Tag AMZN

Equity Markets Higher Amid Amazon Rally...

Amazon was well received by traders on its third-quarter earnings. In late afternoon trading, shares ramped up 6% in vigorous turnover. So let's view an iron condor in options for Amazon stock. The megacap tech, video streaming and e-commerce innovator is poised to break into new high ground amid a backdrop of increased volatility into and through the election cycle...

Reporting impressive Q3 results after market hours on Thursday, Amazon's (AMZN) stock has jumped more than +7% in Friday's trading session...

Holiday quarter revenue guidance: $181.5--$188.5 billion; good news for the retail sector...

Amazon Web Services Margins Could Peak This Year After Hitting New High in Third Quarter, BofA Says...

Andy Jassy hinted that the long-awaited AI-powered Alexa will be all about taking actions, and not just providing answers. But it’s unclear when the product will actually launch...

Amazon stock is surging Friday after its Q3 results helped ease investor concerns about operating margins for the tech giant...

Q3 2024 Amazon.com Inc Earnings Call...

The Dow Jones rallied after a soft jobs report on Friday. Apple fell while Amazon soared after earnings. Warren Buffett's Berkshire on deck...

Amazon (AMZN) topped third quarter earnings estimates on both revenue and profit. One key metric investors were closely watching is the company's capital expenditures, particularly those related to AI investments. Citizens JMP Equity Research Analyst Nick Jones breaks down the significance of Amazon's massive tech spending on Morning Brief. Jones emphasizes that Amazon's AI investments are critical to maintaining its competitive edge. "AI is this massive, massive opportunity. We're only a year or so into the opportunity, so we're probably looking at a very long runway of spend," he tells Yahoo Finance. The company plans to invest $75 billion in capital expenditures for 2024, and in 2025 "they'll likely spend more." Despite these substantial investments, Jones notes Amazon maintains strong operating income margins, which he sees as a key stock performance indicator. "Amazon's a dominant cloud player. They're going to want to be dominant in AI. They need to keep spending," Jones adds, highlighting what he sees as a "multi-decade runway" for the company's artificial intelligence strategy. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here. This post was written by Angel Smith...