Amazon (AMZN) / Jeff Bezos 02 (Nov 18 - Dec 26)

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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/

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

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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

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

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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

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not vested

Amazon.com’s push into video advertising will boost annual revenue by as much as US$5 billion, mostly generated by new television-style commercials on Prime Video.

Ads on Amazon’s streaming service will start appearing in North America on Jan 29 and internationally on Feb 5.

To receive ad-free content, North American subscribers will have to pay an additional US$3 per month.

Amazon’s advertising business – mostly search and display ads on its web store – generated US$12.1 billion in the quarter ended Sep 30, about 8.5 per cent of total revenue.

The Seattle-based company sees Prime Video as an ideal spot to boost ad sales and profit from the billions it has spent on content, including movies and National Football League games.

Advertising is Amazon’s smallest but fastest-growing revenue source.

Source: Phillips

[winston]

not vested

Amazon on Thursday reported fourth-quarter results that sailed past analysts’ estimates, and gave strong guidance for the current quarter.

Revenue jumped 14% to $170 billion in the fourth quarter vs. $166.2 billion expected by LSEG. The period reflects results from the holiday shopping season, and Amazon’s October Prime Day event, both of which the company said exceeded its expectations.

Sales at AWS climbed 13% in the fourth quarter to $24.2 billion, in line with Wall Street’s forecast. That marks a slight uptick from the previous quarter, when sales expanded 12%, but it’s a deceleration from the year-ago period, when sales grew 20%.

Amazon’s profitable advertising unit saw sales grow 27% year over year to $14.7 billion. Amazon said first-quarter sales will be between $138 billion and $143.5 billion, representing growth of 8% to 13%. Analysts were expecting revenue of $142.1 billion, according to Refinitiv.

Source: Phillips

[winston]

not vested

Amazon.com, Inc. (AMZN) – Thursday, February 1

For Amazon’s third quarter, it reported adjusted earnings of $1.00 per share, which came in above analysts’ estimates for $0.80 per share.

Revenue rose 14% year-over-year to $169.96 billion, which was above analysts’ projections for $166.26 billion.

This compares to earnings of $0.03 per share and revenue of $149.2 billion in the same quarter of last year.

Additionally, Amazon Web Services (AWS) revenue increased 13% year-over-year to $24.2 billion, just above analysts’ estimates for $24.17 billion.

Amazon’s CEO, Andy Jassy, stated:

This Q4 was a record-breaking Holiday shopping season and closed out a robust 2023 for Amazon. While we made meaningful revenue, operating income and free cash flow processes, what we’re most pleased with is the continued invention and customer experience improvements across our business.

Following these stellar earnings results, shares of AMZN rose nearly 8% on Friday.

Source: Market 360

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There are only two moments when you sell $4 billion of stock in four days: when you have to and when you are stupid not to...
https://twitter.com/Peter_Atwater/statu ... 9743270392


Bezos sold another $2B of $AMZN shares
https://twitter.com/Mayhem4Markets/stat ... 5528514940

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Jeff Bezos unloads around $2.4 billion in Amazon stock, bringing recent sales to 50 million shares
https://www.cnbc.com/2024/02/20/jeff-be ... stock.html