Amazon.com NASDAQ: AMZN potentat e-commerce, handel online m.in. książki, płyty, elektronika, AWS usługi w chmurze

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Amazon and Google top internet stocks to own in 2023 - Goldman

E-commerce giant Amazon.com (NASDAQ:AMZN) heads Goldman Sachs’ Top Picks list for the internet sector.

The stock is “solidly our top pick for the remainder of 2023 from current trading levels,” said analysts in today's note.

The list also includes Uber (NYSE:UBER), despite shares trading almost 38% higher year-to-date.

“The company produced progress on profit initiatives with stable end demand trends & overall industry competitive intensity,” they wrote in a note.

Finally, the analysts also urged Goldman’s clients to own Meta Platforms Inc (NASDAQ:META) and Alphabet (NASDAQ:GOOGL).

“We see more favorable shorter term risk/reward for META in a dual element of rising business momentum and intense focus on efficiencies at META which is likely to sustain an upward EPS revision cycle. In the short term, GOOGL is likely to see volatile stock trading due to the mixture of increased investor focus on generative AI and on the cyclical slowdown in search and brand advertising against tough revenue comps,” they added.

Overall, they highlighted Amazon and Google (NASDAQ:GOOGL) as go-to Internet stocks to own in 2023.

“We would place GOOGL along AMZN from current levels in terms of risk/reward as we remain convinced that GOOGL is among the very best companies positioned for future computing cycles tied to AI/ML, augmented reality & quantum computing,” the analysts concluded.

Amazon shares trade about 1% higher on the day while Google stock is down 0.7%.

https://www.investing.com/news/stock-ma ... SI-3024190

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Amazon increasingly sensitive to AWS performance - William Blair

William Blair analysts maintained an Outperform rating on Amazon (NASDAQ:AMZN) in a note on Wednesday, telling investors that the shares are increasingly sensitive to the performance of AWS.

"Following the fourth-quarter report and the first-quarter guide, investors are on edge around the margin profile of Amazon, making shares increasingly sensitive to the performance of AWS—the only division still making money," they said.

The analysts said the firm's analysis found that the retail segment cost of Amazon's goods, technology and content, and music and video were the largest contributors to margin weakness last year, not higher shipping and fulfillment costs as the company's management suggested.

"Management is laser-focused on improving the efficiency of the business following larger cost-cutting initiatives, which should slow the pace of deleverage across other operating cost items," they added. "Combined, assuming the Street is close on its revenue assumptions, which we believe are relatively conservative, we find that there is combined upside to total company operating income of close to 40% over the next two years as cost items move back toward relatively consistent historical patterns."

On Amazon Prime, the analysts concluded that historically, membership revenue has "turned the retail and media business from running at consistent losses to a healthier low-single-digit GAAP operating margin business."

"We find that even before accounting for more recent additions, Prime offers exceptional value, equal to roughly 2.5 times the current annual cost to the consumer."

https://www.investing.com/news/stock-ma ... SI-3031235

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Amazon planuje zwolnienie kolejnych 9 tys. osób. Cięcia w firmie trwają od listopada, do tej pory pracę straciło 18 tys. pracowników. W całej branży technologicznej trwa redukcja etatów na masową, niespotykaną do tej pory skalę.

https://www.msn.com/pl-pl/finanse/najpo ... 67b2&ei=15

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Latest Release
Apr 27, 2023

EPS / Forecast
0.31 / 0.21

Revenue / Forecast
127.4B / 124.55B

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Maker of Roomba vacuum cleaners iRobot (NASDAQ:IRBT) Corp jumped 18.9% after Britain's competition regulator cleared Amazon.com (NASDAQ:AMZN)'s planned $1.7 billion acquisition of the company.

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Amazon's AWS 'still well-positioned' to drive adoption through AI age, says Morgan Stanley

Morgan Stanley analysts told investors in a note Thursday that Amazon (NASDAQ:AMZN) Web Services (AWS) is still well-positioned to drive public cloud adoption through the AI age.

"We see AWS' full AI tech stack, open source integration, and (importantly) 10+ year focus on industry-specific innovation positioning it well to drive forward AI-based public cloud adoption," said the analysts.

The analysts said that although the pace of AI innovation and interest remains rapid, "AWS continues to be viewed as being disadvantaged by investors."

"Some tech leaders – including, based on our investor conversations, AWS – are still viewed as being "behind" or structurally challenged," they added.

"We believe 1) large, unique data sets, 2) distribution in and out of the data, and 3) ability/willingness to invest in data/distribution remain key to building long-term competitive moats through the changes in AI."

The analysts, who have an Overweight rating and a $150 price target on Amazon, said the firm remains bullish on the tech giant's stock.

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Amazon initiated with a Buy rating
DBS Group initiated coverage on Amazon.com (NASDAQ:AMZN) with a Buy rating and a price target of $150.00, highlighting the company’s leading position in e-commerce, its growing prime membership base, and growth opportunities for both AWS and its online advertising business.

