In this 2-hour workshop, participants will gain practical hands-on experience building sophisticated AI agents using Amazon's agent technologies. You'll learn to build agents that can navigate the web like humans, perform complex multi-step tasks, and leverage specialized tools through natural language commands. You’ll explore Amazon Nova Act for reliable web navigation, Model Context Protocol (MCP) for connecting agents to external data sources and APIs, and Amazon Bedrock Agents for orchestrating complex ...

Amazon (AMZN -0.08%) announced several new artificial intelligence (AI) initiatives this month. While much of the investor focus when it comes to AI and Amazon has been on Amazon Web Services (AWS) and its cloud computing AI offerings, Amazon is also looking to use AI to improve its e-commerce business.The company has been laying the groundwork to use AI as a way to improve efficiency across its logistics and warehouse networks. Let's look at how these moves could be a game changer for the stock. New AI ini ...

Financial Performance - Amazon reported Q1 2025 earnings of $1.59 per share, exceeding estimates by 17.78% and showing a year-over-year increase of 40.7% [1] - Net sales for the quarter reached $155.7 billion, a 9% increase from the previous year, slightly above expectations [1] - The Zacks Consensus Estimate for 2025 net sales is $693.74 billion, indicating an 8.74% growth from the prior year [2] Future Guidance - For Q2 2025, Amazon expects net sales between $159.0 billion and $164.0 billion, representing a growth of 7-11% compared to Q2 2024 [1] - The company's operating income guidance for Q2 is between $13.0 billion and $17.5 billion, which is below the market expectation of $17.7 billion, leading to a 5% drop in after-hours trading [1] Market Challenges - The cautious second-quarter guidance is attributed to uncertainties surrounding tariffs on Chinese imports, affecting pricing strategies and consumer demand [6] - Despite these challenges, management noted that they have not yet observed a decline in demand, with some categories experiencing increased buying [6] Business Segments Performance - Amazon Web Services (AWS) continues to show strong growth, with a 17% year-over-year increase, reaching a $117 billion annualized revenue run rate [8] - AWS operating income rose 23% to $11.5 billion, with operating margins of 39.5% [8] - Advertising services also performed well, growing 19% year-over-year to $13.9 billion, showcasing Amazon's ability to monetize its consumer base [9] AI Investments - Amazon's investments in artificial intelligence (AI) are accelerating, with the AI business achieving a multi-billion dollar annual revenue run rate and triple-digit percentage growth year-over-year [11] - The company has introduced new AI models and expanded access to its Nova foundation models, positioning itself competitively in the AI space [12][13] Competitive Landscape - Competition in the AI sector is intensifying, with advancements from major tech companies like Microsoft, Nvidia, and Google [14] - Amazon's stock has underperformed year-to-date, declining 12.9%, compared to the broader Zacks Retail-Wholesale sector and S&P 500 [15] Valuation Concerns - Amazon's forward 12-month Price-to-Sales ratio is 2.79X, significantly higher than the Zacks Internet - Commerce industry average of 1.86X, raising questions about near-term upside potential [19] - Free cash flow has decreased to $25.9 billion for the trailing 12 months, down from $50.1 billion the previous year, reflecting aggressive capital investments [20][21] Investment Perspective - Maintaining positions in Amazon shares is considered prudent for current investors due to the company's long-term growth trajectory and leadership in cloud computing [24] - Prospective investors may consider waiting for a better entry point, especially with tariff concerns potentially causing volatility [24][25]

2025年05月05日 证券研究报告 | 人工智能行业专题： 2025Q1海外大厂CapEx和ROIC总结梳理 行业研究 · 行业专题 计算机 · 人工智能 投资评级：优于大市（维持评级） 证券分析师：熊莉 021-61761067 xiongli1@guosen.com.cn S0980519030002 请务必阅读正文之后的免责声明及其项下所有内容 摘要 资料来源：微软财报，国信证券经济研究所整理 请务必阅读正文之后的免责声明及其项下所有内容 请务必阅读正文之后的免责声明及其项下所有内容 Ø 云厂商资本开支及业绩情况复盘。回顾一季度微软、亚马逊、谷歌及Meta数据，微软、Meta、亚马逊资本开支同比增 速放缓，环比开始下行。各厂商收入增速整体放缓，Meta、谷歌、亚马逊收入环比下滑，受AI推动微软收入、利润稳 健增长。 Ø 云收入及ROIC情况。整体来看，各厂商云收入均保持增长，云收入总体增速有所放缓。投入资本回报率（ROIC）方面， 受整体收入、利润情况影响，Meta、亚马逊ROIC环比下降。 Ø 风险提示：AI应用落地不及预期、市场需求不及预期、行业竞争加剧、宏观经济波动。 目录 01 云厂商资本开支 ...

