Amazon is enhancing its health-related offerings by expanding the geographic range of its same-day prescription delivery service and by launching a beta feature that helps patients understand their lab results.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Conditions .Complete the form to unlock this article and enjoy unlimited free access to all PYM ...

SUPPLEMENTAL SLIDES YEAR END 2025 RESULTS February 11, 2026 LEGAL DISCLAIMER Forward-Looking Statements This presentation contains "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), and Section 21E of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). These forward-looking statements include, but are not limited to, statements concerning our financial guidance, plans, strategies, objectives, expected performanc ...

The chart of Amazon illustrates two market principles that successful traders understand. This is why it is the Stock of the Day.After entering free fall last week, the shares found support at the $200 level. This wasn't a coincidence.As you can see on the chart, there was support for the stock around the $200 level in May 2025. There tends to be support at prices that have been support in the past.This happens when some of the people who sold around $200 regretted doing so when the price rallied. Some of t ...

Core Insights - Amazon Pharmacy plans to expand same-day prescription delivery to nearly 4,500 U.S. cities and towns by the end of this year, adding almost 2,000 new communities to its network [1] - The expansion will include newly served states such as Idaho and Massachusetts [1] Company Background - Amazon launched Amazon Pharmacy in 2020 following its $753 million acquisition of PillPack, a prescription medicine delivery service [2] - In 2023, Amazon introduced RxPass, a service allowing Prime members in the U.S. to access unlimited generic medications for a monthly fee of $5 [2] Strategic Initiatives - John Love, vice president of Amazon Pharmacy, emphasized the company's goal to eliminate barriers to medication access, enhancing speed, cost, and convenience for patients [3] - In October, Amazon introduced prescription vending machines at One Medical clinics, enabling patients to pick up prescriptions immediately after their appointments [3]

在《华盛顿邮报》大规模裁员后，有报道称保留地方版及体育版的提议遭拒；亚马逊（AMZN）所有者 贝索斯因该报发展方向面临批评。美股周三早盘，亚马逊小幅下跌0.3%。 责任编辑：张俊 SF065 责任编辑：张俊 SF065 在《华盛顿邮报》大规模裁员后，有报道称保留地方版及体育版的提议遭拒；亚马逊（AMZN）所有者 贝索斯因该报发展方向面临批评。美股周三早盘，亚马逊小幅下跌0.3%。 ...

Summary of Key Points from the Conference Call Industry Overview - The conference call focuses on the **Cloud Capital Expenditure (Capex)** trends among major U.S. hyperscalers, including **Amazon (AMZN)**, **Google (GOOGL)**, **Meta**, and **Microsoft (MSFT)**, indicating a significant increase in spending for 2026. Core Insights - **Aggregate Capex Growth**: U.S. hyperscalers' aggregate capex reached **$127 billion** in the December quarter, reflecting a **12% quarter-over-quarter** and **60% year-over-year** increase. The total capex is projected to reach approximately **$645 billion** in 2026, representing a growth of **56%** or an increase of **$230 billion** compared to 2025 [1][3][4]. - **Amazon (AMZN)**: - Capex for the December quarter rose to **$39.5 billion**, marking a **13% quarter-over-quarter** and **42% year-over-year** increase. - Full-year capex guidance for 2026 is set at about **$200 billion**, indicating a **52% year-over-year** growth, or an increase of **$68 billion** compared to 2025 [3][4]. - **Google (GOOGL)**: - December quarter capex increased to **$28 billion**, up **16% quarter-over-quarter** and **95% year-over-year**. - Full-year capex guidance for 2026 is between **$175 billion and $185 billion**, suggesting a **97% year-over-year** growth, or an increase of **$89 billion** compared to 2025 [3][4]. - **Meta**: - December quarter capex reached **$22 billion**, reflecting a **14% quarter-over-quarter** and **49% year-over-year** increase. - The 2026 capex outlook is between **$115 billion and $135 billion**, implying a **75% year-over-year** growth, or an increase of **$55 billion** compared to 2025 [3][4]. - **Microsoft (MSFT)**: - December quarter capex was **$38 billion**, with a **7% quarter-over-quarter** and **66% year-over-year** increase. - The company expects a **65% year-over-year** growth in capex for FY26, with a dollar increase of **$14 billion** [3][4]. Implications for Related Companies - The robust capex growth among these hyperscalers is seen as a positive indicator for companies involved in AI infrastructure spending, particularly **Jabil**, **Fabrinet**, **Amphenol**, **Arista**, **Celestica**, **Ciena**, **Coherent**, **Flex**, and **Lumentum** [1][3]. Additional Considerations - The conference highlighted potential supply constraints that could affect Google’s ability to deploy its planned capex, indicating a cautious outlook despite strong growth projections [3][4]. - The overall capex trends suggest a strong tailwind for the technology and networking sectors, driven by increased investments in data centers, servers, and networking infrastructure [1][3]. This summary encapsulates the key points discussed in the conference call, focusing on the significant growth in capex among major tech companies and its implications for the industry.

