Core Viewpoint - Amazon's stock has seen a 5.3% increase over the past five days, with expectations for Q4 earnings to exceed consensus estimates set for February 5 [1] Financial Performance - Bank of America estimates Amazon's Q4 revenue at $213 billion and EBIT at $26 billion, surpassing Wall Street's estimates of $211 billion and $24.6 billion [3][19] - For Q1, revenue guidance is expected to be between $173 billion and $178 billion, with operating income projected between $18.5 billion and $22.5 billion [5][19] AWS Developments - AWS is projected to achieve a 22% year-over-year revenue growth, driven by increased capacity and demand [4] - AWS secured a $581 million deal with the U.S. Air Force's Cloud One Program [2] Layoff Plans - Amazon is expected to announce a second round of layoffs, affecting approximately 14,000 employees across various units, similar to the previous round in October [2] Stock Price Target - Bank of America has lowered its price target for Amazon from $303 to $286, based on a sum-of-the-parts analysis [6][7] Recent Initiatives - AWS launched the European Sovereign Cloud, designed to meet the needs of European governments and enterprises for sensitive data [10] - AWS plans to expand its European Sovereign Cloud footprint, starting with new local zones in Belgium, the Netherlands, and Portugal [11] Partnerships - LSEG announced a collaboration with AWS to enhance its market data services, leveraging AWS's capabilities for real-time financial data [12][13] - Infosys partnered with AWS to integrate AI-driven services aimed at improving productivity across various business functions [14][15]

亚马逊（AMZN）将关闭其Amazon Fresh和Amazon Go实体门店，将部分场地改造为全食超市，投资超 100家新全食超市门店，同时扩大生鲜当日达服务规模。 责任编辑：张俊 SF065 亚马逊（AMZN）将关闭其Amazon Fresh和Amazon Go实体门店，将部分场地改造为全食超市，投资超 100家新全食超市门店，同时扩大生鲜当日达服务规模。 责任编辑：张俊 SF065 ...

Core Insights - The Q4 earnings reporting season is accelerating, with over 300 companies, including 102 S&P 500 constituents, set to release results, and the "Magnificent 7" expected to show Q4 earnings growth of 16.9% on 16.6% higher revenues compared to the previous year [1][10] Earnings Expectations - **Apple (AAPL)**: Expected earnings of $2.65 per share on revenues of $137.5 billion, indicating year-over-year growth of 10.4% in earnings and 10.6% in revenues, with analyst estimates trending higher [6] - **Microsoft (MSFT)**: Projected earnings of $3.88 per share on revenues of $80.2 billion, suggesting year-over-year growth of 20.1% in earnings and 15.2% in revenues, with no recent analyst estimate revisions [8] - **Meta Platforms (META)**: Expected to report earnings of $8.32 per share on revenues of $58.6 billion, indicating year-over-year growth of 3.7% in earnings and 21.1% in revenues, with upward revisions in earnings estimates [9] - **Tesla (TSLA)**: Projected earnings of $0.45 per share on revenues of $25.1 billion, suggesting a year-over-year decline of 38.4% in earnings and 2.3% in revenues, with a decrease in analyst estimates [11] - **Alphabet (GOOGL)**: Expected earnings of $2.58 per share on revenues of $94.7 billion, indicating year-over-year growth of 20% in earnings and 16% in revenues [12] - **Amazon (AMZN)**: Likely to report earnings of $1.97 per share on revenues of $211.5 billion, indicating year-over-year growth of 5.9% in earnings and 12.6% in revenues, with some upward revisions in estimates [13] AI Strategy and Market Positioning - Investor concerns regarding Microsoft, Meta, and Apple are primarily related to their positioning in artificial intelligence (AI), with Microsoft and Meta being significant spenders in the field, while Apple's limited visibility raises questions about its competitive viability [4] - Microsoft was initially seen as an AI leader due to its partnership with OpenAI, but momentum has shifted towards Alphabet, especially after regulatory pressures eased for Alphabet [5] Valuation Insights - The Magnificent 7 is currently trading at approximately 126% of the S&P 500 valuation multiple, reflecting a 26% premium to the broader market, with historical premiums ranging from 24% to 71% and a five-year median premium of 43% [14] Investment Opportunities - Investors interested in capitalizing on the AI boom may consider ETFs focused on the Magnificent 7, such as Roundhill Magnificent Seven ETF (MAGS) and others, with MAGS showing a 1.8% increase this year, in line with the S&P 500 [15]

亚马逊（AMZN）周三早盘下跌0.5%，此前该公司宣布三个月内第二轮裁员，削减约1.6万个岗位以优 化层级结构并投资人工智能；多数美国员工获得90天内部转岗期，之后方可领取离职补偿。 亚马逊（AMZN）周三早盘下跌0.5%，此前该公司宣布三个月内第二轮裁员，削减约1.6万个岗位以优 化层级结构并投资人工智能；多数美国员工获得90天内部转岗期，之后方可领取离职补偿。 责任编辑：张俊 SF065 责任编辑：张俊 SF065 ...

