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Amazon.com, Inc. $AMZN big gap above now, 100D held on Friday... 126 next support if we go lower..
By: Options Mike | September 24, 2023
• $AMZN big gap above now, 100D held on Friday...
126 next support if we go lower...
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Amazon $AMZN posts worst weekly performance since October 2022 after printing an inverted hammer candle into 52-week highs.
By: TrendSpider | September 23, 2023
• $AMZN Amazon posts worst weekly performance since October 2022 after printing an inverted hammer candle into 52-week highs.
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https://zoox.com/
Zoox, Inc. is a subsidiary of Amazon developing autonomous vehicles that provide mobility as a service. It is headquartered in Foster City, California and has offices of operations in the San Francisco Bay Area and Seattle, Washington. Wikipedia
Parent organization: Amazon.com
CEO: Aicha Evans (Feb 2019–)
Founders: Jesse Levinson, Tim Kentley-Klay
Headquarters: Foster City, CA
Founded: 2014
Subsidiary: Strio.AI, Inc.
Ownership: Amazon
Is this bullish or bearish?
Amazon $2.2 Million Call Seller • Strike: 120 • Expiration: 12/15/23
By: Cheddar Flow | September 22, 2023
• $AMZN $2.2M Call Seller
Strike: 120
Expiration: 12/15/23
*At the Bid*
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Too many king pin issues billionaires ready to pay big money to manipulate retail sentiment to begin a correction in the markets. AMZN will also go...floor about to drop...look out below!!!!
All good!!!
Cash is king until we all meet the King...
JesuschristiscomeinDAflesh
Amazon Starting to break trend, currently testing a key moving average. If that doesn't hold look out below.
By: TrendSpider | September 20, 2023
• $AMZN Starting to break trend, currently testing a key moving average. If that doesn't hold look out below.
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Nice chart Amzn for last year
Amazon Insider Trading Alert...
By: Barchart | September 19, 2023
• Amazon Insider Trading Alert
General Counsel for Amazon sells 40% of his $AMZN shares worth approximately $6.2 million.
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Amazon $AMZN Whale looking for a short-term bounce
By: Cheddar Flow | September 19, 2023
• $AMZN Whale looking for a short-term bounce
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Amazon $2.1 Million Call • Strike: 130 • Expiration: 12/15/23
By: Cheddar Flow | September 18, 2023
• $AMZN $2.1M Call (Unusual)
Strike: 130
Expiration: 12/15/23
*At the Ask*
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Amazon $AMZN Inverted hammer candle into 52-week highs isn't the way Amazon bulls wanted to close out the week
By: TrendSpider | September 17, 2023
• $AMZN Inverted hammer candle into 52-week highs isn't the way Amazon bulls wanted to close out the week.
Highest volume since April.
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Amazon.com (AMZN) Boasts Technical Support
By: Schaeffer's Investment Research | September 13, 2023
• AMZN has several layers of support on the charts
• AMZN is seeing attractively priced premiums at the moment, too
The shares of Amazon.com Inc (NASDAQ:AMZN) recently formed a symmetrical triangle pattern on the daily chart, as well as a large cup pattern on the weekly chart. The equity also held its 50-day moving average with a break above the 20-day trendline and maintained support at its $135 level despite recent volatility, which had it oscillating between its January and March 2022 lows and July peak.
chart
Amazon.com stock’s 10-day put/call volume ratio at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) has rolled over near year-to-date highs, with a sustained move lower producing a nice rally earlier this year. It’s also worth noting that large open interest (OI) at the 135-strike could be supportive of any pullbacks.
Now looks like a good time to weigh in with options. The equity’s Schaeffer's Volatility Index (SVI) of 25% sits higher than just 5% of readings in its annual range, meaning options players are currently pricing in low volatility expectations. Our recommended call option has a leverage ratio of 7.0, and will double on an 18.7% pop in the underlying shares.
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Amazon $AMZN just announced "Supply Chain by Amazon"
By: Evan | September 12, 2023
• Amazon $AMZN just announced "Supply Chain by Amazon"
"an end-to-end, fully automated set of supply chain services that will provide sellers with a complete solution to quickly and reliably move products directly from their manufacturers to customers around the world."
