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3 Must-Buy Stocks Buy Following Earnings [Yahoo! Finance]
Last amazon.com, inc. earnings: 4/30 04:01 pm
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These exceptional performers not only exceeded expectations but also provided compelling outlooks, signaling strong potential for future growth. As investors sift through the earnings reports to find winners, I must highlight three stocks that I have been impressed with and believe are poised for further upside potential. Amazon.com Amazon's AMZN recent earnings report painted a rosy picture, with profits exceeding expectations. The star of the show was their cloud computing division, Amazon Web Services (AWS), which saw significant growth fueled by the surging demand for AI capabilities. This strong performance in AWS underscores Amazon's prime position to capitalize on the booming AI market. AWS grew an impressive 17% YoY and brought in $25 billion in revenue for the quarter. Even more impressive was the $9.4 billion profit earned from the segment, demonstrating the huge margins the business enjoys. Additionally, Amazon enjoys a Zacks Rank #2 (Buy) rating. Earnings estima
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AMZN
NEWS
NEWS
- Nvidia earnings are key to market zeitgeist [Yahoo! Finance][Yahoo! Finance]
- Walmart Delivers 20% of Same-Day Orders Within 3 Hours [Yahoo! Finance][Yahoo! Finance]
- Jeff Bezos Spent $237 Million On Florida Mansions — Billionaires Flock To 'Upside Down' Tax Haven Where Rich Pay Less Than Poor [Yahoo! Finance][Yahoo! Finance]
- European Consumer Org Accuses Temu of Violating EU's Digital Services Act [Yahoo! Finance][Yahoo! Finance]
- Walmart Is Firing On All Cylinders And That Includes Its Newer Businesses That Go Beyond Groceries [Yahoo! Finance][Yahoo! Finance]
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AMZN
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SEC Filings
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- AMZN's page on the SEC website
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