Amazon.com Inc (AMZN)

[DiscoverGold]

Amazon $AMZN earnings snapshot
By: Brad Freeman | October 26, 2023

• Amazon $AMZN earnings snapshot.



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[DiscoverGold]

Amazon’s $AMZN Q3 revenue since 2005
By: Savvy Trader | October 26, 2023

• Amazon’s $AMZN Q3 revenue since 2005

2005: $1.9B
2006: $2.3B
2007: $3.3B
2008: $4.3B
2009: $5.4B
2010: $7.6B
2011: $10.9B
2012: $13.8B
2013: $17.1B
2014: $20.6B
2015: $25.3B
2016: $32.7B
2017: $43.7B
2018: $56.6B
2019: $70B
2020: $96.1B
2021: $110.8B
2022: $127.1B
2023: $143.1B

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[$Green$]

Might see green tomorrow boys!

[$Green$]

Not by much tho it’s holding up here

[lvhd]

Under 120 now

[$Green$]

Was thinking to buy calls here I’m glad I didn’t so far. Maybe tomorrow brings a short term buying opportunity

[eastunder]

Amazon.com Announces Third Quarter Results
October 26, 2023 04:01 PM Eastern Daylight Time

https://www.businesswire.com/news/home/20231025191880/en/
SEATTLE--(BUSINESS WIRE)--Amazon.com, Inc. (NASDAQ: AMZN) today announced financial results for its third quarter ended September 30, 2023.

Net sales increased 13% to $143.1 billion in the third quarter, compared with $127.1 billion in third quarter 2022. Excluding the $1.4 billion favorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 11% compared with third quarter 2022.
North America segment sales increased 11% year-over-year to $87.9 billion.

International segment sales increased 16% year-over-year to $32.1 billion, or increased 11% excluding changes in foreign exchange rates.

AWS segment sales increased 12% year-over-year to $23.1 billion.

Operating income increased to $11.2 billion in the third quarter, compared with $2.5 billion in third quarter 2022.

North America segment operating income was $4.3 billion, compared with an operating loss of $0.4 billion in third quarter 2022.

International segment operating loss was $0.1 billion, compared with an operating loss of $2.5 billion in third quarter 2022.

AWS segment operating income was $7.0 billion, compared with operating income of $5.4 billion in third quarter 2022.

Net income increased to $9.9 billion in the third quarter, or $0.94 per diluted share, compared with $2.9 billion, or $0.28 per diluted share, in third quarter 2022.

Third quarter 2023 net income includes a pre-tax valuation gain of $1.2 billion included in non-operating income (expense) from the common stock investment in Rivian Automotive, Inc., compared to a pre-tax valuation gain of $1.1 billion from the investment in third quarter 2022.

Operating cash flow increased 81% to $71.7 billion for the trailing twelve months, compared with $39.7 billion for the trailing twelve months ended September 30, 2022.

Free cash flow improved to an inflow of $21.4 billion for the trailing twelve months, compared with an outflow of $19.7 billion for the trailing twelve months ended September 30, 2022.

Free cash flow less principal repayments of finance leases and financing obligations improved to an inflow of $15.9 billion for the trailing twelve months, compared with an outflow of $28.5 billion for the trailing twelve months ended September 30, 2022.

Free cash flow less equipment finance leases and principal repayments of all other finance leases and financing obligations improved to an inflow of $20.2 billion for the trailing twelve months, compared with an outflow of $21.5 billion for the trailing twelve months ended September 30, 2022.

“We had a strong third quarter as our cost to serve and speed of delivery in our Stores business took another step forward, our AWS growth continued to stabilize, our Advertising revenue grew robustly, and overall operating income and free cash flow rose significantly,” said Andy Jassy, Amazon CEO.
“The benefits of moving from a single national fulfillment network in the U.S. to eight distinct regions are exceeding our optimistic expectations, and perhaps most importantly, putting us on pace to deliver the fastest delivery speeds for Prime customers in our 29-year history. The AWS team continues to innovate and deliver at a rapid clip, particularly in generative AI, where the combination of our custom AI chips, Amazon Bedrock being the easiest and most flexible way to build and deploy generative AI applications, and our coding companion (CodeWhisperer) allowing enterprises to have the equivalent of an experienced engineer who understands all of their proprietary code is driving momentum with customers, including adidas, Booking.com, GoDaddy, LexisNexis, Merck, Royal Philips, and United Airlines, all of whom are starting to run generative AI workloads on AWS. Between AWS re:Invent and our 29th holiday shopping season, this is a particularly action-packed time of year at Amazon and we’re excited for what’s to come.”