According to the firm, Amazon’s retail segment is still attempting to regain profitability after facing challenges from macroeconomic factors. The US e-commerce industry is projected to grow at 12.4% CAGR, reaching 20% of total retail sales by 2025 (vs. 13.5% in 2022). Amazon holds a 39% market share in US e-commerce and has opportunities to capture more of the untapped market.

The company is set to report its Q2/23 earnings on July 27. Street estimates stand at $0.35 for EPS and $131.16 billion for revenues.

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Amazon Prime Day był kiedyś wielkim wydarzeniem dla akcji spółki, ale już nie jest. Uwaga inwestorów przeniosła się na dział przetwarzania w chmurze firmy, który rozwija się szybciej i zarabia więcej pieniędzy. W ciągu ostatnich czterech lat akcje Amazon faktycznie spadały podczas tygodnia Prime Day. To znak, że handel elektroniczny nie jest gwiazdą, którą kiedyś był dla firmy.

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Technologia płatności za pomocą dłoni Amazona rozszerza się na 500 amerykańskich sklepów Whole Foods

Technologia płatności za pomocą skanowania dłoni firmy Amazon (NASDAQ: AMZN) o nazwie Amazon One zostanie wprowadzona w ponad 500 lokalizacjach Whole Foods Market w Stanach Zjednoczonych do końca roku. System płatności oparty na danych biometrycznych pozwala klientom płacić za produkty poprzez zbliżenie dłoni do czytnika – ich unikalny odcisk dłoni jest połączony z kartą płatniczą zapisaną w aplikacji Amazon. „Zawsze szukamy nowych sposobów, aby zachwycić naszych klientów i poprawić jakość zakupów” – powiedział w oświadczeniu Leandro Balbinot, dyrektor ds. technologii w Whole Foods Market. „Odkąd wprowadziliśmy Amazon One w sklepach Whole Foods Market w ciągu ostatnich dwóch lat, widzieliśmy, że klienci uwielbiają wygodę, jaką zapewnia, i cieszymy się, że możemy udostępnić Amazon One wszystkim naszym klientom w całych Stanach Zjednoczonych”.

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Technologia płatności za pomocą skanowania dłoni firmy Amazon (NASDAQ: AMZN) o nazwie Amazon One zostanie wprowadzona w ponad 500 lokalizacjach Whole Foods Market w Stanach Zjednoczonych do końca roku. System płatności oparty na danych biometrycznych pozwala klientom płacić za produkty poprzez zbliżenie dłoni do czytnika – ich unikalny odcisk dłoni jest połączony z kartą płatniczą zapisaną w aplikacji Amazon. „Zawsze szukamy nowych sposobów, aby zachwycić naszych klientów i poprawić jakość zakupów” – powiedział w oświadczeniu Leandro Balbinot, dyrektor ds. technologii w Whole Foods Market. „Odkąd wprowadziliśmy Amazon One w sklepach Whole Foods Market w ciągu ostatnich dwóch lat, widzieliśmy, że klienci uwielbiają wygodę, jaką zapewnia, i cieszymy się, że możemy udostępnić Amazon One wszystkim naszym klientom w całych Stanach Zjednoczonych”.

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Amazon (NASDAQ:AMZN) stock fell 1.6% after Politico reported the U.S. Federal Trade Commission is finalizing its long-awaited antitrust lawsuit against the online retail giant that could ultimately break up parts of the company.

ftc ftcus

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Investing.com - Amazon.com (NASDAQ: AMZN) reported second quarter EPS of $0.65, $0.30 better than the analyst estimate of $0.35. Revenue for the quarter came in at $134.4B versus the consensus estimate of $131.45B.

Guidance
Amazon.com sees Q3 2023 revenue of $138.00B-$143.00B versus the analyst consensus of $138.25B.

Amazon.com's stock price closed at $128.91. It is up 22.01% in the last 3 months and down -9.58% in the last 12 months.

Amazon.com saw 5 positive EPS revisions and 2 negative EPS revisions in the last 90 days. See Amazon.com's stock price’s past reactions to earnings here.

According to InvestingPro, Amazon.com's Financial Health score is "fair performance".

Check out Amazon.com's recent earnings performance, and Amazon.com's financials here.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar
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Amazon forecasts bright Q3 on resilient cloud sales, shopping trends

(Reuters) -Amazon.com Inc on Thursday reported sales growth and profit that beat Wall Street's expectations as the company delivered goods faster and more cheaply to shoppers while recent cloud-computing headwinds began to subside.

Amazon (NASDAQ:AMZN)'s shares surged 9% on the news, extending its stock market value more than $120 billion in after-hours trading.

Facing an array of challenges, the company has aimed to keep its mantle as the world's biggest cloud provider and online retailer.

Amazon recently answered AI front-runners Google and Microsoft (NASDAQ:MSFT) with rival services of its own, drawing thousands of customers and touting the breadth of technology it has on offer, similar to what is powering the human-like chatbot ChatGPT.

In retail, Amazon has reorganized its fulfillment network and opened warehouses for same-day shipping closer to big metro areas, saving time and costs on delivery.

