Amazon (AMZN) / Jeff Bezos

[winston]

not vested

Amazon

Revenue increased just 9% last year to $514 billion.

The company posted an adjusted loss of $0.27 per share as compared to a profit of $3.24 per share in the prior year. However, 2023 is expected to be a turnaround year for Amazon as far as its bottom line is concerned.

The company’s top-line growth is also expected to gather momentum, growing in the high single digits in 2023 and then in the double-digits from next year.

A slight improvement in the e-commerce market’s prospects, robust growth in cloud spending, and Amazon’s growing influence in the advertising business, are some of the reasons the company’s fortunes should start picking up.

For instance, Amazon should benefit from easier comps in the e-commerce business in 2023. The global e-commerce market grew by just 7.1% in 2022 following a 16.8% increase in 2021. The market is expected to grow at a slightly better pace of 8.9% in 2023.

Meanwhile, global cloud infrastructure spending is anticipated to jump an impressive 23% this year, according to Canalys. Amazon’s 32% share of this market makes it the leader in the cloud infrastructure services space and puts the company on track to make the most of the solid growth opportunity available there.

Investors, however, should note that emerging tech trends such as generative artificial intelligence (AI) could help Amazon record faster growth in 2023 and beyond. Generative AI company Stability AI, which is known for its popular text-to-image model Stable Diffusion, has made Amazon Web Services (AWS) its preferred provider of cloud services. Stability AI will use AWS to scale and build its generative AI model.

Given that the generative AI market is expected to clock rapid annual growth of 34% through the end of the decade, demand for cloud-enabled AI services should increase at a nice pace. Mordor Intelligence estimates that the cloud AI market could grow at 22% a year through 2027, and Amazon’s share of this market means that it could become a big beneficiary of this terrific growth.

The stock is trading at just 2 times sales, a discount to the S&P 500’s price-to-sales ratio of 2.4.

Source: Trade Of The Day

[winston]

not vested

Amazon, Inc. (AMZN) is up on deck with its first-quarter earnings results after market close on Thursday, April 27.

Analysts estimate earnings of $0.22 per share, up from earnings loss of $0.38 per share in the same quarter a year ago.

Revenue is expected to increase 7% year-over-year to $124.6 billion.

Source: Investor Place

[behappyalways]

Amazon Erases 12% Gain, Turns Red After Revealing Sharp Slowdown In April AWS Growth
https://www.zerohedge.com/markets/amazo ... ing-higher

[behappyalways]

Why Walmart And Alphabet Are Beating Amazon In Drone Delivery
https://m.youtube.com/watch?v=yMqbj4Kj-z0

[behappyalways]

Bezos welcomes his second spring? Former richest man Bezos is in love with a female anchor. It is said that he successfully proposed marriage on a yacht with 15.3 billion yuan. His girlfriend showed off a 20-carat diamond ring.

貝佐斯迎第二春? 前首富貝佐斯情定女主播 傳153億遊艇上求婚成功 女友秀20克拉.超大鑽戒放閃｜記者 王少筠｜【國際大現場】20230523｜三立新聞台

https://m.youtube.com/watch?v=AAkNegCSG9I

[winston]

not vested

Amazon.com (AMZN) Stock Looks Poised for a Surge

by Tara Young

Buy Levels: If you want to get in on this trade, you can purchase shares of AMZN above the price of around $121.10.

TP: Our target prices are $130 and $136 in the next 3-6 months.

SL: To limit risk, place stop-loss at $116. Note that the stop-loss is on a closing basis.

Our target potential upside is 7% to 12% in the next 3 to 6 months.

For a risk of $5.10, our target rewards are $8.90 and $14.90. This is a nearly 1:2 and 1:3 risk-reward trade.

Source: Trades Of The Day

https://tradesoftheday.com/2023/05/30/t ... -higher-8/

[behappyalways]

Amazon 'Denies' Considering Moving Into Low-Cost Mobile Phones
https://www.zerohedge.com/markets/amazo ... ile-phones

[winston]

not vested

This Stock’s Comeback Rally is Far From Over

by Luke Lango

AMZN Stock Offers AI Exposure

Amazon Might Offer Mobile Phone Service Soon

Source: InvestorPlace

https://tradesoftheday.com/2023/06/07/t ... from-over/

[winston]

not vested

AMAZON.COM is planning to launch an advertising-supported tier of its Prime Video streaming service, the Wall Street Journal (WSJ) reported on Wednesday (May 7), citing people familiar with the matter.

Discussions around the ad tier have been going on for several weeks, according to the report, and follow the launch of similar plans by rivals Netflix and Walt Disney.

The streaming industry has been facing a slowdown in new sign-ups as subscribers struggling with high inflation and interest rates dial back entertainment spending and other discretionary expenses.

The WSJ report also said Amazon was holding discussions with Warner Bros Discovery and Paramount Global, about adding the ad-based tiers of their streaming services through Prime Video Channels.

Source: Phillips

[winston]

not vested

This is One Stock You’ll Regret Not Buying Before the Next Bull Market

by Bradley Guichard

First-quarter results were better than many expected.

Total sales increased 9% to $127 billion, net income turned positive and cash flow metrics improved.

This could be a sign that management is righting the ship. If so, then the market’s focus on the short term has left patient investors with a terrific opportunity.

Source: The Motley Fool

https://tradesoftheday.com/2023/06/09/t ... ll-market/