Highlights

Obsessing over the customer experience

Amazon obsesses over how to make customers’ lives better and easier every day with new and improved products and services. This is true for consumers, sellers, brands, developers, enterprises, and creators. For example, Amazon:

Sold hundreds of millions of items worldwide during Prime Big Deal Days, Amazon’s largest two-day October holiday kick-off event ever. Prime members across 19 countries saved more than $1 billion on millions of deals. On the first day of the event, U.S. Prime members purchased more than 25 million items with Same-Day or Next-Day Delivery, with hundreds of thousands of items delivered within four hours of purchase.

Announced new Buy with Prime features to help merchants grow their businesses on their own websites, such as the ability to integrate Buy with Prime with Shopify. The Buy with Prime app for Shopify will make it easier for Shopify merchants to manage their businesses, with inventory, pricing, and promotions automatically synced in one place. In addition, Buy with Prime Assist enables merchants to offer 24/7 post-order customer service support at no additional cost, and the Buy with Prime cart feature allows customers to purchase multiple Buy with Prime products in one transaction from a single merchant.

Announced new offerings to help customers get and stay healthy, including an expanded Amazon Clinic virtual health care marketplace now available across the U.S. to provide care for more than 35 conditions, and 60-minute delivery of medications through Amazon Pharmacy using Prime Air drones in College Station, Texas. Additionally, Amazon Pharmacy partnered with Blue Shield of California on a first-of-its-kind model to provide more affordable pharmacy care to its members, where Amazon Pharmacy will offer fast, free home delivery of prescription medications to more than 4.8 million Blue Shield of California members, starting in 2025.

Partnered with BuzzFeed, Hearst Newspapers, Pinterest, Raptive, and Ziff Davis brands like Lifehacker and Mashable, among others, to display sponsored product ads on their apps and websites for products sold in Amazon’s U.S. store. These third-party ad partnerships will make it easier for customers to move from inspiration to buying in one or two clicks.

Attracted 15.1 million viewers for the Thursday Night Football (TNF) season opener, Prime Video’s most watched TNF game ever, according to Nielsen. Through the first six games, TNF averaged 12.9 million viewers, an increase of 25% from last season’s six-game average, according to Nielsen. Season to date, the median age for TNF viewers is 47, which is seven years younger than the median age watching the NFL on linear networks.

Debuted the second season of Amazon Original series The Summer I Turned Pretty, which had double the global audience in the first three days compared to Season One. In addition, for the first seven weeks after its debut, it was the most viewed series on Prime Video in over 100 countries.

Released Amazon Original films and series A Million Miles Away, the real-life story of NASA flight engineer José Hernández; Red, White & Royal Blue, the romantic comedy based on Casey McQuiston’s New York Times best-selling novel; The Burial, a true story exposing corporate corruption and racial injustice, starring Jamie Foxx and Tommy Lee Jones; Sitting in Bars with Cake, the story of baking and best friends; and Gen V, an expansion of The Boys Universe. Amazon also premiered the second seasons of the hit young-adult drama The Summer I Turned Pretty and the fantasy series The Wheel of Time, and rebooted the globally beloved soap opera Neighbours.

Premiered new films from Amazon MGM Studios, including American Fiction, which won the People’s Choice Award at the Toronto International Film Festival. The film will begin its theatrical release in December. Amazon MGM Studios also released the indie film Bottoms, which opened in select U.S. markets on August 25.

Launched Prime Video Channels and the Prime Video Store in Chile and Colombia, and grew Prime Video’s international slate of content with more than 40 local Amazon Originals and live sporting events. This includes: The Lost Flowers of Alice Hart (Australia), Cangaço Novo (Brazil), Los Iniciados (Colombia), All or Nothing: The German National Team in Qatar (Germany), Made in Heaven (India), The Ferragnez - The Series (Italy), Sanremo Special (Italy), and Wilderness (UK).

Entered a strategic collaboration to advance generative AI with Anthropic. As part of the expanded collaboration, Anthropic selected AWS as its primary cloud provider and will build and deploy future generations of its foundation models on AWS Trainium and AWS Inferentia chips. Anthropic plans to run the majority of its workloads on AWS and will also provide AWS customers with access to future generations of its foundation models via Amazon Bedrock. Amazon developers and engineers will have the opportunity to build with Anthropic models to enhance existing applications and create new customer experiences.

Announced new AI-driven commitments and expansions from AWS customers.

BMW Group selected AWS to power its next-generation of automated driving platform, which will use BMW's preexisting Cloud Data Hub on AWS, and will use AWS compute, generative AI, Internet of Things (IoT), machine learning (ML), and storage capabilities to help accelerate the delivery of highly automated BMW vehicles.

UK-based bank NatWest expanded its partnership with AWS to accelerate the responsible use of AI and co-create AI products on foundation models available through Amazon Bedrock to enhance the financial well-being of its 10 million customers.

