Today I would like to remind you of the fantastic results of the company yesterday $AMZN for the last quarter! 💼📈
Amazon (AMZN) is at the forefront of digital transformation with a tremendous impact on global markets. Founded in 1994 by Jeff Bezos, originally as an online bookstore, it has grown into a giant ecosystem encompassing online commerce, cloud services, streaming...
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It is good to see how their previous investments are paying off and how they can manage costs effectively. A significant part of their income is already generated by recurring/high margin services and they can then build on this to expand into new sectors such as healthcare or invest in other companies such as Rivian or Anthropic.
I recently heard the CEO talking about their competing project for Starlink, so I'm curious what that will bring them in the future. The customer will always benefit from this competition between two of the richest egomaniacs and cheap internet should be a given for everyone today.
Last time I bought for 155usd well above my average purchase and I would not be afraid to send something else there, because a good EPS growth is expected and they still have a lot of catching up to do to ATH;)