Consumer demand slowing significantly Amazon Mandates Office Return

Amazon has announced a new policy requiring its corporate employees to work from the office five days a week.. This shift marks a significant change from the company’s current three-day hybrid model. According to Amazon CEO Andy Jassy, in-person work fosters collaboration, innovation, and the company’s sense of culture.

This move makes Amazon one of the strictest return-to-office policy holders among Seattle’s tech giants, although some companies have been gradually increasing in-person requirements recently. The new policy aims to promote a sense of community and teamwork, which Jassy believes is essential for Amazon’s success.

The change comes as more companies are pulling back on remote work, and Amazon’s decision may set a precedent for other Big Tech companies to follow. Other executives, such as Elon Musk and Marc Benioff, have also advocated for a return to pre-pandemic norms of office culture.

It remains to be seen how employees will respond to this new policy, as some may have grown accustomed to the flexibility of remote work. However, Amazon’s move is a significant development in the ongoing debate about the future of work and the role of offices in the modern workplace.

All of a sudden they had an opinion....and what had happened was .

I've dealt with these individuals.....

They thinking tough Amazon's and snu snu words like pennies.....and their profit margins....

I've had amazon since 06.....I like the dolphins and the yahoo commercials better 10 years back slap from that...

Amazon is investing an additional $2.1 billion in the Delivery Service Partner program—its biggest investment yet.

Nice. I may go visit yo see the Brazilian butts

Amazon's AWS to invest $1.8 billion in Brazil through 2034
By Reuters
September 11, 20244:18 PM EDT
Look out .................

One of these days this chit is going to run. I am in for the long haul

Amazon share price Triple Top Breakout today on 11-Sep-2024. GLTA

Amazon Unit Launches Global Passport Program to Support Businesses in International Expansion
11:58:03 AM ET, 09/06/2024 - MT Newswires
11:58 AM EDT, 09/06/2024 (MT Newswires) -- Amazon.com (AMZN) said Thursday its Amazon Web Services unit has launched the Global Passport Program to assist independent software vendors expand their businesses internationally.

The service includes strategic planning workshops, technical support for multi-region deployments and guidance on regulatory compliance for different regions.

Amazon Web Services also partnered with growth consultancy firm Think and Grow to offer additional strategic consulting to support independent software vendors in scaling their businesses.

PS: Adding more shares last Friday was timely with the price jump today of $4.15 (2.42%), at this time today. GLTA

I think it is a good price. And, I added more shares.

I will keep on buying in steps should it continue going down.

My average cost now stands at $165 per share.

Cheers & GLTA

Is Amazon $AMZN cheap here at 42 times earnings?
By: TrendSpider | September 1, 2024

• Is Amazon cheap here at 42 times earnings?



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$AMZN Net Options Delta: +702K shares
By: Theta Warrior | August 30, 2024

• $AMZN Net Options Delta: +702K shares.



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Amazon $AMZN flow is starting to get active
By: Cheddar Flow | August 26, 2024

• $AMZN & $SMCI flow is starting to get active



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Aight bruh, been accumulating, let’s goooooooooooo amzn

$AMZN 200-day reclaimed, earnings gap filled...
By: TrendSpider | August 25, 2024

• 200-day reclaimed, earnings gap filled...

$AMZN looks ready to rock.



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$AMZN Debt-to-Equity Ratio The signs of a healthy business
By: TrendSpider | August 22, 2024

• Stock Price

Debt-to-Equity Ratio

The signs of a healthy business. $AMZN



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Cathie Wood Is Buying Tons of This Hot Artificial Intelligence (AI) Stock, and It Might Surprise You
By Jennifer Saibil – Aug 18, 2024 at 7:17AM
It's AMZN

Yeee haaaaa. Finally.

Maybe this has something to do with the SPIKE T0DAY!
Sales at US retailers unexpectedly surged in July, the Commerce Department said Thursday, rising by a solid 1% from the prior month, up from June’s downwardly revised 0.2% decline. That trounced economists’ expectations of a 0.3% gain.

