Benzingaยท2025-10-28 18:19Group 1: Amazon.com Inc. - Amazon is expected to post steady third-quarter gains driven by strong performance in cloud, advertising, and retail [1] - Analyst Mark Mahaney projects Amazon's revenue at $178 billion and operating income at $19.5 billion for the third quarter [3] - AWS revenue is anticipated to grow 18% year over year, with North American retail revenue expected to reach $104.7 billion (up 10% YoY) and International retail revenue at $41.2 billion (up 15%) [4] - Advertising growth is expected to remain strong, supported by Prime Video and connected TV partnerships [4] - Automation in fulfillment centers is expected to yield cost efficiencies, and expanding Prime Same-Day to grocery delivery enhances customer engagement [5] Group 2: Apple Inc. - Apple is positioned for a strong quarter, benefiting from robust iPhone 17 demand and easing headwinds in its Services segment [6] - Analyst Amit Daryanani forecasts revenue growth of around 8.6% sequentially, with gross margins expected between 46% and 47% [6] - 59% of surveyed consumers plan to buy the iPhone 17, above the historical average of 45% [7] Group 3: Microsoft Corp - Microsoft is expected to deliver a strong fiscal first-quarter performance, driven by accelerating momentum in Azure and AI [7] - Analyst Kirk Materne anticipates Azure's growth to exceed company guidance, with AI emerging as a key catalyst [8] - Capital expenditures are expected to remain elevated as Microsoft expands its data center footprint, with continued investments in AI infrastructure sustaining long-term growth [8]