Occidental, an international energy company and carbon management leader, selected AWS as its preferred cloud provider to improve operational efficiencies, reduce IT infrastructure costs, and develop systems for carbon removal plants, which are expected to capture 1 million metric tons per year. Occidental is leveraging AWS analytics and ML services like Amazon Elastic Compute Cloud (Amazon EC2), Amazon Elastic Block Store (Amazon EBS) to scale IT resources, and AWS Lake Formation to increase efficiencies and extract greater value from operational data.

PwC announced a collaboration with AWS to deliver a goal of $800 million in business value to clients and strengthen PwC’s offerings, including cloud migration and modernization, data and analytics, cybersecurity and risk, customer experience, managed services, generative AI, and climate reporting and transition to net-zero carbon emissions.

EVERSANA, provider of commercial services to the global life sciences industry, teamed up with AWS to use Amazon Bedrock to accelerate generative AI use cases to help pharmaceutical and life science manufacturers drive efficiencies and business value while improving patient outcomes.

DS Smith, a sustainable packaging provider, will leverage AWS’s global infrastructure, advanced analytics, IoT, AI, and ML to derive deeper business intelligence, deliver new digital customer experiences, and drive automation at scale across its supply chain, including real-time monitoring of manufacturing capacity and supply chain management to support sustainability targets.

Abdul Latif Jameel, an internationally diversified business, selected AWS as its preferred cloud provider to use AWS analytics, ML, and Amazon Bedrock to develop generative AI applications that will help car manufacturers offer digital showroom experiences for customers and enhance in-car experiences, while reducing development costs.

South Korean game developer NCSOFT launched seven large language models (LLMs) on Amazon SageMaker JumpStart to democratize generative AI in Korea and accelerate development of new gaming and creative applications.

Genpact, a global professional services firm, expanded its relationship with AWS to transform its financial crime risk operations by leveraging generative AI and LLMs. Genpact is accelerating efficiencies and impact for their clients by integrating their proprietary cloud-based financial crime suite with Amazon Bedrock.

Continued to expand AWS’s infrastructure footprint to support customers by launching the AWS Israel (Tel Aviv) Region and a new AWS Local Zone in Phoenix, Arizona. The AWS Israel (Tel Aviv) Region is estimated to support an average of 7,700 full-time equivalent jobs annually through a planned investment of $7.2 billion through 2037.

Inventing on behalf of customers

Amazon is driven by a passion for invention across all of its business areas. The company builds new products and services that customers ask for, and also invents new ones that customers didn’t know they wanted but make their lives or businesses better in some meaningful way. For example, Amazon:
Launched product review highlights, a new generative AI–powered feature that lets shoppers in Amazon’s U.S. store quickly determine what other customers are saying about a product before reading through reviews. Review highlights provide a short paragraph on the product detail page with features and customer sentiment frequently mentioned across reviews.

Introduced generative AI capabilities to help sellers create product listings as part of numerous innovations at Accelerate 2023, Amazon’s annual seller conference. Other announcements included an end-to-end, fully automated set of supply chain services called Supply Chain by Amazon that allows sellers to quickly and reliably move products directly from their manufacturers to customers. In India, Amazon also announced a generative AI–based digital assistant to help small businesses establish an ecommerce presence. The tool will help sellers with registration, listing, and advertising.

Previewed a smarter and more conversational Alexa, powered by generative AI and an LLM custom-built for voice interactions. New conversational AI capabilities include the ability to make multiple requests at once, make more ambiguous smart home requests, set up an Alexa Routine entirely by voice instead of the app, and make more natural and conversational requests without having to use specific phrases or device names.

Announced new LLM tools that will make it easier for developers to create more conversational and intuitive Alexa experiences for their customers. Brands using these new tools include BMW, Character.AI, iRobot, Philips Hue, Splash, and Volley.

Introduced the next-generation Echo Show 8 built-in smart home hub that can process common smart home requests 40% faster than previous generations, Echo Hub smart home control panel to manage smart home devices, and next-generation Echo Frames smart audio glasses with hands-free access to Alexa, extended battery life, and improved audio.

Announced updates to the Fire TV experience, including an enhanced AI-powered Fire TV voice search, so customers can ask Alexa open-ended questions about TV shows and movies using conversational language; a “Continue Watching” row that aggregates content from streaming entertainment providers, including Amazon Freevee, Disney+, Hulu, MGM+, Peacock, and STARZ; and an AI Art feature, so customers can create artwork on their Fire TV devices using their voice.

Unveiled the Fire TV Stick 4K Max, which comes with the Fire TV Ambient Experience that turns the TV into an always-smart display so customers can see Calendars and Reminders, control smart devices, or play audio. Amazon also introduced the Fire TV Stick 4K with support for Wi-Fi 6, and the Fire TV Soundbar that provides room-filling sound with support for DTS Virtual:X and Dolby Audio.

