-
Posted by
Two Blokes Fri at 12:45 PM -
Filed in
Stock
-
1 view
I think Wall Street's pessimistic revisions have set an exceptionally low bar for Amazon's Q2 earnings, creating a classic setup for a beat and rally. High-margin AWS and Ads businesses continue to fire on all cylinders, with AWS's custom AI chips widening its moat and securing future growth. Management's conservative guidance and one-off costs are likely masking underlying strength from fulfillment efficiencies, which should surprise to the upside on margins.
