Amazon's e-commerce business is gaining good momentum as 2026 approaches. The cloud computing and advertising segments continue to post incredible results.
Andrew Arons expects a rate cut next week and “continued cuts through the beginning of the year.” He argues that the market has “baked some of this in” already.
I reiterate my strong buy on Amazon.com, Inc., and I expect shares to break new all-time highs before year-end. In my view, the November selloff was unwarranted. The fundamentals, especially around AWS, remain intact since the company reported spectacular Q3 results. The $38B, 7-year OpenAI cloud deal adds fuel to the fire, with upside that could materialize into revenue as soon as Q4 this year.
| Specialty Retail Industry | Consumer Discretionary Sector | Andrew R. Jassy CEO | LSE Exchange | US0231351067 ISIN |
| US Country | 1,560,000 Employees | - Last Dividend | 2 Sep 1999 Last Split | 15 May 1997 IPO Date |
Amazon.com, Inc. is a multinational conglomerate that focuses on e-commerce, cloud computing, digital streaming, and artificial intelligence. It was founded in 1994 and has its headquarters in Seattle, Washington. Amazon has established itself as a leader in the online retail world, providing an extensive range of consumer products, advertising solutions, and subscription services. The company operates on a global scale, with key market segments in North America and International territories, along with its Amazon Web Services (AWS) sector, which offers advanced cloud computing solutions. Amazon's mission encompasses the retail sale of consumer products and services through online and physical outlets, manufacturing of electronic devices, content production, and provision of a platform for sellers, content creators, and developers.