Will easily be $300 by 2026.

AWS is a monster profit machine.

AMZN is unstoppable.

Adding again - nice

$AMZN Millions worth of more tech call LEAPS again today
By: Cheddar Flow | August 14, 2024

• $AMZN, $CRM Millions worth of more tech call LEAPS again today.



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Cathie Wood & Ark Invest's Buys 7,055 Shares of Amazon com Inc. (AMZN)
By: Markets & Mayhem | August 9, 2024

• Cathie Wood and Ark Invest's trade activity from today 8/9.





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Amazon $AMZN 2nd consecutive weekly close below the 200D moving average
By: Barchart | August 9, 2024

• 2nd consecutive weekly close below the 200D moving average for Amazon $AMZN.



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$AMZN The best kind of divergence. Price goes up, but it's cheaper to own.
By: TrendSpider | August 9, 2024

• The best kind of divergence. $AMZN

Price goes up, but it's cheaper to own.



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Large $5.3 Million Institutional Block Call LEAPS on Amazon $AMZN
By: Cheddar Flow | August 9, 2024

• Large $5.3M Institutional Block Call LEAPS on $PYPL, $CRM & $AMZN

It looks like this institution might be rebalancing their tech exposure



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Today Amazon, Inc. (AMZN) is the best performer in the DJIA
By: Thom Hartle | August 9, 2024

• Today (8:32 CST), the best performer in the DJIA is Amazon, Inc. AMZN.



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Cathie Wood & Ark Invest's Buys 3,579 Shares of Amazon com Inc. (AMZN)
By: Ark Invest Daily | August 7, 2024

• Cathie Wood and Ark Invest's trade activity from today 8/7.







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Cathie Wood & Ark Invest's Buys 44,204 Shares of Amazon com Inc. (AMZN)
By: Ark Invest Daily | August 6, 2024

• Cathie Wood and Ark Invest's trade activity from today 8/6.







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Huge $AMZN Calls this morning
By: Cheddar Flow | August 7, 2024

• Huge $PYPL & $AMZN Calls this morning

2 of these were ATM call LEAPS that were bought to open (Vol>OI)

Based on the timing and size, it looks like it was the same institution that purchased them



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Today Amazon, Inc. (AMZN) is the best performer in the DJIA
By: Thom Hartle | August 7, 2024

• Today (8:32 CST), the best performer in the DJIA is Amazon, Inc. AMZN.



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I have schooled you on 3 stocks just this week. Take a seat, class is in session

Cathie Wood & Ark Invest's Buys 139,284 Shares of Amazon com Inc. (AMZN)
By: Ark Invest Daily | August 5, 2024

• Cathie Wood and Ark Invest's trade activity from today 8/5.



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I picked up a few more this morning also

same here grabbed starter, will add if it opens lower tomorrow but markets will eventually get tech bounce, also been scooping other actives bit by bit gl.

Doood, when it dips, you buy. Lol. I will buy more stock today than you have ever owned

So teacher... meet me after class... school me some more?

I think it's time you sit down and let the grown ups talk.

So tell us your moves before you buy or sell. Don’t make bullchit up to fuel your narcissism. Ain’t nobody believe dat boochit.

It is easy to get on the boards and lie about your sells. Lol. Everyone sells high. Bwahaaaaaaa

I bought a ton more under$170. Sit back Jr., class is in session

Dude, yea, right, bwahaaaaa. Everyone buys low and sells high. Lol. You have yet to ever predict anything correctly here

Amazon (AMZN) Upgrades/Downgrades - Equity ratings changes direct from brokerage firms
By: Evan | August 2, 2024

Goldman Sachs today lowered its price target on Amazon $AMZN to $230 down from $250 while maintaining its Buy rating

JPMorgan lowered its price target on Amazon $AMZN to $230 down from $240 while maintaining its Overweight rating

