31/10/2025 09:41

Amazon.com Inc (AMZN US) $US222.86

Amazon’s cloud unit posted the strongest growth rate in almost three years, reassuring investors who were concerned that the largest seller of rented computing power was losing ground to rivals. 

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01/08/2025 09:19

Amazon.com Inc (AMZN US) $US234.11

e-commerce giant Amazon posted higher fiscal second-quarter profit and sales, helped by its four-day sales event in July and underscoring its resilience despite tariff uncertainty.

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17/07/2025 09:45

Amazon.com Inc (AMZN US) $US223.19

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02/05/2025 09:27

Amazon.com Inc (AMZN US) $US190.20

After providing a weaker-than-expected forecast for operating profit in the current quarter, Amazon struggled in early after-market trade, falling ~4%. The company cited tariffs and trade policies causing consumers to pull back on spending.

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29/08/2024 09:28

Amazon.com Inc (AMZN US) $US170.80

Earlier this month, Amazon reported weaker-than-expected revenue for the second quarter and issued a disappointing forecast for the current period; the stock fell accordingly. Amazon’s cloud business exceeded analyst estimates, but its advertising unit came up short. The traditional earnings numbers looked good, but under the hood, it was a touch light

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07/06/2024 08:49

Amazon.com Inc (AMZN US) $US185.00

The markets embraced AMZN’s earnings beat in late April: Advertising revenue grew 24% in the first quarter, outpacing retail and cloud computing, plus Amazon Web Services also reported results that topped estimates. Earnings per share came in at 98 cents vs. 83 cents expected by LSEG (the data vendor used on the MM website).

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31/10/2023 09:18

Amazon.com Inc (AMZN US) $US132.71

Last week saw AMZN report better-than-expected 3rd quarter earnings, with revenue increasing +13%, illustrating the resilience of the US consumer. Understandably, the company was cautious with its 4th quarter forecast – for the 3rd quarter, EPS came in at 94c v 58c expected by LSEG while revenue of $US143.1bn beat estimates of $US141.4bn.

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26/09/2023 09:04

Amazon.com (AMZN US) $US131.27

It was interesting overnight to see Amazon rally +1.7% after the online retailer announced it plans to invest up to $4 billion into artificial intelligence firm Anthropic, it appears the AI boom has much further to play out.

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22/09/2023 09:14

Amazon.com Inc (AMZN US) $US129.33

Jeff Bezos’s online retailing giant caught the headlines for the wrong reasons overnight, falling over -4.4%, making it the worst of the major tech names on our Watchlist. We aren’t reading too much into this pullback, believing it was more a function of this month's strength, allowing “weak longs” the opportunity to lock in some profits.

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28/04/2023 09:20

Global Markets

US stocks surged higher overnight led by the reinvigorated Tech Sector following strong earnings e.g. Amazon.com, the world’s largest retailer, closed up +4.6% following a profit result that showed the great combination of successful cost-cutting and strong sales with 1st quarter revenue up +9.4% to $US127.4bn.

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