News about Amazon

The article compares Amazon (AMZN) and Walmart (WMT) as 2026 investments, weighing Amazon's high-growth tech, e-commerce and cloud businesses against Walmart's stable physical retail base. For fiscal 2025, Amazon reported revenue of about $716.9 billion, up roughly 12.4%, and net income of about $77.7 billion, with $122.9 billion in cash against $251.6 billion in debt. Walmart's fiscal 2026 revenue reached about $713.2 billion, up 4.7%, with net income of about $21.9 billion, $11.5 billion in cash and $75 billion in debt. The author would choose Amazon for its 28% share of the global cloud market and its role in AI infrastructure, while noting Walmart's AI shopping assistant Sparky and a 23% rise in global e-commerce sales in the second quarter of fiscal 2027. Both face risks, from Amazon's antitrust proceedings to Walmart's exposure to tariffs and geopolitical instability.

Amazon (AMZN) shares were flat over the six months to October 15, while the company ramps up AI infrastructure spending to about $220 billion in 2026, up from roughly $200 billion, partly due to higher memory costs. Amazon Supply Chain Services, launched in May, lets outside companies use its freight, distribution, fulfillment and parcel delivery network, with Procter & Gamble, 3M, Lands' End and American Eagle among its first customers; its Trainium and Graviton chips could also reach customers beyond AWS. Management expects servers to break even in just under three years and remain useful for five to six years, but returns depend on utilization, customer pricing and how quickly newer chips make existing equipment less competitive. Amazon trades at about 20x trailing earnings and 24x expected earnings, well below its historical valuation.

This link roundup from naked capitalism gathers headlines across many topics, including an Ebola outbreak in the DRC that has topped 9,235 confirmed cases and Amazon's over 1 million robot workers, which raise questions for human employees. Other items cover the war in Ukraine and Russian strikes on Ukraine's energy grid, catastrophic malnutrition and starvation levels in Gaza, Argentina's dispute with the UK over Falklands oil, and China's record $583 billion investment in science and technology. Financial links note record-high margin debt on Wall Street and airlines bracing for years of pain from inflation.

Nvidia CEO Jensen Huang posted in September that "AGI has arrived," while many other tech leaders are more cautious about when AGI will be reached. AGI is described as AI capable of a skilled worker's performance in most jobs, whereas today's models still need supervision and cannot work reliably over long stretches. METR research found that top models succeed only about half the time on tasks that would take a person two workdays. Sam Altman says OpenAI is "not quite yet" at AGI but expects an internal system he would call AGI by year-end, while Sundar Pichai expects it shortly after 2030. Andy Jassy has not set a date, but AWS customers have signed $496 billion in contracts for future services.

Sacks & Associates LLC acquired 5,046 shares of Amazon.com, Inc. (NASDAQ:AMZN) in the third quarter, worth about $1,257,000, according to its Form 13F filing with the SEC. Amazon makes up roughly 0.9% of the firm's holdings, ranking as its 29th-largest position. Hedge funds and institutional investors own about 72.20% of the stock. Shares opened at $250.00 on Friday after a 1.9% decline, while CEO Matthew Garman sold 14,541 shares at an average of $259.06 on August 21st under a pre-arranged Rule 10b5-1 plan.