Amazon stocks are going up this year with solid 52.29% year-to-date gain, that is currently the 9th largest YTD result over all components of Nasdaq-100 ( NDX ) index.
Work hard, Have fun, Make history - And You're Done! - This is the official tagline of Amazon in 2023.
The slogan refers to Amazon’s dedication to innovation and service enhancement. As can be seen, Amazon tagline 2023 is separated by three ideologies.
Have Fun
There is a saying that goes You gotta do what you love to love what you do, and I believe it much applies to this ideology – to have fun. The key to having fun at work is creativity and innovation. Bezos makes room for mistakes, as long as they lead to something positive. You know what they say, learn from your mistakes and be better. To have fun is to think beyond the boundaries with a powerful imagination.
Make History
As of June 22, 2023, Jeff Bezos is the third richest person in the world, with a net worth of $149 billion, according to Bloomberg Billionaire Index data. Amazon proudly contributes to Bezos’ success, being the most successful retailer company in the U.S.A. Despite such accomplishments, the business still strives to develop bigger by the day.
From A To Z
You can still see a smile formed right under Amazon’s logo; it represents the range of products and services available on the platform. The smile also symbolizes consumers’ happiness when they find what they need within just a few clicks.
Of course, in Trader's terms a market smile also means V-shaped recovery, that is currently observed due to massive Reversed Head and Shoulders Chart Pattern structure breakout. Overall Amazon stocks still are on the positive path, following the All-the-history support of 10-years simple moving average.
Trade active
July 19, 2023
Possible trend cont.
Trade active
July 27, 2023
Slightly adjusted the trend guides. Targets are the same - recovery 2022 peaks and ATH.
Trade active
July 28, 2023
I'm gonna pop some tags, only got twenty dollars in my pocket, I'm, I'm, I'm hunting, looking for a come up, this is f#cking awesome! 😂
Trade active
Aug 3, 2023
Amazon UP! 🌝
Trade active
Aug 4, 2023
AMZN stocks up more than 10 percent on Friday, as Amazon.com, Inc. recently announced financial results for its second quarter ended June 30, 2023.
Net sales increased 11% to $134.4 billion in the second quarter, compared with $121.2 billion in second quarter 2022. Excluding the $0.3 billion unfavorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 11% compared with second quarter 2022.
- North America segment sales increased 11% year-over-year to $82.5 billion. - International segment sales increased 10% year-over-year to $29.7 billion. - AWS segment sales increased 12% year-over-year to $22.1 billion. Operating income increased to $7.7 billion in the second quarter, compared with $3.3 billion in second quarter 2022. - North America segment operating income was $3.2 billion, compared with an operating loss of $0.6 billion in second quarter 2022. - International segment operating loss was $0.9 billion, compared with an operating loss of $1.8 billion in second quarter 2022. - AWS segment operating income was $5.4 billion, compared with operating income of $5.7 billion in second quarter 2022. Net income was $6.7 billion in the second quarter, or $0.65 per diluted share, compared with a net loss of $2.0 billion, or $0.20 per diluted share, in second quarter 2022. - Second quarter 2023 net income includes a pre-tax valuation gain of $0.2 billion included in non-operating expense from the common stock investment in Rivian Automotive, Inc., compared to a pre-tax valuation loss of $3.9 billion from the investment in second quarter 2022. Operating cash flow increased 74% to $61.8 billion for the trailing twelve months, compared with $35.6 billion for the trailing twelve months ended June 30, 2022. Free cash flow improved to an inflow of $7.9 billion for the trailing twelve months, compared with an outflow of $23.5 billion for the trailing twelve months ended June 30, 2022. Free cash flow less principal repayments of finance leases and financing obligations improved to an inflow of $1.9 billion for the trailing twelve months, compared with an outflow of $33.5 billion for the trailing twelve months ended June 30, 2022. Free cash flow less equipment finance leases and principal repayments of all other finance leases and financing obligations improved to an inflow of $6.7 billion for the trailing twelve months, compared with an outflow of $26.1 billion for the trailing twelve months ended June 30, 2022.
"It was another strong quarter of progress for Amazon," said Andy Jassy, Amazon CEO. "We continued lowering our cost to serve in our fulfillment network, while also providing Prime customers with the fastest delivery speeds we've ever recorded. Our AWS growth stabilized as customers started shifting from cost optimization to new workload deployment, and AWS has continued to add to its meaningful leadership position in the cloud with a slew of generative AI releases that make it much easier and more cost-effective for companies to train and run models (Trainium and Inferentia chips), customize Large Language Models to build generative AI applications and agents (Bedrock), and write code much more efficiently with CodeWhisperer. We're also continuing to see strong demand for our advertising services as the team keeps innovating for brands, including the ramp up for Thursday Night Football with the ability for advertisers to tailor their spots by audience and create interactive experiences for consumers. We remain excited about what lies ahead for customers and the company."
Amazon breaks 52-weeks highs, in a believable and convincing way.
Trade active
Jan 26, 2024
👉 Amazon stocks come closer to 2YRS Highs. 👉 Q4'23 Earnings call one week to come.
Trade active
Feb 2, 2024
👉 Amazon shares up as much as 8%, just hit 2-years highs around $171 per share, as Amazon.com AMZN beat fourth-quarter revenue expectations on Thursday, and new generative AI features in its cloud and ecommerce businesses spurred robust growth during the recent winter holiday period.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.