and is the clear profit producer for the company despite all the attention around Prime and e-commerce activity.

Source: Market Beat

[winston]

not vested

Amazon Prime plans inflation-busting 31% price hikes in Europe

by Benoit Berthelot

Increasing the cost of its Prime subscription in the UK, Germany, France, Spain and Italy.

Source: Bloomberg

https://www.theedgemarkets.com/article/ ... kes-europe

[winston]

not vested

Amazon Stock Soars As Q2 Revenue Beat Offsets $2 Billion Net Loss

by MARTIN BACCARDAX

2Q loss was pegged at $2 billion.

Rivian cost the group around $3.9 billion.

Revenues rose 7.2% from last year to $121.2 billion.

Amazon Web Services contributed $19.74 billion, rising 33% from last year.

Ad sales were also higher, rising 18% to $8.76 billion.

Online store sales, however, fell 4.3% to $50.885 billion.

Source: The Street

https://www.thestreet.com/markets/amazo ... Net%2BLoss

[behappyalways]

Amazon Soars After Smashing Top-Line Expectations Thanks To Solid AWS, Blows Away Guidance
https://www.zerohedge.com/markets/amazo ... y-guidance