Amazon Q2 Earnings Preview: Grab rewards by guessing the opening price!
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Just a heads-up:
Earnings Challenge is in full swing! What's your take on Amazon's earnings and its stock performance? Now join the challenge, leverage moomoo's handy features to support your views on Amazon and earn plenty of rewards! Don't miss the chance to win big>>
$Amazon (AMZN.US)$ is releasing its Q2 earnings on August 1 after the bell. Unlock insights with Amazon Earnings Hub>>
Since its Q1 earnings release, shares of $Amazon (AMZN.US)$ have seen an increase of 3.83%. How will the market react to the upcoming results? Make your guess now!
Rewards
● An equal share of 5,000 points: For mooers who correctly guess the price range of $Amazon (AMZN.US)$'s opening price at 9:30 ET August 2 (e.g., If 50 mooers make a correct guess, each of them will get 100 points.)
(Vote will close on 6:00 ET August 2)
● Exclusive 300 points: For the writer of the top post on analyzing $Amazon (AMZN.US)$'s earnings prospects.
Note:
1. Rewards will be distributed within 5-7 working days after the result's announcement.
2. Rewards can be used to exchange gifts at the Rewards Club (moomoo app>> Me>> Redeem Points).
3. The selection is based on post quality, originality, and user engagement.
1. Rewards will be distributed within 5-7 working days after the result's announcement.
2. Rewards can be used to exchange gifts at the Rewards Club (moomoo app>> Me>> Redeem Points).
3. The selection is based on post quality, originality, and user engagement.
Disclaimer: This presentation is for information and educational use only and is not a recommendation or endorsement of any particular investment or investment strategy. Before investing, please consult a licensed professional. See this link for more information.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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102362254 : Amazon anticipates an 11% revenue increase fueled by strong eCommerce and cloud computing performances. Amazon's eCommerce business benefits from higher consumer spending and efficient logistics, while Amazon Web services is expected to see renewed growth driven by demand for AI and cloud solutions. Analysts seem optimistic about Amazon's operating margin, predicting improvements from cost efficiencies and higher retail margins. Their advertising revenue and international markets are also performing well, contributing positively to overall growth. Analyst sentiment remains positive, with increased price targets reflecting confidence in Amazon's strong financial performance and strategic investments.
ZnWC : Thanks for the guessing games![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Here is the analysis of Amazon earnings:
Positive
1) Total revenue for the tech and online retail giant to rise about 11% YoY to $148.68 billion from $134.38 billion in Q2 last year.
2) Net income is projected to jump 65% YoY to $11.13 billion from $6.75 billion in Q2 last year.
3) Expected earning per share (EPS) is $1.04 up from last quarter 98¢ and 65¢ YoY.
4) Bank of America analysts believe growth in AWS demand could power its revenue above estimates, as Amazon has expanded the range of products available through its Bedrock platform.
Negative
1) Amazon stock rose 1.5% on Friday, leaving it up about 20% for the year so far. This also implies that the stock may be overbought and profit taking is possible if any data falls below expectation.
2) If Fed doesn't signal a rate cut in September during the meeting today, it may trigger a mega cap stocks sell-off including Amazon.
My bet is the stock may rise after earnings.
mr_cashcow : Let's us dive into $Amazon (AMZN.US)$ Q2 earnings prospects:
Expected revenue is around $148 billion, indicating a growth of ~11%
Earnings Estimate: The Zacks Consensus Estimate for Q2 earnings is pegged at $1.03 per share, indicating an increase of 63.5%
Growth Drivers: Amazon's growth is expected to be driven by its dominant position in e-commerce & cloud markets, generative AI capabilities & growing Prime membership benefits which includes prime gaming which cashcow uses to get free pc games and highly recommend it![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Some key factors that can potentially affect Q2 results:
①Prime momentum & grocery services
②Strengthening distribution network & physical store sales
③Growing worldwide e-commerce business & expanding global footprint of Prime membership
④Growing pharma business
⑤Strong performance of Prime Video & expansion of original content such as the popular the boys series
⑥Strengthening of AWS & expanding cloud services portfolio
Amazon's consistent financial performance and solid growth prospects in e-commerce and cloud solidified it as a potentially good investment candidate
Disclaimer: All the above are purely for educational purposes & are NOT financial advices, plz DYOR/DD
Wonder : Amazon is a giant business engaging in 4 core areas:
1. Retail - its ecommerce segment has shown prowess in producing double digits growth in domestic sales for years.
2. Cloud computing - its AWS occupies the top spot with a sizable market share of > 30%. It is also investing in AI technology to innovate, build and strengthen the infrastructure to fend off competition.
3. Advertising and streaming - it has built a strong hold on its Prime Video streaming service with its tiered membership which are proven to have more efficient monetisation.
4. Logistic - its end to end extensive distribution network has allowed it to deliver its products to customers all over the world in a timely manner, contributing significantly to the company's success.
Amazon exhibits a strong brand recognition and value in the world stage of business. It survived the dot.com bubble crash is testamont to its ability to adapt and evolve in this fast changing business enviroment.
Analysts consensus is a strong buy on the back of strong AWS growth, growing revenue streams from the rollout of ads on Prime Video and the impressive sales performance of Prime Day.
Tiggerpepper : $184.31
New93 : blah
70604461 : Easy money
美國郭老大 : Smooth opening and fluctuating after the announcement
Dana S : 185!
71064947 : 187
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