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-8.26354153205119E-05 -0.000334978462104935 0.000554045502719986 0.0023287658317531 0.000803615548990361 0.00554544642812575 0.00371526608881024 -0.0012827900378293
Stock impact report

Amazon Q1 Preview: All eyes on AWS growth, generative AI [Seeking Alpha]

Amazon.com, Inc. (AMZN) 
Last amazon.com, inc. earnings: 4/30 04:01 pm Check Earnings Report
Company Research Source: Seeking Alpha
growth, commentary on AI-related demand along with the e-commerce giant's guidance for the year. Wall Street expects the Seattle-based company to post EPS of $0.83 on revenue of $142.56 billion, implying a rise of 11.9% during the quarter. Amazon's dominance in the e-commerce market shielded it from a tough economy, as consumers continue to use its services for online buying, giving it a competitive advantage over other platforms. Earlier in February, Amazon beat analyst expectation for its crucial holiday-quarter, driven by generative AI capabilities that helped to boost growth in its e-commerce and cloud business. The company, which also enjoys its position as one of the leading cloud providers, believes that generative AI will “ultimately drive tens of billions of dollars of revenue for Amazon over the next several years.” The stock has grown 18% so far this year, outperforming the near 7% rise in the broader S&P500 Index. BofA analyst Justin Post said that continued mark Show less Read more
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