Amazon: A Compelling Buying Opportunity

Summary:

• Amazon aggressively drives innovation in cloud and AI, with strong Q3 performance, double-digit revenue growth, and notable EPS improvement.
• AWS remains a key profitability driver with a 31% global market share, bolstered by new partnerships and significant investments in generative AI.
• Amazon’s e-commerce and digital advertising segments show robust growth, with North America and International segments improving operating income and market share gains in advertising.

My thesis

Amazon (NASDAQ:AMZN) aggressively drives innovation to remain at the forefront of the thriving cloud industry, which experiences solid AI tailwinds. Numerous new offerings and initiatives were rolled out by the company over the next few months. The latest quarterly financial

Analyst’s Disclosure: I/we have a beneficial long position in the shares of AMZN either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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