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.
Amazon stock fell 8.3% following a mixed second quarter report, according to CNBC.
Amazon (AMZN -8.09%) is best known for its sprawling e-commerce empire, dominant cloud infrastructure business, and its ever-growing Prime membership base. But quietly sitting inside this flywheel is a business with surprising strategic upside: Prime Video.
Online shoppers came out in full force to power 11% growth in Amazon online store sales, its largest reporting segment, and its second-largest, third-party seller services, advanced 11% in the second quarter ended June 30, all before the big Amazon Prime Day four-day sales event.
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