Expanded home security offerings with the Ring Stick Up Cam Pro, giving customers an aerial perspective to pinpoint and send more accurate alerts; Blink Outdoor 4, with improved image quality for person detection; and Blink Sync Module Pro with extended range, giving customers options in where they install their cameras.

Introduced eero Max 7, which combines patented TrueMesh networking technology with the latest Wi-Fi 7 standard to dramatically increase speeds, avoid interference, and improve latency.

Kicked off Project Kuiper’s Protoflight mission with the launch of two prototype satellites aboard an Atlas V rocket from United Launch Alliance. Project Kuiper, Amazon’s low Earth orbit satellite broadband initiative, will use this multimonth mission to test its satellites and network from space, and collect data ahead of the planned start of satellite production later this year. Project Kuiper also announced a partnership with Vodafone and Vodacom to extend the reach of their 4G/5G networks in Africa and Europe, provide backup to businesses, scale for major events, and quickly recover after disasters.

Enhanced the viewing experience for Thursday Night Football with AI-driven features powered by AWS, such as Prime Targets and Defensive Alerts. Prime Targets uses ML to highlight which receivers are in position to convert a first down. Defensive Alerts uses a generative AI model that grows more accurate over time to identify players that are likely to rush the quarterback.

Announced new AWS technologies and capabilities that help customers of all sizes take advantage of generative AI, improve productivity, and enhance their security posture. Customers are using Amazon Bedrock to bring generative AI to their businesses, including adidas, Booking.com, Bridgewater Associates, Clariant, Coda, GoDaddy, LexisNexis Legal & Professional, Lonely Planet, Merck, Royal Philips, Showpad, Travelers, and United Airlines.

New offerings include:
General availability of Amazon Bedrock, a fully managed service that offers leading foundation models as a single application programming interface (API), along with capabilities that help customers build generative AI applications, simplifying development while maintaining privacy and security.
More choice for Amazon Bedrock customers with the addition of Meta as a model provider. Amazon Bedrock is the first service to offer Meta’s Llama 2 model as a fully managed service available through a single API.

New model customization capability for Amazon CodeWhisperer, an AI-powered coding companion, allowing organizations to securely customize CodeWhisperer suggestions to include their internal code base.

AWS Entity Resolution, an ML-powered analytics service that helps organizations improve the quality of their data by analyzing, matching, and linking related consumer, business, and product records stored across multiple applications, channels, and data stores.

New business intelligence authoring capabilities for Amazon QuickSight, so data analysts can use natural language queries to ask forecast and “why” questions, receive accurate answers, and create compelling visualizations in seconds.

Empowering employees and delivery service partners

In addition to its focus on customers, Amazon strives to make every day better for its employees and delivery service partners. For example, the company:

Announced that Amazon will hire 250,000 full-time, part-time, and seasonal employees in the U.S. this holiday season. Amazon also announced its largest-ever annual investment in U.S. hourly employee pay—$1.3 billion—bringing the new average hourly wage for customer fulfillment and delivery roles to more than $20.50 per hour. Over the last five years, Amazon has invested $10 billion in hourly employee wages.

Added 14 benefits to Amazon’s FamilyFlex program, which provides operations employees and their family members with tools to help them achieve personal and professional growth. New benefits include financial wellness resources, mental health offerings, and temporary schedule adjustment policies for flexibility. Amazon also extended its family-building and fertility benefits to support more than 1 million employees and their partners across Africa, Asia-Pacific, Europe, Latin America, and the Middle East.

Announced an $840 million investment in the Delivery Service Partner (DSP) program in the U.S. to support DSPs in providing higher wages and more benefits to drivers, including childcare-support services and tuition reimbursement for coursework at accredited universities as part of the Next Mile education program, which already offers access to more than 2,000 academic programs and up to $5,250 in annual tuition coverage.

Supporting communities and protecting the environment

Amazon believes that success and scale bring broad responsibility to help the planet, future generations, and communities. Amazon employees have passion for investing in these areas, and a sampling of the efforts from this past quarter are that Amazon:

Supporting humanitarian aid efforts amid the Israel-Hamas war. Amazon is focused on ensuring that employees in the area are safe and have access to resources such as My HR Live Support, where employees can discuss their specific situations with advisers, and the Employee Assistance Program, which provides resources to support employees and their families. Amazon’s disaster relief team has been in close contact with international humanitarian relief partners and is making financial contributions to these organizations. Amazon is making it easy for employees to contribute to them through Amazon GIVEhub, an internal tool to support volunteerism, donations, and community engagement.