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Amazon (AMZN): One Chart Explains the Surge This Year
By: Lucas Downey | September 12, 2023
• Amazon.com (AMZN) shares are cruising higher in 2023, up 70%. Relentless unusual demand for the stock is powering this uptrend.
Amazon Shares Attract Big Money Inflows
Want an edge in trading? Follow the Big Money.
What’s Big Money? Said simply, it’s when a stock rises due to institutional demand. Top stocks tend to attract savvy investors.
You see, fund managers are always looking to bet on the next outperforming stocks…the best in class. They spend countless hours sizing up companies, reading reports, speaking to analysts…you name it. When they find a company firing on all cylinders, they pounce in a big way.
The YTD action tells the story. Each green bar signals unusual increasing volumes in AMZN shares, pushing the stock higher. We believe this to be institutional demand:
Source: www.mapsignals.com
Few stocks have charts this strong. Recent green bars suggest healthy demand. But, what about the fundamental story?
Amazon Fundamental Analysis
Next, I want to make sure the fundamental story is healthy too. As you can see, AMZN has had positive sales and EPS growth in recent years:
• 3-year sales growth rate (+22.9%)
• 3-year EPS growth rate (+9.4%)
Source: FactSet
Marrying great fundamentals with our proprietary Big Money software has found some big winning stocks over the long-term.
Check this out. Amazon has been a top-rated stock at MAPsignals. That means the stock has had buy pressure and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.
It’s made the rare Top 20 report numerous times. The blue bars below shows when AMZN was a top pick:
Source: www.mapsignals.com
Tracking unusual volumes reveals the power of the MAPsignals process.
Don’t fight the Big Money!
Amazon Price Prediction
The Amazon rally has been in place all year. Big Money buying in the shares is signaling to take notice. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.
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Bull of the Day: Amazon (AMZN)
By: Zacks Investment Research | September 12, 2023
Amazon (AMZN), the world's leading ecommerce and cloud services provider, is benefiting from strong growth across its business segments, boosting analysts’ expectations for the stock and giving it a Zacks Ranks #1 (Strong Buy) rating.
Notable developments at Amazon include continued growth in Amazon Prime users, a reacceleration of cloud service sales growth as businesses shift their focus from cost-cutting to workload expansion, and huge advances in its burgeoning advertising business.
In addition to the multitude of business progresses at Amazon, the stock is also breaking out from a compelling technical chart pattern. These bullish catalysts make Amazon one of the most appealing stocks in the market today.
Earnings Climb Aggressively Higher
At its most recent quarterly earnings report, Amazon crushed analysts’ estimates. Earnings of $0.65 per share were 89.5% above expectations of $0.34 per share, while sales of $134.4 billion surprised to the upside by 2.3% and showed an 11% YoY increase.
North America revenues (61% of sales) rose 11% YoY, International revenues (22% of sales) increased 10%, and Amazon Web Services revenues (17% of sales) rose 12% YoY.
Amazon is having incredible success with its newer Advertising business, which is suddenly bringing in $10 billion a quarter. The margins for this business are very high and it is growing 22% annually. Even more impressive is that the advertising business is growing rapidly while incumbent advertising businesses like Meta Platforms and Alphabet deal with slowdowns.
Following such stellar quarterly results and strong business momentum, analysts have unanimously upgraded Amazon’s earnings expectations. Current quarter earnings estimates have been revised higher by 49% and are projected to climb 190% YoY to $0.58 per share. FY23 earnings estimates have been lifted by 43% and are forecast to grow 214% YoY to $2.23 per share.
EPS are expected to grow at nearly 34% annually over the next 3-5 years, while sales are expected to grow more than 10% annually over the next two years.
Image Source: Zacks Investment Research
Technical Setup
Amazon stock has been trading sideways and building out a convincing bull flag over the last 6 weeks. On Monday, the stock broke out above the upper bound of the range, signaling a breakout. So long as the stock doesn’t trade back into the trading range, AMZN should continue higher into the year end.
Image Source: TradingView
Valuation
Amazon has been one of the best performing stocks ever, compounding at 32% annually since its IPO. Additionally, it has always carried a very high, and somewhat confusing earnings multiple, because of the slim margins in e-commerce and huge reinvestment opportunities.