Brian Olsavsky, Amazon's chief financial officer, said on a call with reporters that faster speeds have meant Prime loyalty customers are "shopping more often."

For the second quarter, Amazon's revenue grew 11% to $134.4 billion, beating estimates of $131.5 billion from analysts polled by Refinitiv.

Amazon's cloud-computing division has been key. In recent months, Amazon Web Services (AWS) saw its sales growth slow as wary businesses scrutinized their cloud bills. Olsavsky said such "cost optimization" continued, but big companies were embracing the cloud anew, a lift to the division this spring and summer.

CEO Andy Jassy said in a statement, "Our AWS growth stabilized."

The unit beat estimates of around $21.7 billion in second-quarter cloud sales, increasing them 12% to $22.1 billion. Its rivals posted bigger jumps off smaller bases: 28% growth in Alphabet (NASDAQ:GOOGL)'s June-quarter cloud revenue and a 26% quarterly increase for Microsoft's Azure.

Arun Sundaram, an equity analyst at CFRA Research, said the results showed Amazon was holding its own, including in so-called generative AI that can create new text, images and other content from past data.

"We can put any negative narrative to rest," Sundaram said, adding AI's potential "should benefit all the large tech companies."

Jassy told analysts every business inside Amazon has multiple generative-AI initiatives underway, including customer-facing and cost-slimming efforts.

He said AWS's spending on the technology represented a "significant" amount of the more than $50 billion in capital investments Amazon projected for 2023. Such investments, offset by lower fulfillment expenditures, are down from $59 billion in 2022.

Still, the boost that Amazon's cloud could reap from powering businesses' AI demand has yet to materialize in full. Thomas Monteiro, an analyst at Investing.com said. "In Q3, it is likely that companies will have to start showing results on that front."

In e-commerce, consumers have acted with some reserve for months, putting off discretionary purchases and shopping for value. CFO Olsavsky said household budgets remain tight, but headwinds from inflation were easing.

Amazon is now expecting a bump from its biggest sales day ever as part of last month's marketing blitz for loyalty shoppers known as Prime Day.

Monteiro said consumer sales were looking healthy in and outside Amazon for the back half of 2023.

The company forecast current-quarter net sales in the range of $138 billion to $143 billion. Analysts polled by Refinitiv were expecting revenue of $138.25 billion.

Longer-term, Amazon aims to turn one unit, its $35 billion in yearly gross business-to-business e-commerce sales, into $100 billion, Jassy told analysts.

Amazon has sought cost cuts all, with 27,000 people affected by layoffs, or what had been 9% of its roughly 300,000-person staff. It recently revealed more reductions at Amazon Fresh stores while searching for months for the right grocery strategy.

The company reported a quarterly profit of $6.7 billion, nearly double what analysts expected.

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Amazon earns another upgrade following Q2 beat
PhillipCapital upgraded Amazon.com (NASDAQ:AMZN) to Buy from Neutral and raised its price target to $175.00 from $120.00, as reported in real-time on InvestingPro.

Amazon expects the trend of customers shifting their focus towards innovation and new workload deployments to continue into Q3/23 and anticipates the optimization efforts to ease further, suggesting that growth has bottomed out. According to PhillipCapital, there's a possibility for a renewed re-acceleration in the latter half of 2023, especially during Q4. This perspective is based on Amazon's launch of its new AI services and the gradual uptick in customer spending on AWS.

Earlier this month, the company saw upgrades from two other Wall Street firms, Exane BNP Paribas and Rosenblatt.

The rating changes were made following the company's Q2 results, which exceeded Street estimates and included upbeat Q3 guidance, driven by the cloud business growth that surpassed expectations.

TAGI phillipcapitala, phillipcapitals

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Oczekuje się, że wirtualny rynek opieki zdrowotnej Amazon Clinic (NASDAQ: AMZN) będzie dostępny w całych Stanach Zjednoczonych. Gigant handlu elektronicznego poinformował we wtorek, że klienci we wszystkich 50 stanach i Waszyngtonie będą mogli uzyskać dostęp do licencjonowanych pracowników medycznych 24 godziny na dobę, 7 dni w tygodniu za pośrednictwem czatu wideo poprzez Amazon.com i aplikację mobilną Amazon w zakresie ponad 30 typowych problemów zdrowotnych. Aby uzyskać dostęp do usług, klienci muszą odwiedzić Amazon Clinic na stronie internetowej firmy lub w aplikacji. Na platformie mogą porównać czasy oczekiwania i ceny od wielu dostawców usług telemedycznych, wypełnić niezbędne dokumenty i połączyć się z wybranym dostawcą. W zależności od stanu klienta może on połączyć się z dostawcą usług medycznych bez konieczności umawiania się na wizytę lub posiadania ubezpieczenia. Amazon Clinic sama nie świadczy usług opieki zdrowotnej, ale zapewnia platformę do łączenia dostawców z klientami.

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Amazon.com (NASDAQ:AMZN) detailed plans to Tuesday to hire 250,000 employees in the U.S. to meet demand ahead of the usual shopping spree into the holiday season.