Barclays raised its price target on Amazon $AMZN to $235 up from $220 while maintaining its Overweight rating

Piper Sandler lowered its price target on Amazon $AMZN to $220 down from $215 while maintaining its Overweight rating

Stifel today lowered its price target on Amazon $AMZN to $224 down from $228 while maintaining its Buy rating

Jefferies lowered its price target on Amazon $AMZN to $225 down from $235 while maintaining its Buy rating

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AWS Saves Amazon
By: 24/7 Wall St. | August 2, 2024

• Amazon.com Inc. (NASDAQ: AMZN) earnings upset investors, even though they beat expectations.
• Perhaps those investors are concerned about the wrong thing.

Investors were upset by earnings at Amazon.com Inc. (NASDAQ: AMZN), which is odd because they beat most expectations. Revenue rose 10% from the same quarter a year ago to $148 billion. Its profits were $13.5 billion, much higher than the $6.7 billion a year ago.

The stock sold off because investors worried about rising artificial intelligence (AI) expenditures. However, almost every mega tech company is doing that. Amazon’s capex rose to $17.6 billion, up by almost 50%.

Amazon’s ancient e-commerce business has stopped being the center of earnings releases. The AWS segment pushes Amazon’s stock up or down over the long term, which may still be true. No one knows when big tech AI investments, which run into the billions of dollars, will pay off. It could be a year or more. So, the timing of AI’s future contribution to earnings is a guess.

AWS is still the largest cloud business in the world based on revenue. Its primary competitor, Microsoft’s Azure, stumbled when it released earnings. If that should have worried anyone about the success of AWS, it should not have.

AWS revenue hit $26.3 billion, up from $21.1 billion a year ago. That means AWS is only 18% of Amazon’s revenue. The AWS operating income was $9.3 billion, up from $5.4 billion. That means that AWS was 64% of Amazon’s entire operating income.

Maybe people should stop worrying about Amazon’s AI investment and look at its dominant AWS numbers.

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Amazon.com (AMZN) Stock Headed for Worst Day in Over 2 Years
By: Schaeffer's Investment Research | August 2, 2024

• A disappointing current-quarter forecast is weighing on the shares

• Options traders are chiming in on today's bear gap

Amazon.com Inc (NASDAQ:AMZN) is falling sharply on the charts today, following the company's lower-than-expected second-quarter revenue and disappointing current-quarter forecast. Amazon Web Services (AWS) has been thriving, however, with revenue increasing 19% in the second quarter.

Amid the broad-market selloff, AMZN was last seen down 10.9% at $164.06 and headed for its largest single-day percentage drop since April 2022. Jim Cramer is making headlines after posting on X that the panic is "a little overdone," while a handful of analysts adjusted their price targets in both directions.

Now trading at its lowest levels since its early February bull gap and quickly moving away from its July 8 record high of $201.20, the equity is still up 6.2% year to date. It's worth noting that the stock's 14-day relative strength index (RSI) of 32.7 sits on the cusp of "oversold" territory, however, which typically precedes a short-term bounce.

Amazon.com stock is seeing plenty of activity in the options pits. So far, 532,000 calls and 364,000 puts have crossed the tape, which is triple the overall volume typically seen at this point. The weekly 8/2 165-strike put is the most popular, followed by the 160-strike put in the same series, with new positions opening at both.

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I flipped after posting that I caught the downtrend on other boards and profited very very nicely.

Lol

kiss $200 goodbye

Amazon.com Announces Second Quarter Results

Source: Business Wire
Amazon.com, Inc. (NASDAQ:AMZN) today announced financial results for its second quarter ended June 30, 2024.