Activated Amazon’s disaster relief teams to provide support in response to the Maui wildfires, Hurricane Idalia in Florida, and the earthquake in Morocco. Amazon mobilized its global logistics infrastructure and inventory, and quickly donated more than 300,000 relief items. Additionally, AWS helped set up temporary communications infrastructure to provide internet and phone connectivity in Maui in collaboration with the Information Technology Disaster Resource Center, and funded mappers to assess the earthquake-affected areas in Morocco.

Committed to promoting the safe, secure, and transparent development of AI technology in collaboration with the White House, policymakers, technology organizations, and the AI community. The commitment builds on Amazon’s approach to responsible AI development and lays the groundwork for enhancing the benefits of AI and minimizing its risks.

Published the company’s latest Economic Impact Study, which estimates that Amazon generated more than $240 billion in investment in the U.S. in 2022 and supported more than 2 million indirect jobs across industries such as logistics, construction, hospitality, and professional services, among others.

Announced a $40 million program to help moderate-income residents in Amazon’s hometown communities become homeowners. As part of the Amazon Housing Equity Fund, this is the first program aimed at homeownership—helping members in these communities purchase homes and build generational wealth.

Celebrated its annual Global Month of Volunteering in September, when tens of thousands of Amazon employees in more than 50 countries volunteered with over 400 community organizations around the world.

Announced that 90% of electricity consumed by Amazon in 2022 was powered by renewable energy sources—up from 85% in 2021. From 2014 through 2022, Amazon’s wind and solar farms helped generate $12.6 billion in investments for communities around the world, and contributed more than $5.4 billion in global gross domestic product (GDP). Amazon now has more than 400 wind and solar projects globally.

Announced that the company will require suppliers to share their carbon emissions data with Amazon and set carbon goals beginning in 2024, and that Amazon will provide tools and resources to help suppliers reach their goals. Amazon also announced the Sustainability Solutions Hub, a new resource to help independent sellers in France, Germany, Italy, Spain, UK, and U.S. with product and packaging sustainability efforts.

Invested in direct air capture, a technology that chemically scrubs carbon dioxide from the air before storing it deep underground or in applications like building materials and low-carbon fuels, from 1PointFive and CarbonCapture Inc.

Announced that in 2022 Amazon decreased single-use plastic by 11.6% across its global operations by expanding paper-based packaging, continuing to use lighter and more flexible packaging, and eliminating packaging altogether where possible.

Financial Guidance

The following forward-looking statements reflect Amazon.com’s expectations as of October 26, 2023, and are subject to substantial uncertainty. Our results are inherently unpredictable and may be materially affected by many factors, such as fluctuations in foreign exchange rates, changes in global economic and geopolitical conditions and customer demand and spending (including the impact of recessionary fears), inflation, interest rates, regional labor market constraints, world events, the rate of growth of the Internet, online commerce, cloud services, and new and emerging technologies, and the various factors detailed below.

Fourth Quarter 2023 Guidance

Net sales are expected to be between $160.0 billion and $167.0 billion, or to grow between 7% and 12% compared with fourth quarter 2022. This guidance anticipates a favorable impact of approximately 40 basis points from foreign exchange rates.

Operating income is expected to be between $7.0 billion and $11.0 billion, compared with $2.7 billion in fourth quarter 2022.

This guidance assumes, among other things, that no additional business acquisitions, restructurings, or legal settlements are concluded.

A conference call will be webcast live today at 2:30 p.m. PT/5:30 p.m. ET, and will be available for at least three months at amazon.com/ir. This call will contain forward-looking statements and other material information regarding the Company’s financial and operating results.

[DiscoverGold]

Amazon Stock UP $6.33 = 125.99 after reporting earnings, as I post.

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[DiscoverGold]

AMAZON $AMZN Just Reported Earnings...
By: Evan | October 26, 2023

• AMAZON $AMZN JUST REPORTED EARNINGS

EPS of $0.93 beating expectations of $0.60
Revenue of $143.1B beating expectations of $141.6B

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[eastunder]

Bring it on. Let's see how bad these earnings are (or aren't)

[Felesha]

It will take a lot for this to go below 100

[56Chevy]

Marker:

AMZN

$119.07 -9.49 (-7.38%)
Volume: 69,809,734

[DiscoverGold]

Amazon $AMZN Unusual Put Sweep Order
By: Cheddar Flow | October 25, 2023

• $AMZN Unusual Put Sweep Order



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[DiscoverGold]

Amazon $3.3 Million Call • Strike: 120 • Expiration: 1/19/24
By: Cheddar Flow | October 24, 2023

• $AMZN $3.3M Call

Strike: 120
Expiration: 1/19/24

*At the Ask*



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[DiscoverGold]

