Amazon's 3Q23 revenue of $143.1 billion exceeded expectations and was at the high end of guidance. Operating income of $11.2 billion beat guidance by 32%, with outperformance in multiple areas, ...
Amazon.com, Inc. remains a Strong Buy due to significant undervaluation versus historical multiples and robust growth across all business segments. Q2 results beat expectations with strong revenue, ...
Amazon’s AMZN shares have gained 19.7% year to date, outperforming the Zacks Retail & Wholesale sector’s return of 9%. The e-commerce giant is continuously gaining momentum in the booming online ...
Amazon AMZN has experienced a 44% rally in its share price in the past year, outperforming the industry’s rise of 39.8% and the S&P 500 index’s return of 33.7%. The company has been riding on solid ...
Amazon posted robust third-quarter earnings, driven by the continued strength of its cloud unit. Increasing demand for AI and enterprise services lifted revenue and overall profitability. The ...