AMZN, GOOGL and META surge ahead as top Driehaus-style momentum picks, backed by strong earnings and uptrends.
Despite a solid quarter, Amazon's stock dipped over 8%, highlighting investor concerns and profit-taking after recent highs. AWS remains a leader, but its slower growth versus Azure and Google Cloud raises questions about Amazon's future dominance in cloud. Tariff impacts on Amazon's retail business remain highly uncertain, with management unable to predict who will absorb potential cost increases.
Amazon is laying off some staffers in its Wondery podcasting unit as part of a broader reorganization of its audio division. Wondery CEO Jen Sargent is stepping down from her role as part of the reshuffling.
Amazon delivered strong earnings and double-digit revenue growth, but shares dipped after-hours due to cautious guidance and slower AWS growth. AWS remains a core strength, achieving 17% YoY growth and high margins, with massive capex planned to capture future AI demand. The ad business is rapidly expanding, up 23% YoY, leveraging Amazon's unique customer connection and becoming a significant profit driver.
Amazon.com is restructuring the Wondery podcast studio by shifting its award-winning narrative podcasts such as "Business Wars" to Audible and consolidating creator-led shows into a new unit, according to a memo seen by Reuters.
Wall Street hated Amazon earnings—but they missed the real AI jackpot hiding in plain sight. Amazon's robotics and AI upgrades could slash billions in costs. Cloud slowdown? Maybe. But this dip might be the best buying opportunity of the year.
Recently, Zacks.com users have been paying close attention to Amazon (AMZN). This makes it worthwhile to examine what the stock has in store.
Amazon is shutting down its Wondery podcast studio, acquired in late 2020, and cutting 110 jobs as part of a broad reorganization of its audio business, according to a new report from Bloomberg.
Amazon notched a surprising post-earnings decline, as AWS grew less robustly than its hyperscaler peers. It's too early for us to ascertain that AWS's growth could fall further behind as its rivals catch up. Amazon's margin pressure could be affected by the tariffs impact. However, AWS has always been the most pivotal operating income driver.
Amazon is entering a new phase of margin expansion, driven by core retail rather than just AWS and advertising. Shipping cost growth has slowed, signaling Amazon is reaping returns from past infrastructure investments and automation. Amazon's competitive flywheel and pricing power with sellers ensure continued revenue growth and margin resilience.
Amazon (AMZN) shares are in focus to start the week after plunging Friday as quarterly results from the e-commerce and cloud provider failed to impress investors.
Amazon's latest earnings obliterated my previous concerns, mainly related to the impact of tariffs on its retail business. North America and International retail segments are growing by double digits and expanding margins, despite the pressure from tariffs and the end of deminimis in China and Hong Kong. AWS is squeezing margins, with dilution coming from heavy CapEx flowing into OpEx due to an earlier shift this year from a 6 to a 5-year depreciation schedule.