Amazon will emerge as 'cleaner name' among Mag 7: Analyst [Yahoo! Finance Canada]
Amazon.com, Inc. (AMZN)
Last amazon.com, inc. earnings: 4/30 04:01 pm
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Source: Yahoo! Finance Canada
Video ad revenue and its cloud computing business , Amazon Web Services (AWS). However, the tech giant's retail and e-commerce segments lagged behind, as the company's second quarter outlook fell short of Wall Street expectations. Bernstein Internet Equity Research Analyst Mark Shmulik breaks down Amazon's earnings and how the company's generative AI investments are driving significant growth despite weak retail guidance. "When the dust settles on earnings, Amazon's gonna emerge as the cleaner name amongst the 'Mag Seven,'" he tells Brad Smith , adding that its investments in AWS and artificial intelligence speak to "the leverage in the business." For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Melanie Riehl
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News
- Jeff Bezos revealed his secret to Amazon's success 25 years ago: ‘I asked everyone around here to wake up terrified every morning, their sheets drenched in sweat' [Yahoo! Finance]Yahoo! Finance
- Jeff Bezos revealed his secret to Amazon's success 25 years ago: ‘I asked everyone around here to wake up terrified every morning, their sheets drenched in sweat' [Fortune]Fortune
- Amazon Workers Say They Struggle to Afford Food, Rent [Yahoo! Finance Canada]Yahoo! Finance Canada
- Half of Amazon warehouse workers struggle to pay for food, housing, report says [Yahoo! Finance]Yahoo! Finance
- Half of Amazon warehouse workers struggle to cover food, housing costs, report finds [CBS News]CBS News
AMZN
Earnings
- 4/30/24 - Beat
AMZN
Sec Filings
- 5/15/24 - Form 144
- 5/15/24 - Form 144
- 5/14/24 - Form 8-K
- AMZN's page on the SEC website