记者丨张嘉钰 编辑丨江佩佩 1月28日，美股开盘集体上涨，截至23:12，三大指数涨跌不一，道指跌0.15%，纳指涨0.41%。标普500 涨0.12%，盘中一度涨穿7000点整数位心理关口，创盘中历史新高。 | 名称 | 现价 | 涨跌 | 涨跌幅 | 年初至今 | | --- | --- | --- | --- | --- | | 道琼斯工业平均 | 48930.47 | -72.94 | -0.15% | 1.80% | | 纳斯达克指数 | 23914.45 | 97.35 | 0.41% | 2.89% | | 标普500 | 6987.21 | 8.61 | 0.12% | 2.07% | | 纳斯达克100 | 26098.69 | 158.95 | 0.61% | 3.36% | | 万得美国科技七巨头指数 | 67207.26 | 314.11 | 0.47% | 1.41% | | 万得中概科技龙头指数 | 4477.49 | 46.53 | 1.05% | 4.63% | | 纳斯达克中国金龙指数 | 7953.25 | 86.64 | 1.10% | 5.62% | 大型科技股多数上涨 ...

Market Overview - US stocks have reached new record highs, primarily driven by the tech sector, with upcoming earnings reports from major tech companies like Tesla, Meta, and Microsoft being closely monitored [1] - The Federal Reserve is expected to maintain current interest rates, shifting focus back to economic conditions, while also facing scrutiny regarding its leadership and ongoing investigations [2][37] Company-Specific Developments - Amazon has announced a reduction of 16,000 jobs, bringing total layoffs to 30,000 over three months, as part of efforts to streamline operations and reduce bureaucracy [3][4] - The CEO of Amazon indicated that AI advancements will further reduce workforce needs as the company automates more processes [4] - Starbucks reported a 4% increase in same-store sales in the US for the first time in two years, although overall earnings missed expectations [34] - GE Vernova's stock is under pressure despite solid fourth-quarter results and raised guidance, primarily due to a key metric, EBITDA, missing expectations [35] Sector Insights - The tech sector's positioning has been neutral, with expectations of growth slowing in the coming quarters, yet the current setup for mega-cap tech growth appears positive [10][11] - The labor market is showing signs of slowing, with hiring rates at pandemic lows, indicating a cautious approach from companies amid economic uncertainty [16][18] - The dollar's weakness is seen as a mixed factor for corporate earnings, providing a translation benefit but lacking in volume growth [26][28] Earnings Season and Economic Outlook - Earnings season is underway, with expectations for a broadening of growth across sectors, as evidenced by the increase in sectors reporting positive growth [25] - The market is currently in a "wait and see" mode regarding hiring, with expectations that hiring will gradually pick up as earnings improve [21][24]

About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...

记者丨张嘉钰 编辑丨江佩佩 1月28日，美股开盘集体上涨，截至23:12，三大指数涨跌不一，道指跌0.15%，纳指涨0.41%。标普500涨0.12%，盘中一度涨穿7000点整数 位心理关口，创盘中历史新高。 | 名称 | 现价 | 涨跌 | 涨跌幅 | 年初至今 | | --- | --- | --- | --- | --- | | 道琼斯工业平均 | 48930.47 | -72.94 | -0.15% | 1.80% | | 纳斯达克指数 | 23914.45 | 97.35 | 0.41% | 2.89% | | 标普500 | 6987.21 | 8.61 | 0.12% | 2.07% | | 纳斯达克100 | 26098.69 | 158.95 | 0.61% | 3.36% | | 万得美国科技七巨头指数 | 67207.26 | 314.11 | 0.47% | 1.41% | | 万得中概科技龙头指数 | 4477.49 | 46.53 | 1.05% | 4.63% | | 纳斯达克中国金龙指数 | 7953.25 | 86.64 | 1.10% | 5.62% | 大型科技股多数上涨 ...

Core Insights - Amazon is closing its remaining Amazon Go and Amazon Fresh physical stores, marking another setback in its retail experiment [3] - Despite its resources, Amazon struggles with physical retail due to the complexities involved in running stores [5][6] - The company is planning a new, larger store concept in a Chicago suburb, indicating a bold move into the territory of Walmart and Costco [7][8] Group 1: Challenges in Retail - Retail operations require skills in real estate judgment, local merchandising, labor scheduling, and operational discipline, which differ significantly from e-commerce [5][6] - Amazon's past failures in retail do not deter its approach; instead, they inform future strategies [8][10] Group 2: Risk and Innovation - Amazon's willingness to embrace failure is seen as a competitive advantage, allowing the company to learn and iterate on its retail strategies [9][10] - Both Amazon and Walmart engage in costly experiments that may not succeed, but their iterative mindset contributes to their status as the top two retailers in the U.S. [10] Group 3: Future Outlook - There is uncertainty about whether Amazon will successfully establish a profitable retail model akin to its e-commerce success, but its resilience suggests potential for future breakthroughs [11]

When a stock gets as big as Amazon (AMZN), growth by itself isn’t enough. Investors want to see that a company is running efficiently and protecting its margins, and they want to see that future gains aren’t already baked into the price. That’s why opinions on Amazon’s stock in 2026 are split-even among experts who are confident in the company over the long term. Here’s how high Amazon stock could go in 2026, according to finance experts. Also see what an investment in Amazon at the beginning of 2025 wo ...