Amazon's $AMZN stock performance each full year since going public
By: Evan | October 21, 2023

• Amazon's $AMZN stock performance each full year since going public

1998: +966.7%
1999: +42.2%
2000: -79.6%
2001: -30.5%
2002: +74.6%
2003: +178.6%
2004: -15.8%
2005: +6.5%
2006: -16.3%
2007: +134.8%
2008: -44.7%
2009: +162.3%
2010: +33.8%
2011: -3.8%
2012: +44.9%
2013: +59%
2014: -22.2%
2015: +117.9%
2016: +11%
2017: +56%
2018: +28.4%
2019: +23%
2020: +76.3%
2021: +2.4%
2022: -49.5%
2023*: +49% (So far)

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[DiscoverGold]

Let's filter for $MSFT and $AMZN unusual options from the last 10 days worth > 250K that was a sweep order at or above the ask. Overwhelmingly bullish flow.
By: TrendSpider | October 21, 2023

• Let's filter for $MSFT and $AMZN unusual options from the last 10 days worth > 250K that was a sweep order at or above the ask.

Overwhelmingly bullish flow.



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[buyittradeit]

$AMZN Earnings coming in

[DiscoverGold]

$AMZN Year-to-Date Volume Profile shows a pit of despair below $124
By: TrendSpider | October 20, 2023

• $AMZN Year-to-Date Volume Profile shows a pit of despair below $124.



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[Bunti]

https://finance.yahoo.com/video/amazon-pharmacy-testing-medication-delivery-212730055.html

[DiscoverGold]

Amazon & $AMZN have the most bearish flow by far today
By: Cheddar Flow | October 16, 2023

• $NVDA & $TSLA have the most bullish flow by far today.



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[DiscoverGold]

Amazon $AMZN partially filled the gap to the 50D and rejected for now. Closed on the 8D see if holds if not 124 may be back in play
By: Options Mike | October 15, 2023

• $AMZN partially filled the gap to the 50D and rejected for now. Closed on the 8D see if holds if not 124 may be back in play.



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[eastunder]

Amazon.com to Webcast Third Quarter 2023 Financial Results Conference Call
October 12, 2023

SEATTLE--(BUSINESS WIRE)-- Amazon.com, Inc. (NASDAQ: AMZN) announced today that it will hold a conference call to discuss its third quarter 2023 financial results on Thursday, October 26, 2023, at 2:30 p.m. PT/5:30 p.m. ET.

The event will be webcast live, and the audio and associated slides will be available for at least three months thereafter at www.amazon.com/ir.

[DiscoverGold]

Amazon $2+ Million Call Sellers • Strike: 125 • Expiration: 12/15/23
By: Cheddar Flow | October 13, 2023

• $AMZN $2M+ Call Sellers

Strike: 125
Expiration: 12/15/23

*At the Bid*



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[DiscoverGold]

$AMZN Another ~ $1 Million Unusual Call Print Only 1DTE too
By: Cheddar Flow | October 12, 2023

• $AMZN Another ~$1M Unusual Call Print

Only 1DTE too



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[DiscoverGold]

Bull of the Day: Amazon (AMZN)
By: Zacks Investment Research | October 11, 2023

Amazon (AMZN) is one of the most widely-recognized e-commerce giants, with the company also enjoying a dominant space in cloud computing thanks to AWS (Amazon Web Services).

It’s one of several stocks that have helped lead the market’s surge in 2023, being classified as one of the ‘Magnificent Seven.’

Analysts have taken their earnings expectations higher across the board, landing the stock into the highly-coveted Zacks Rank #1 (Strong Buy).


Image Source: Zacks Investment Research

The company resides within the Zacks Internet – Commerce industry, which is currently ranked in the top 26% of all Zacks industries. Roughly half of a stock’s movement can be attributed to its group, helping to clarify the importance of targeting industries with favorable current standings.

Aside from the favorable earnings outlook, let’s take a closer look at a few other characteristics of Amazon.

Current Standing

As mentioned previously, Amazon shares have been big-time performers in 2023, up more than 50% and widely outperforming the S&P 500’s impressive 14% YTD gain on the back of an improved operating environment and a strong consumer.

The company’s success in 2023 has been reflected by its quarterly performance, with Amazon exceeding Zacks Consensus EPS and revenue estimates in three consecutive quarters. In its latest print, the market titan delivered an 85% EPS beat and posted revenue 2% ahead of expectations.

Below is a chart illustrating the company’s revenue on a quarterly basis.


Image Source: Zacks Investment Research

The heavyweight is scheduled to reveal its next set of quarterly results near late October. Currently, the Zacks Consensus EPS Estimate of $0.58 suggests a 190% improvement from the year-ago quarter, with our $141.9 billion quarterly revenue estimate implying growth of 11.6% year-over-year.