Summary of Key Points from the Conference Call Industry Overview - The conference call discusses the US Internet and Software industry, specifically focusing on the cloud services sector, highlighting the performance of major cloud providers in Q4 2025. Core Insights and Arguments - **Overall Industry Growth**: The cloud industry experienced a growth acceleration of approximately 5 percentage points to +34.7% year-over-year (YoY), driven by increases at AWS, GCP, and OCI [1] - **Individual Provider Performance**: - **Microsoft Azure**: Growth decelerated by 1 percentage point to +38% YoY constant currency (CC), impacted by capacity constraints and prioritization of Copilot and R&D [2] - **Amazon AWS**: Growth accelerated to +24% YoY CC, up from 20% in Q3, with significant revenue contributions from Trainium and Graviton products [2] - **Google Cloud**: Growth surged to +48% YoY, a notable increase from +34% in Q3, with 75% of clients utilizing vertically optimized AI products [2] - **Oracle Cloud Infrastructure (OCI)**: Growth accelerated by 12 percentage points to +66% YoY CC [1] Capital Expenditure (Capex) Insights - **Capex Growth**: Total capex for the cloud sector increased by over $11 billion quarter-over-quarter (QoQ), exceeding expectations. Specific capex figures include: - Microsoft: $35.1 billion in Q4, with expectations of a QoQ decline in F3Q but higher YoY growth for FY26 [3] - AWS: Approximately $27 billion in Q4, representing a +52% YoY increase [3] - Google Cloud: Approximately $14 billion in Q4, reflecting a +95% YoY increase [3] Booking and Revenue Backlog - **Bookings Growth**: Microsoft reported a remarkable 230% YoY growth in commercial bookings for 2QFY'26, driven by a $250 billion commitment from OpenAI [4] - **Revenue Backlogs**: - AWS backlog grew to $244 billion, a +38% YoY increase, bolstered by core AWS and AI demand [4] - Google Cloud backlog reached $240 billion, increasing by $147 billion YoY, attributed to rising AI demand and partnerships [4] Profitability Metrics - **Gross Margin and Operating Margin**: - Microsoft’s cloud gross margin was 67%, slightly better than guidance but down 3 percentage points YoY due to AI scaling [5] - AWS operating margin was 35%, exceeding expectations and higher than the previous quarter [5] - Google Cloud's operating margin improved significantly by 1,260 basis points YoY to 30.1% [5] Additional Noteworthy Points - The significant demand for AI infrastructure and solutions is a key driver of revenue growth across all major cloud providers, indicating a strong market trend towards AI integration [2] - The competitive landscape shows AWS maintaining a market share of 44%, with Azure at 30%, Google Cloud at 22%, and OCI at 5% [1] This summary encapsulates the essential insights from the conference call, providing a comprehensive overview of the current state and future outlook of the cloud services industry.

Price Objective Change AI capex CY26/27 outlook now up +56%/+16% YoY As we previewed (report), demand for data center/AI semis remains strong. Post-Q4 earnings, our capex tracker (which includes finance/capital leases) indicates Q4 global hyperscale capex at $148bn, up +14% QoQ or +66% YoY, versus prior expectation of $141bn. For CY26/27, capex now points to $748bn/$869bn or +56%/+16% YoY, also well above vs. +36%/+15% two weeks ago. Importantly, much of these CY26 planned capex/capacity have already been c ...

智通财经APP获悉，周三，Astera Labs(ALAB.US)成为华尔街关注焦点，多家投行围绕公司最新财报、 业绩指引以及与亚马逊(AMZN.US)的合作展开激烈讨论。受相关不确定性影响，Astera Labs股价下跌超 16%。 Needham分析师N. Quinn Bolton指出，亚马逊认股权证交易或带来高达65亿美元的潜在新增收入。尽管 估值偏高，Astera专注云与AI基础设施连接，成长性突出，维持"买入"评级，目标价220美元。 摩根大通分析师Harlan Sur表示，公司最新季度业绩表现强劲，Scorpio "P"系列、PCIe Gen6重定时器及 Taurus网络连接产品持续放量，指引也好于预期。但他同时指出，亚马逊获得公司认股权证、SKU结构 不利以及硬件销售占比提升，可能拖累未来毛利率；此外，并购与研发投入加速将推高短期费用。Sur 维持"增持"评级，但将目标价下调至205美元。 摩根士丹利分析师Joseph Moore认为，Astera营收增长强劲，但被激进扩张计划部分抵消；上半年处于 过渡期，后续与亚马逊Trainium 3相关的Scorpio X放量值得期待。其维持"增持"评级和 ...

The year-to-date (YTD) picture in 2026 has followed a similar trend, with Amazon’s stock again recording a notable decline, down 9.47%. This negative movement has been driven in large part by a significant market sell-off linked to the company’s 2026 capital expenditure guidance, which far exceeded expectations. Investors reacted strongly when Amazon announced plans to spend around $200 billion on AI, cloud, robotics, and data-center infrastructure, a figure that eclipsed consensus forecasts and raised conc ...