Amazon stock

2022 - 7 - 29

Andy Jassy: To Boost Amazon Stock Liberate Services From Products (Forbes)

Why won't Amazon's board unlock the caged value of AWS and Advertising to make investors better off?

By contrast, with the exception of its relatively small physical stores unit (+10% in the quarter), Products is shrinking, losing money, and fraught with labor and logistical challenges that are likely to defy solutions over the long run. More importantly, AWS has no doubt benefited tremendously by developing new services to help Amazon operate its ecommerce business. More specifically, I would encourage the company to create two new ones: Meanwhile, Amazon’s products businesses put in a more mixed performance. - AWS enjoyed 33% growth to $19.7 billion which exceeded the consensus by $140 million. Amazon’s second quarter revenue of $121.23 billion exceeded the consensus estimate by $2.1 billion.

Amazon shares rally after strong second quarter and guidance (CNBC)

Amazon reported upbeat results in an otherwise gloomy earnings season for most of the technology sector.

Amazon and Apple reported upbeat results in an otherwise gloomy earnings season for tech companies. Several analysts said the results signaled Amazon is making progress on cost headwinds that have pressured the company in recent quarters. - Amazon and Apple reported upbeat results in an otherwise gloomy earnings season for tech companies.

Amazon stock surges toward biggest monthly gain in 15 years (MarketWatch)

Shares of Amazon.com Inc. undefined shot up 11.8% in morning trading Friday, in the wake of second-quarter results, to put them on for the best one-month...

The stock has run up 28.8% in July, to snap a three-month losing streak in which it tumbled 34.8%, amid growing concerns over the effect Shares of Amazon.com Inc.

Stock Market News Today Live: S&P 500, Dow Rise After Amazon ... (The Wall Street Journal)

Shares of Amazon.com were up 11% in Friday morning trading, riding the momentum driven by a second-quarter earnings release yesterday that led to [an ...

Why Amazon Stock Soared on Friday (Motley Fool)

Amazon delivered sales that easily outpaced expectations. Cloud computing and digital advertising ruled the day. Amazon's bullish forecast gave investors reason ...

That said, Amazon proved the resilience of its business resulting from its optionality and the continuing strength of its cloud business. The company is also guiding for operating income that ranges from flat to $3.5 billion. For the third quarter, Amazon is guiding for net sales in a range of $125 billion to $130 billion, which would represent year-over-year growth of between 13% and 17%, easily outpacing its current results. The bottom-line results included a loss of $3.9 billion resulting from the declining value of its equity stake in Rivian ( RIVN 1.34%) -- a number that will change each quarter along with the electric vehicle (EV) maker's stock price. It was Amazon Web Services (AWS) that carried the day, however, as revenue from its cloud computing business jumped 33%. Amazon's digital advertising business continued to grow, up 18%. Absent the headwinds created by a strong dollar, revenue would have grown 10%. This resulted in a loss of $2 billion and a loss per share of $0.20, compared to earnings per share (EPS) of $0.76 in the prior-year quarter -- but this also requires context.

Amazon Stock Soars as Wall Street Sees Faster Growth Ahead (Barron's)

Amazon.com's recent investments in logistics are beginning to deliver rewards, according to RBC analyst Brad Erickson. Aaron P. Bernstein/Getty Images. Talk ...