The revisions trend has been notably bullish for the quarter-to-be-reported, with the $0.58 per share consensus estimate up nearly 50% since July.


Image Source: Zacks Investment Research

In addition, it was recently revealed that Amazon will invest up to $4 billion in Anthropic, an AI safety and research company based in San Francisco and a rival of OpenAI. We’re all aware that AI is Wall Street’s shiny new toy in 2023, constantly dominating headlines.

The deal reflects a partnership to develop reliable and high-performing foundation models, with AWS now becoming Anthropic’s primary cloud provider for critical workloads. Regarding AWS expectations for the upcoming print, the Zacks Consensus Estimate for AWS Net Sales stands at $23.2 billion, 13% higher than the year-ago figure.

As shown below, the company has recently exceeded consensus expectations for AWS Net Sales in back-to-back releases.


Image Source: Zacks Investment Research

Bottom Line

Investors can implement a stellar strategy to find expected winners by taking advantage of the Zacks Rank – one of the most powerful market tools that provides a massive edge.

The top 5% of all stocks receive the highly coveted Zacks Rank #1 (Strong Buy). These stocks should outperform the market more than any other rank.

Amazon (AMZN Quick QuoteAMZN - Free Report) would be an excellent stock for investors to consider, as displayed by its Zack Rank #1 (Strong Buy).

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[DiscoverGold]

$AMZN Opening weekly sweeper in to the 10/13 $128 Calls ~ #551K premium
By: Markets & Mayhem | October 9, 2023

• $AMZN Opening weekly sweeper in to the 10/13 $128 CALLS ~ #551K premium

Prime day kicks off tomorrow.



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[DiscoverGold]

Amazon.com (AMZN) Stock Sports Solid Technical Setup
By: Schaeffer's Investment Research | October 4, 2023

• Several layers of support are propping up Amazon.com stock

• AMZN managed to move higher despite surging short interest

Amazon.com Inc (NASDAQ:AMZN) stock has pulled back to its 126-day moving average (or six-month trendline), which coincides with its +50% year-to-date level. Plus, $124.68 – a level that appears to have kept last week’s pullback in check – is 1.5 times the stock’s 2023 closing low.

The security gapped higher after earnings in early August, but is now trading back around its pre-earnings close. Plus, Wednesday’s doji candle may be indicative that AMZN’s short-term pullback from its 2023 peak is over.



Though short interest isn’t very high relative to float and volume, it’s still worth noting that shorts have increased their position size by 43%, but the stock still rose despite this headwind.

There is plenty of room for AMZN to run up to analysts’ 12-month consensus price target of $170.37. Plus, the 120- and 125-strikes are both put heavy, as well as all options expiring through December. Our recommended call option has a leverage ratio of 6.57, and will double on a 15.3% pop in the underlying shares.

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[DiscoverGold]

$AMZN Unusual Call Sell Order *Below the Bid*
By: Cheddar Flow | October 2, 2023

• $AMZN Unusual Call Sell Order

*Below the Bid*



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[DiscoverGold]

Amazon.com, Inc. $AMZN weaker, rejected at the 8D for now. 123 small support
By: Options Mike | September 30, 2023

• $AMZN weaker, rejected at the 8D for now.

123 small support.



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[detearing]

Government milking the AMZN cow soon...SOP...

DEW strike of Maui and two CA cities blaming elec. Co...by US military...if news cones out? Civil unrest and AMZN will avoid the brick n mortar closres...

AMZN an easy target to bilk a little...

Upside first quarter my guess

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Amazon $AMZN $141.6K Call YOLOish
By: FLOWrensics | September 28, 2023

• $AMZN YOLOish.



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[DiscoverGold]

Amazon $2 Million Call Seller • Strike: 120 • Expiration: 12/15/23
By: Cheddar Flow | September 27, 2023

• $AMZN $2M Call Seller

Strike: 120
Expiration: 12/15/23

*At the Bid*



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[starman2]

https://www.wsj.com/tech/ftc-sues-amazon-alleging-illegal-online-marketplace-monopoly-6bd9af23

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$AMZN Massive bear pennant breakdown for Amazon after losing 6 months of trendline support last week
By: TrendSpider | September 26, 2023

• $AMZN Massive bear pennant breakdown for Amazon after losing 6 months of trendline support last week.



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Amazon $AMZN Unusual OTM Put (Opening Order)
By: Cheddar Flow | September 26, 2023

• $AMZN Unusual OTM Put (Opening Order)

Strike: 119
Expiration: 10/06/23

*At the Ask*



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[DiscoverGold]

Amazon (AMZN) Put Option Premiums Are Worth Shorting Here for Income
By: Barchart | September 25, 2023

Amazon (AMZN) made positive free cash flow (FCF) in Q2 when it announced its results on Aug. 3. It could also have another positive quarter in Q3. However, AMZN stock has been weak lately, pushing up its put option premiums. That makes it ideal to sell short out-of-the-money (OTM) put options in order to gain income.