Net sales increased 10% to $148.0 billion in the second quarter, compared with $134.4 billion in second quarter 2023. Excluding the $1.0 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 11% compared with second quarter 2023.
North America segment sales increased 9% year-over-year to $90.0 billion.
International segment sales increased 7% year-over-year to $31.7 billion, or increased 10% excluding changes in foreign exchange rates.
AWS segment sales increased 19% year-over-year to $26.3 billion.
Operating income increased to $14.7 billion in the second quarter, compared with $7.7 billion in second quarter 2023.
North America segment operating income was $5.1 billion, compared with operating income of $3.2 billion in second quarter 2023.
International segment operating income was $0.3 billion, compared with an operating loss of $0.9 billion in second quarter 2023.
AWS segment operating income was $9.3 billion, compared with operating income of $5.4 billion in second quarter 2023.
Net income increased to $13.5 billion in the second quarter, or $1.26 per diluted share, compared with $6.7 billion, or $0.65 per diluted share, in second quarter 2023.
Second quarter 2024 net income includes a pre-tax valuation gain of $0.4 billion included in non-operating income (expense) from the common stock investment in Rivian Automotive, Inc., compared to a pre-tax valuation gain of $0.2 billion from the investment in second quarter 2023.
Operating cash flow increased 75% to $108.0 billion for the trailing twelve months, compared with $61.8 billion for the trailing twelve months ended June 30, 2023.
Free cash flow increased to $53.0 billion for the trailing twelve months, compared with $7.9 billion for the trailing twelve months ended June 30, 2023.
Free cash flow less principal repayments of finance leases and financing obligations increased to $49.6 billion for the trailing twelve months, compared with $1.9 billion for the trailing twelve months ended June 30, 2023.
Free cash flow less equipment finance leases and principal repayments of all other finance leases and financing obligations increased to $51.4 billion for the trailing twelve months, compared with $6.7 billion for the trailing twelve months ended June 30, 2023.
“We’re continuing to make progress on a number of dimensions, but perhaps none more so than the continued reacceleration in AWS growth,” said Andy Jassy, Amazon President & CEO. “As companies continue to modernize their infrastructure and move to the cloud, while also leveraging new Generative AI opportunities, AWS continues to be customers’ top choice as we have much broader functionality, superior security and operational performance, a larger partner ecosystem, and AI capabilities like SageMaker for model builders, Bedrock for those leveraging frontier models, Trainium for those where the cost of compute for training and inference matters, and Q for those wanting the most capable GenAI assistant for not just coding, but also software development and business integration.”

Some other highlights since the company’s last earnings announcement include that Amazon:

Held its 10th Prime Day, the biggest Prime Day shopping event yet.
Delivered to Prime members at its fastest speeds ever in the first half of the year.
Expanded selection, including brands like Aéropostale, Bumble and bumble, and Kiehl’s.
Announced that U.S. Prime members can enjoy a Grubhub+ membership worth $120 a year.
Launched multiple AI-powered features for consumers, including shopping assistant Rufus for all U.S. mobile customers, playlist generator Maestro for Amazon Music, and a new search experience for Fire TV.
Launched Amazon’s Stores business in South Africa with same and next-day delivery.
Expanded Amazon Pharmacy’s RxPass program, which now offers Prime members on Medicare unlimited consumption of 60 broadly-used prescription medications for just $5 a month.
Released 19 films and series from Amazon MGM Studios, including:
Fallout, the second most watched Original title worldwide ever on Prime Video during its launch.
Season 4 of The Boys, reaching No. 1 on Prime Video in over 165 countries in its first two weeks.
The Idea of You, attracting ~50 million viewers in its first two weeks on Prime Video.
Earned 62 Primetime Emmy Award nominations, including 17 for Fallout and 16 for Mr. and Mrs. Smith.
Secured expansive streaming rights for the NBA for 11 seasons, starting in 2025-26.
Became the exclusive home of Monday Night National Hockey League games in Canada.
Launched Anthropic Claude 3.5 Sonnet, Meta Llama 3.1, and Mistral Large 2 models in Amazon Bedrock.
Shared that companies like AXA, DoorDash, Nasdaq, Rocket Insurance, SAP, Thomson Reuters, Workday, WPP, and Zendesk announced new applications built on Bedrock.
Delivered new AWS Graviton4-based compute instances, providing up to 30% better price-performance than the industry-leading AWS Graviton3 instances.
Signed new AWS agreements with Commonwealth Bank of Australia, Databricks, Discover Financial Services, Eli Lilly and Company, Experian, GE HealthCare, NetApp, Scopely, ServiceNow, Shutterfly, and many others—as well as AI startups Perplexity, H Company, and Observea.
Announced an AUD $2 billion strategic partnership with the Australian Government to provide a “Top Secret” AWS Cloud to enhance the nation’s defense and intelligence capabilities.
Added Austin and Miami to where self-driving robotaxi Zoox is deploying its test fleet on public roads.
Ranked No. 2 on LinkedIn’s Top Companies list and No. 1 in the technology sector.
Announced that all electricity consumed by Amazon’s operations, including its data centers, was matched with 100% renewable energy in 2023.
Replaced 95% of plastic air pillows in Amazon’s delivery packaging in North America with paper filler.
Announced an additional $1.4 billion commitment to Amazon's Housing Equity Fund for affordable homes.
For additional highlights from the quarter, visit aboutamazon.com/q2-2024-earnings.