However, now that the company has matured significantly, it is a bit easier to understand the business model, and it now boasts one of the most reasonable earnings multiples in the company’s history.
Today, Amazon is trading at a one year forward earnings multiple of 62x which is above the industry average of 33x but is well below its 20-year median of 80x.
Image Source: Zacks Investment Research
Bottom Line
Amazon remains one of the market’s preeminent technology stocks. It continues to dominate both the e-commerce and cloud services industries, which are some of the fastest growing industries in the world and is innovating new businesses such as advertising like it is in start up mode.
Furthermore, it is likely to be a major beneficiary of the Artificial Intelligence revolution. As companies realize the power this new technology offers, they are forced to dramatically increase their computing abilities. Amazon Web Services is going to be a direct recipient of this new demand for processing power.
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Blue skiesbeast mode
Amazon.com, Inc. $AMZN Thursday's bounce off the 50D and engulfing candle was huge. 140 clear then 52W high back in play
By: Options Mike | September 9, 2023
• $AMZN Thursday's bounce off the 50D and engulfing candle was huge.
140 clear then 52W high back in play
r/s name.
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Amazon $AMZN Tight symmetrical triangle taking form + the TTM Squeeze is on, keep this setup on your list!
By: TrendSpider | September 10, 2023
• $AMZN Tight symmetrical triangle taking form + the TTM Squeeze is on, keep this setup on your list!
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Amazon $1.1 Million Call • Strike: 140 • Expiration: 2/16/24
By: Cheddar Flow | September 8, 2023
• $AMZN $1.1M OTM Call
Strike: 140
Expiration: 2/16/24
*At the Ask*
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Amazon $AMZN Bulls Buying the 50 SMA
By: TrendSpider | September 7, 2023
• $AMZN Amazon Bulls Buying the 50 SMA.
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$AMZN Larger size for a weely expiration ~ 09/08 $138 CALLS
By: FLOWrensics | September 7, 2023
• $AMZN Larger size for a weely expiration ~ 09/08 $138 CALLS
Also had larger DP last night.
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Amazon 2.21 million shares at $135.36 ~ 5% of 30D Avg Vol. So far respecting key moving averages on pull backs
By: FLOWrensics | September 6, 2023
• $AMZN 2.21 million shares at $135.36 ~ 5% of 30D Avg Vol
So far respecting key moving averages on pull backs.
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Amazon’s Project Kuiper Satellite launch September 25th 8pm EDT time, 26th UTC time 2023
https://spacecoastlaunches.com/launch-list/
https://www.rocketlaunch.live/launch/kuiper-demo
“Prometheus is an amazing chip,” Limp said, giving Amazon the processing power of “a typical kind of 5G base station, we have the power of the modem that’s in your 5G phone, and we have the power of the most powerful backhaul system … and that’s all combined in this one little ASIC,” or application specific integrated circuit.
https://spacenews.com/amazon-unveils-project-kuiper-terminals-for-services-starting-in-2024/
Amazon Project Kuiper Internet
https://www.aboutamazon.com/what-we-do/devices-services/project-kuiper
Here is AI Chat today: Please keep in mind you cannot believe everything ai tells you.
I have my ai chat set at professional to give better facts. Please do your own searches for facts.
Is Amazon Project Kuiper Internet for mobile devices?
Yes, Amazon’s Project Kuiper is an initiative to increase global broadband access through a constellation of 3,236 satellites in low Earth orbit (LEO). Its mission is to bring fast, affordable broadband to unserved and underserved communities around the world1. The system will provide high-speed, low latency broadband on a global scale and will be available to a wide range of customers, including consumers, businesses, government agencies, and other organizations operating in places without reliable connectivity1.
This means that mobile devices in these areas will be able to access the internet through Project Kuiper’s satellite broadband network. Is there anything else you would like to know about Project Kuiper? 😊
Is Amazon’s Project Kuiper 5G
Yes, Amazon’s Project Kuiper is teaming up with Verizon to expand 4G/LTE and 5G coverage to remote areas of the globe1. Through this partnership, Kuiper’s future satellites could provide connectivity to future Verizon cell towers that don’t require as much costly infrastructure to build1. This will allow Verizon to expand access to its 4G and 5G networks to more rural and remote locations without having to employ more traditional connectivity methods1.