I discussed the company's free cash flow developments in my Aug. 4 Barchart article, “Amazon Stock Soars as It Returns to Positive Free Cash Flow, But It's Still Cheap.” As a result, I showed how AMZN stock could be worth as much as $173.00 per share based on its positive FCF.

That would be a potential gain of 33% over its price today of $130 or so.

FCF Estimates And Price Target

For example, the company said its FCF had an inflow of $7.9 billion over the trailing 12 months (TTM). That worked out to 1.46% of its TTM revenue and I forecast that it could reach 3.0% over the next year or so.

Since analysts now project that sales could rise to $637 billion, this means that its projected FCF could reach $19.11 billion. In fact, Amazon made a 5.26% FCF margin in Q4 2020.

Therefore, on a best-case basis, Amazon could potentially make 5% from $640 billion in sales next year. That puts its estimated FCF at $32 billion.

Using a 2% FCF yield metric means its market cap could eventually rise to $1.6 trillion (i.e., $32 billion/0.02). That is 20% over today's market cap of $1.333 trillion.

In other words, AMZN stock could potentially rise 20% from $130 to $156.00 per share. But remember, this is on a best-case basis.

In the meantime, AMZN stock put options have been rising.

Shorting OTM Puts

This means investors expect the stock to fall further. But we can take advantage of that, at least for expiration periods before the next earnings release. To do this we short out-of-the-money strike prices in a near-term expiration period.

For example, for the Oct. 13 expiration period, which is 18 days from now, the $124 strike price puts trade at a premium of $1.34 per contract. This strike price is 5% below today's price.


AMZN Puts - expiring Oct. 13 - Barchart - As of Sept. 25

That means that the investor who sells short these puts can make 1.08% in income over a less-than 3-week period. AMZN stock would have to fall more than 5% before the investor would be required to buy the stock at $124.00 per share.

Here is what that means. If an investor secures $12,400 in cash and/or margin with the brokerage firm, they can enter an order to “Sell to Open” one put contract at the $124 strike price. Then the account will immediately receive $134 from the short sale of the put contract.

That $134 works out to a yield of 1.08% on the $12,400 invested in the trade. If this play is repeated every 3 weeks, the annualized expected return is 18.36%, since there are 17 periods of 3 weeks in a year.

In other words, the investor could make an expected return (a theoretical return) of $2,278 on the $12,400 invested, if this is repeated at this same price over a year.

Moreover, even if the stock falls to $124.00 and the puts are exercised, the investor gets to keep the $134.00. So, the effective breakeven price is actually $124.00 - $1.34, or $122.66. That is over 5.5% below today's price - giving the investor extra room for profitability.

This shows that there is plenty of upside in AMZN stock, especially if it reports stellar positive FCF.

But even if it doesn't investors can make money shorting puts for income for expiration periods before it reports its Q3 FCF numbers.

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[DiscoverGold]

Amazon.com Stock Pops on AI Startup Investment
By: Schaeffer's Investment Research | September 25, 2023

• The e-commerce firm will invest up to $4 billion in Anthropic

• The company is ramping up competition with Alphabet and Microsoft

Amazon.com, Inc. (NASDAQ:AMZN) is dipping its toes in the artificial intelligence (AI) industry. The e-commerce giant said it will invest up to $4 billion in cash in Anthropic, a prominent startup in the space, as it looks to ramp up competition with both Microsoft (MSFT) and Alphabet (GOOGL).

The security is up 0.4% to trade at $129.68 at last check, after taking a breather from its Sept. 14, one-year high of $145.86. The $128 level contained this pullback, after stopping selloffs in August and July as well. AMZN is up more than 53% so far in 2023, with support form its 100-day moving average.

The options pits lean bullish, per Amazon.com stock's 50-day call/put volume ratio of 2.21 over at the International Securities Exchange (ISE), Cboe Options Exchange (CBOE), and NASDAQ OMX PHLX (PHLX) that ranks in the 77th percentile of readings from the past year.

Attractively priced premiums make now an excellent time to gamble on AMZN's next move. The security's Schaeffer's Volatility Index (SVI) of 30% ranks in the 15th percentile of its annual range, suggesting options traders are now pricing in low volatility expectations.

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[DiscoverGold]

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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[barnyarddog]

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

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Call Selling is considered bearish since a trader believes the stock’s price is likely to fall.

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[krobar]

Is this bullish or bearish?

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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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[detearing]

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

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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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[mik1234]

Nice chart Amzn for last year

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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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