Amazon has rolled out Alexa+, the new version of its voice assistant, to more than 100,000 users so far, Amazon CEO Andy Jassy said Thursday (May 1) during the company's quarterly earnings call. Alexa+ will be made available to more users in the coming months, Jassy said.
Amazon reported strong Q1'25 earnings, driven by AWS and advertising services, and may face growth and margin uncertainty throughout the duration of eFY25 due to the current tariff regime. Management reaffirmed aggressive investments in AI and cloud computing, with significant capacity expansion expected in the second half of 2025. Consumer spending trends show a focus on essentials to maintain spending habits. Amazon mitigated some near-term risks with pull-forward inventory builds.
AMZN's Q1 results benefit from a solid momentum in North America and International segments, despite slow yet steady growth in AWS. The stock drops on mixed Q2 guidance.
I reiterate a Strong Buy rating on Amazon.com, Inc. with a fair value of $226 per share, driven by strong margin expansion and cost optimization. Amazon reported 10% constant revenue growth and 20% operating profit growth, with subscription services, ads, and AWS sustaining double-digit revenue growth. AWS's operating margin expansion supports continued infrastructure investment, including potential AI-related computing power additions, and Trainium 2 adoption offers cost-effective AI training solutions.
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Amazon outpaces earnings and revenue estimates but offers weak operating income guidance on tariff uncertainty.
Amazon.com Inc. (NASDAQ: AMZN) has been one of the stock market's biggest success stories ever.
Amazon.com Inc. NASDAQ: AMZN reported a strong first quarter after Thursday's close, with results that came in ahead of expectations across all headline metrics. Revenue rose nearly 9% year over year to $155.7 billion, beating by $580 million, while GAAP EPS of $1.59 beat by $0.23.
Amazon.com Inc (NASDAQ:AMZN) is up 1.4% before the bell, reversing its earlier losses after issuing a wider-than-expected second-quarter operating income forecast that missed estimates.
Amazon gave a reassuring look at trends of spending on artificial-intelligence infrastructure