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Amazoncom

All articles tagged with #amazoncom

finance25 days ago•10 min saved

Memory Costs Lift Amazon Capex to $54B as Revenue Surges

Amazon posted Q2 net sales of $200.6B (up 20%), led by AWS growing 37% to $42.2B and advertising up 26% to $19.8B; diluted EPS was $5.75 but included about $53.4B of non-operating pre-tax income from Anthropic. Capex jumped to $54.2B this quarter, prompting a full-year capex forecast around $220B due to memory-cost pressures and capacity constraints; trailing free cash flow swung to a $7.6B outflow and long-term debt rose toward $129B. AWS backlog stood at $496B. For Q3, revenue is guided to $197-202B, below consensus as Prime Day shifts into June.

via Yahoo Finance|

#amazoncom #aws #capex

technology2 months ago•4 min saved

Amazon shuts down internal AI leaderboard to curb wasteful token use

Amazon shut down its internal Kirorank AI-usage leaderboard after staff inflated usage by deploying autonomous AI agents to chase rankings, driving up token consumption and costs; senior VP Dave Treadwell urged employees to focus on building better products rather than using AI for its own sake as the company moves toward roughly $200bn in 2026 capex for AI and data-center infrastructure.

via Financial Times|

#amazoncom #artificial-intelligence #kirorank

technology3 months ago•19 min saved

Panay: Amazon isn’t chasing a phone—it's building an AI-powered home ecosystem and Leo

In an in-depth interview, Panos Panay says Amazon isn’t aiming for a smartphone; instead, the company is expanding a cohesive AI-enabled hardware strategy—from Alexa upgrades to a range of devices and services—while pushing Leo satellite broadband as a separate growth bet and pursuing profitability through focused product design and pricing.

via Financial Times|

#alexa #amazoncom #artificial-intelligence

business7 months ago•5 min saved

Amazon pushes supplier discounts as tariffs face Supreme Court review

Amazon is pressing suppliers to cut what it pays for tariffed goods, reversing last year’s concessions and asking them to shoulder tariff duties and marketing costs, with negotiations accelerated ahead of a Supreme Court ruling on the legality of Trump-era tariffs.

via Financial Times|

#amazoncom #business #global-trade

product-recall2 years ago•0 min saved

"Recall Alert: Biometric Gun Safes Pose Serious Injury and Death Risk"

Biometric gun safes sold exclusively on Amazon.com by BBRKIN have been recalled due to a serious injury hazard and risk of death, as announced by the U.S. Consumer Product Safety Commission (CPSC). Federal law prohibits the sale of products subject to a CPSC-ordered recall, and consumers are urged to visit CPSC.gov for more information and to report any dangerous products or product-related injuries.

via Consumer Product Safety Commission|

#amazoncom #bbrkin #biometric-gun-safes

finance2 years ago•15 min saved

"Top 5 Metaverse and VR Stocks for February 2024"

The global metaverse market is expected to grow significantly, reaching $1,402.5 billion by 2032, driven by advancements in VR, AR, blockchain, and cloud computing. The gaming industry, particularly companies like Epic Games, Roblox, and Microsoft, is poised to play a pivotal role in the metaverse's growth. Major players in the metaverse stocks include Microsoft Corporation, Amazon.com, Inc., and NVIDIA Corporation. Other notable stocks in the metaverse space are PayPal Holdings, Inc., Broadcom Inc., The Walt Disney Company, Taiwan Semiconductor Manufacturing Company Limited, Alibaba Group Holding Limited, Advanced Micro Devices, Inc., Adobe Inc., and Apple Inc.

via Yahoo Finance|

#amazoncom #finance #inc

product-safety2 years ago•0 min saved

Multiple Pack and Play Mattresses Recalled for Infant Suffocation Hazard

Moonsea Pack and Play Mattresses, sold exclusively on Amazon.com by Moonseasleep, have been recalled due to a suffocation hazard for infants. The mattresses violate federal safety regulations for crib mattresses, and it is illegal to sell products subject to a recall. Consumers are advised to stop using the mattresses and contact Moonseasleep for a refund.

via Consumer Product Safety Commission|

#amazoncom #federal-safety-regulation #moonsea-pack-and-play-mattresses

finance2 years ago•6 min saved

"Analyzing Amazon's Fair Value and Stock Outlook: A Tightrope Walk for Investors"

A valuation analysis using the Discounted Cash Flow (DCF) model estimates that Amazon.com, Inc. (NASDAQ:AMZN) is trading at a fair value of around $160 per share, which is in line with its current share price of $135. Analysts have a price target of $169 for AMZN, indicating a potential 5.3% upside. The DCF model takes into account the company's future cash flows and discounts them to their present value. However, it's important to note that the DCF model has limitations and should not be the sole factor in investment decisions.

via Simply Wall St|

#amazoncom #discounted-cash-flow #fair-value