AMZN Slips Post-Earnings: A.I. Advertising and E-Commerce Drive Upside Potential
Schwab Network · Schwab Network
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Show Notes
Amazon (AMZN) shares slipped lower despite beating top and bottom-line estimates, as investors focus on in-line AWS revenue growth and slightly lower-than-expected operating income guidance. Ivan Feinseth says Amazon is more than just AWS, highlighting the strength of its advertising business, driven by A.I., and consumer spending. He expects further upside, citing ongoing investments in A.I. and data center infrastructure, and a strong e-commerce business.
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