Amazon (AMZN) / Jeff Bezos 03 (Oct 23 - Dec 28)

[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

[winston]

not vested

Buy This Stock Now, You’ll Never Regret It

by Chris MacDonald

Amazon’s advertising division is a notable growth driver, with Q2 sales rising 22% year-over-year.

Amazon Embarking in Healthcare,

Amazon is launching Amazon Bedrock, a fully managed generative AI service for businesses, offering a range of foundation models and AI capabilities.

Strong cash flow enables the company to make bold investments that outpace rivals, promising improved earnings in 2023 and beyond.

Source: Investor Place

https://tradesoftheday.com/2023/10/23/b ... regret-it/

[winston]

not vested

Amazon reported third-quarter earnings and revenue on Thursday that sailed past estimates.

Earnings per share was 94 cents vs. 58 cents expected while revenue came in at US$143.1 billion vs. US$141.4 billion expected.

In terms of the segment numbers, Amazon Web Services generated US$23.1 billion vs. US$23.2 billion in expected revenue and Advertising generated US$12.1 billion vs. US$11.6 billion in expected revenue.

Amazon said fourth-quarter sales, which include the key holiday period, will be between US$160 billion and US$167 billion. Analysts were expecting revenue of US$166.6 billion.

At the mid-point of its guidance range, revenue of US$163.5 billion would represent growth of 9.6% from US$149.2 billion a year earlier.

Revenue jumped 13% in the third quarter, a sign that the business is seeing some acceleration after a difficult 2022 that was marred by soaring inflation and rising interest rates.

Sales in Amazon’s core e-commerce business continued to recover, expanding 7% year over year, after growing 4% in the previous quarter.

The September quarter includes the results of this year’s Prime Day promotion, which took place in July.

Digital advertising continues to be a bright spot for Amazon, as third-party sellers and large brands bolster their ad spending to improve visibility in an increasingly competitive marketplace.

Ad revenue soared 26% from a year earlier.

In cloud, however, Amazon appears to be giving up some market share. Amazon Web Services, which leads Microsoft Azure and Google Cloud, showed growth in the quarter of 12%. Microsoft earlier this week said Azure revenue jumped 29%, and Google Cloud expanded by 22%.

Source: Phillips

[winston]

noy

Amazon - Stock Analyst Research
Target Price* 190.00
Recommendation BUY

Amazon.com Inc. - Margins expansion still the main story

3Q23 revenue was in line with our expectation, while earnings exceeded.

9M23 revenue/PATMI was at 73%/98% of our FY23e forecasts.

Earnings outperformance was due to higher-than-expected gross margins and lower-than-expected operating expenses.

Operating income more than tripled YoY due to the benefits of network regionalisation in the US, easing inflation, strong advertising growth and lower headcount.

AWS growth has stabilised as the rate of customer cost-optimisation continues to attenuate.

We maintain a BUY rating with an increased DCF target price of US$190.00 (prev. US$175.00), with a WACC of 6.4% and terminal growth rate of 5%.

We increase our FY23e revenue/PATMI forecasts by 2%/31% to account for the higher-than-expected operating leverage.

Source: Phillips

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

[winston]

not vested

Amazon.com (AMZN) Looks Poised for a Surge

by Tara Young

Source: Trades Of The Day

https://tradesoftheday.com/2023/11/02/a ... r-a-surge/

[behappyalways]

Amazon Earned More Than $1 Billion Through Secret Price-Raising Algorithm: FTC
https://www.zerohedge.com/political/ama ... orithm-ftc

[winston]

not vested

Amazon.com is adding package tracking and return services for subscription members who use Buy With Prime, ahead of the holiday shopping season when it will face competition from new marketplaces including Shein and Tik Tok Shop.

Buy With Prime, which launched in 2022, gives retailers who are not Amazon merchants fulfillment and delivery through its logistics network.

Its newest features aim to pull in fee revenue from shops outside of Amazon.com during the peak holiday season.

US shoppers are expected to spend between US$273.7 billion and US$278.8 billion online this holiday season, an increase between 7 per cent and 9 per cent, according to the National Retail Federation.

Peter Larsen, Amazon vice-president of Buy with Prime, said the company is seeing some non-Amazon merchants who use Buy With Prime sign up to be third-party sellers after seeing more sales.

Along with speedy deliveries, Prime shoppers can now return items purchased through Buy With Prime outside of Amazon.com without shipping labels and boxes.

The perk was previously only available to orders made through the e-commerce platform.

Amazon also announced that Prime customers who buy from Buy With Prime merchants can now see their order history on their apps and have 24-hour access to customer service representatives.

Source: Phillips

[behappyalways]

Inside Amazon’s Meticulous Same-Day Delivery Strategy | WSJ Shipping Wars
https://m.youtube.com/watch?v=QlbuY24alSk

[winston]

not vested

Amazon is sharply cutting fees for merchants selling clothing priced below US$20, a sign it’s hunkering down for a price war with Chinese fast-fashion upstart Shein.

On Tuesday (Dec 5), Amazon announced it would reduce seller fees on clothing products priced below US$15 to 5 per cent beginning in January.

The rates on clothing priced from US$15 to US$20 will drop to 10 per cent. The commissions on both categories had previously been 17 per cent.

It’s rare for Amazon to reduce the so-called referral fees it charges merchants on its online store, and no other changes of that nature were announced.

That signals Amazon is specifically looking to entice merchants offering low-cost clothes – an area where Shein has excelled with its US$9 hoodies and other bargain-basement apparel.

Source: Phillips