Financial Guidance

The following forward-looking statements reflect Amazon.com’s expectations as of August 1, 2024, 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.

Third Quarter 2024 Guidance

Net sales are expected to be between $154.0 billion and $158.5 billion, or to grow between 8% and 11% compared with third quarter 2023. This guidance anticipates an unfavorable impact of approximately 90 basis points from foreign exchange rates.
Operating income is expected to be between $11.5 billion and $15.0 billion, compared with $11.2 billion in third quarter 2023.
This guidance assumes, among other things, that no additional business acquisitions, restructurings, or legal settlements are concluded.
Conference Call Information

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.

Forward-Looking Statements

These forward-looking statements are inherently difficult to predict. Actual results and outcomes could differ materially for a variety of reasons, including, in addition to the factors discussed above, the amount that Amazon.com invests in new business opportunities and the timing of those investments, the mix of products and services sold to customers, the mix of net sales derived from products as compared with services, the extent to which we owe income or other taxes, competition, management of growth, potential fluctuations in operating results, international growth and expansion, the outcomes of claims, litigation, government investigations, and other proceedings, fulfillment, sortation, delivery, and data center optimization, risks of inventory management, variability in demand, the degree to which the Company enters into, maintains, and develops commercial agreements, proposed and completed acquisitions and strategic transactions, payments risks, and risks of fulfillment throughput and productivity. Other risks and uncertainties include, among others, risks related to new products, services, and technologies, security breaches, system interruptions, government regulation and taxation, and fraud. In addition, global economic and geopolitical conditions and additional or unforeseen circumstances, developments, or events may give rise to or amplify many of these risks. More information about factors that potentially could affect Amazon.com’s financial results is included in Amazon.com’s filings with the Securities and Exchange Commission (“SEC”), including its most recent Annual Report on Form 10-K and subsequent filings.

Additional Information

Our investor relations website is amazon.com/ir and we encourage investors to use it as a way of easily finding information about us. We promptly make available on this website, free of charge, the reports that we file or furnish with the SEC, corporate governance information (including our Code of Business Conduct and Ethics), and select press releases, which may contain material information about us, and you may subscribe to be notified of new information posted to this site.

About Amazon

Amazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth’s Most Customer-Centric Company, Earth’s Best Employer, and Earth’s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit amazon.com/about and follow @AmazonNews.

Amazon $AMZN Just Reported Earnings:
By: Evan | August 1, 2024

• AMAZON $AMZN JUST REPORTED EARNINGS

EPS of $1.26 beating expectations of $1.02
Revenue of $148B missing expectations of $148.8B

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