All eyes on AWS, capital spending
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Amazon.com Inc AMZN could highlight its improvements in cloud and AI when the company reports first-quarter (Q1) financial results on Wednesday after market close. Here are the earnings estimates, what experts are saying ahead of the report and the key items to watch.
Amazon.com, Inc. posted $638B FY 2024 revenue (+11% YoY) and $115.9B OCF (+36% YoY); trades at 17× OCF vs. 5Y avg. of 26×—implying upside to $280/share on reversion. AMZN AWS grew 19% YoY to $28.8B in Q4; AI infra and Trainium2 launch underpin long ...