Is there anything else you would like to know? 😊
Is Amazon’s Project Kuiper in service yet?
No, Amazon’s Project Kuiper is not yet in service. Project Kuiper is an initiative by Amazon to increase global broadband access through a constellation of 3,236 satellites in low Earth orbit (LEO)1. The project is still in development and has secured 77 heavy-lift launches from Arianespace, Blue Origin, United Launch Alliance, and has options for additional launches with Blue Origin1.
These agreements comprise the largest commercial procurement of launch capacity in history and will support thousands of suppliers and highly skilled jobs across the U.S. and Europe1.
Is there anything else you would like to know?
I asked AI Chat: Did Project Kuiper get any government funding?
Yes, Project Kuiper has received government funding. Kuiper Government Solutions LLC, an Amazon subsidiary based in Arlington, Va., has been awarded $67 million by NASA1. The funding is part of NASA’s Communications Services Project, which is intended to smooth the transition from NASA’s constellation of dedicated communication satellites, known as Tracking and Data Relay Satellites or TDRS, to a commercially operated network that draws upon multiple providers1.
Is there anything else you would like to know? 😊
NASA awards millions to SpaceX and Amazon’s Project Kuiper for satellite communications
https://www.geekwire.com/2022/nasa-awards-millions-to-spacex-and-amazons-project-kuiper-for-satellite-communications/
Six satellite ventures — including SpaceX’s Starlink network and Amazon’s Project Kuiper — are due to receive a total of $278.5 million in NASA funding to demonstrate next-generation space communication services in Earth orbit.
The Communications Services Project is intended to smooth the transition from NASA’s constellation of dedicated communication satellites, known as Tracking and Data Relay Satellites or TDRS, to a commercially operated network that draws upon multiple providers.
NASA has turned to similar public-private models for space services including cargo resupply and crew transportation to the International Space Station, as well as the future delivery of scientific experiments and astronauts to the lunar surface.
“By using funded Space Act Agreements, we’re able to stimulate industry to demonstrate end-to-end capability leading to operational service,” Eli Naffah, project manager for the Communications Services Project at NASA’s Glenn Research Center, said today in a news release. “The flight demonstrations are risk reduction activities that will develop multiple capabilities and will provide operational concepts, performance validation and acquisition models needed to plan the future acquisition of commercial services for each class of NASA missions.”
SpaceX’s satellites are manufactured at the company’s facilities in Redmond, Wash., not far from the complex where Amazon’s Project Kuiper is developing its broadband satellites.
In addition to SpaceX and Project Kuiper, the contractors include U.S.-based ventures representing Inmarsat, SES, Telesat and Viasat. Each venture will be required to complete technology development and in-space demonstrations by 2025 to prove that its system can deliver robust, reliable and cost-effective services — including the ability for new high-rate and high-capacity two-way links.
NASA would follow up by negotiating long-term contracts with multiple vendors to acquire services for near-Earth operations by 2030, while phasing out satellite communications systems owned and operated by the space agency. That’s around the time when the International Space Station is due to be retired and deorbited.
Here are details about the six contractors:
• Kuiper Government Solutions LLC, an Amazon subsidiary based in Arlington, Va., has been awarded $67 million. Kuiper’s proposed approach demonstrates an optical relay network for high- and low-rate satellite communications services to spacecraft for routine missions, contingency operations and early operations phase communications. Both the Kuiper network and the spacecraft to be served would be in low Earth orbit, or LEO.
• SpaceX of Hawthorne, Calif., has been awarded $69.95 million for a proposed approach similar to Kuiper’s.
• Inmarsat Government Inc. of Reston, Va., a U.S. subsidiary of London-based Inmarsat, has been awarded $28.6 million. Inmarsat’s proposed approach demonstrates an L-band relay network in geostationary Earth orbit, or GEO, for low-rate satellite communications services to spacecraft and launch vehicles for routine missions, contingency operations, launch and ascent, and early operations phase communications.
• SES Government Solutions of Reston, a U.S. subsidiary of Luxembourg-based SES, has been awarded $28.96 million. SES’ proposed approach demonstrates radio-frequency satellite communications services at high and low rates for spacecraft in LEO, for routine missions, contingency operations, launch and ascent, and early operations phase communications. C-band services would be provided from GEO, and Ka-band services would be provided from LEO.
• Telesat U.S. Services LLC of Arlington, a U.S. subsidiary of Canada-based Telesat, has been awarded $30.65 million. Telesat’s proposed approach demonstrates radio-frequency relay networks for high- and- low-rate communications services to spacecraft in LEO for routine missions. The plan calls for a C-band network in GEO and a Ka-band network in LEO.
• Viasat Inc. of Carlsbad, Calif., has been awarded $53.3 million. Viasat’s approach demonstrates a Ka-band network in GEO for high- and low-rate communications services to spacecraft in LEO for routine launch and missions.
NASA said it expects each company to match or exceed agency contributions during the five-year development and demonstration period, totaling more than $1.5 billion of cost-share investment.
Rusty Thomas, director of Kuiper Government Solutions, said in an emailed statement that he and his team were “honored to have been selected by NASA to take part in the Communications Services Project.”
“We’re designing Project Kuiper to deliver high-speed, low-latency broadband service to a wide range of customers, and this award is an additional vote of confidence that we’re on the right path,” Thomas said. “We’re excited to provide our government customers with a secure, reliable and resilient communications network, and proud to support future NASA missions requiring advanced space-to-space communications.”
FIU and Digital Locations trying to make the smartphone connection
GSAT? See recent PRs re QCOM, AAPL and new CEO at GSAT.
Last year Amazon announced the biggest rocket deal in the commercial space sector’s history. Amazon was offering contracts for Project Kuiper—a chance to launch low Earth orbit satellites which would be used for internet services.
The project, which Amazon confirmed it will invest $10 billion in, signed up three contractors—the United Launch Alliance (ULA), a joint venture of Boeing and Lockheed Martin, European company Arianespace, and Blue Origin, a private venture founded by Bezos himself.
But missing from the line-up is Musk-founded SpaceX, which has reportedly already launched approximately 5,000 internet satellites since 2019 for its own rival service, Starlink.
Project Kuiper and Starlink internet cannot connect to smartphones.
There is another company trying to connect satellite internet to smartphones
Amazon.com, Inc. $AMZN 140 rejection on Friday but chart stil looks good. Needs to clear 144 to run.. 50D support
By: Options Mike | September 4, 2023
• $AMZN 140 rejection on Friday but chart stil looks good. Needs to clear 144 to run.. 50D support.
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Amazon one of the stronger looking setups heading into next week after a breakout, retest & bounce to end the week!
By: TrendSpider | September 1, 2023
• $AMZN Amazon one of the stronger looking setups heading into next week after a breakout, retest & bounce to end the week!
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Just below the 52-week high. I don't see Amazon taking as big a hit with reduction in consumer spending. People are well-trained to just buy it on Amazon. Even moreso, now that brick and mortar retailers are scaling back on inventory. Will it drive through resistance coming into holiday spending season?
Amazon $1.3 Million Put • Strike: 125 • Expiration: 11/17/23
By: Cheddar Flow | August 31, 2023
• $AMZN $1.3M OTM Put
Strike: 125
Expiration: 11/17/23
*At the Ask*
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$AMZN Large SIZE player closing out the 9/15 $95C & adding a little over 1/2 profits into 11/17 $120 CALLS with $250 mil premium
By: FLOWrensics | August 31, 2023
• $AMZN Large SIZE player closing out the 9/15 $95C & adding a little over 1/2 profits into 11/17 $120 CALLS with $250 mil premium.
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$AMZN Unusual 1DTE Call Sweeper This whale is looking to catch intraday momentum
By: Cheddar Flow | August 31, 2023
• $AMZN Unusual 1DTE Call Sweeper
This whale is looking to catch intraday momentum
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Amazon $AMZN trapped between the 50 SMA and resistance from the 2023 highs, which gives way first?
By: TrendSpider | August 31, 2023
$AMZN Amazon trapped between the 50 SMA and resistance from the 2023 highs, which gives way first?🧐 pic.twitter.com/RGGX1jeVIn
— TrendSpider (@TrendSpider) August 31, 2023