亚马逊 20250502 摘要 • 亚马逊商店业务通过引入知名品牌和优化购物体验，保持了强劲的客户留 存，并在商品选择、价值和送货速度方面取得了显著成效，同时通过促销 活动为客户节省了超过 5 亿美元。 • 亚马逊优化履行网络，通过区域中心、重新设计进货网络和增加机器人及 自动化设备，提高了交付速度并降低了服务成本，第一季度创下当天或次 日送达的新纪录。 • 关税问题可能对亚马逊商店业务产生影响，零售商品平均售价显著上涨， 但目前需求未见减弱，部分品类需求甚至有所增加，卖家定价策略或将随 关税水平变化而调整。 • 亚马逊广告业务收入达 139 亿美元，同比增长 19%，通过全漏斗广告产 品组合和在 Prime Video、Twitch 等平台的投放，有效接触了大量受众， 并拓展了全链路营销能力。 • AWS 第一季度同比增长 17%，年化收入运行率达 1,170 亿美元，与多家 公司签订新协议，并积极投资于 AI 应用程序，为内部和外部开发者构建 AI 解决方案的基础设施。 Q&A 亚马逊公司 2025 年第一季度的财务业绩如何？ 亚马逊公司 2025 年第一季度报告收入为 1,557 亿美元，同比增长 10 ...

Amazon.com (AMZN) delivered first-quarter 2025 earnings of $1.59 per share, which increased 40.7% from the year-ago quarter and beat the Zacks Consensus Estimate by 17.78%.AMZN’s net income increased 64.4% year over year to $17.1 billion in the first quarter. Net sales of $155.7 billion rose 9% year over year, slightly ahead of management’s guidance of $151-$155.5 billion and beat the Zacks Consensus Estimate by 0.72%.Excluding the $1.4 billion unfavorable impact from year-over-year changes in foreign excha ...

以下为 亚马逊 2 025 年第 1 季度财报电话会纪要，财报解读请移步《AI 猛投、关税搅局，亚马逊重进 "下蹲期"？》 1、财报核心信息回顾： | Amazon earnings wrap | | | | | | | | | | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | $'00 mn | 1Q23 | 2Q23 | 3Q23 | 4023 | 1Q24 | 2Q24 | 3Q24 | 4Q24 | 1Q25 | 1Q25E | Var. | | Total revenue | 1,274 | 1,344 | 1,431 | 1,700 | 1,433 | 1,480 | 1,589 | 1,878 | 1,557 | 1,552 | 0.3% | | yoy | 9.4% | 10.8% | 12.6% | 13.9% | 12.5% | 10.1% | 11.0% | 10.5% | 8.6% | 8.3% | | | Online store | 511 | 530 | 573 | ...

亚马逊 本季度收入利润符合预期。指引二季度不太行。第一家提出关税影响业绩指引的厂。 具体数据： • 净销售额：1556.67亿美元，与上年同期的1433.13亿美元相比增长9%，不计入汇率变动的影响为同比 增长10%。（ 上季度电话会议指引上限1555亿美元）； • 净利润：171.27亿美元，与上年同期的104.31亿美元相比增长64%；每股摊薄收益为1.59美元，与上年 同期的0.98美元相比实现增长。 低于一致预期的188.8亿美元 ，公司净利润中包括33亿美元的税前收 益，与公司对Anthropic的投资相关。 • 总运营支出：1372.62亿美元，与上年同期的1280.06亿美元相比有所上升。 按业务大类划分： • 产品净销售额：639.70亿美元，与上年同期的609.15亿美元相比实现增长。 • 服务净销售额：916.97亿美元，与上年同期的823.98亿美元相比也实现增长。 按地区划分： • 北美部门：净销售额为928.87亿美元，同比增长8%，符合市场预期运营利润为58.41亿美元，同比增长 17%；运营利润率为6.3%，与上年同期的5.8%相比有所上升。 3） 关税和贸易政策"以及"对经济衰 ...

全球AI产业周报 为你精选过去一周（3.29-4.4）最值得关注的AI新闻和 国内外热门AI投融资事件 ，帮助大家及时了解全球AI市场动向。 本周AI热点资讯 国内大事 微软被曝关闭上海人工智能实验室 4月2日消息，据报道，传微软已关闭位于上海张江高科技园区的微软物联网与人工智能实验室。据消息人士称，该实验室专注于开发物联网和AI技术，在 今年早些时候已停止运营。据内部人士透露，该实验室自2025年初就已停止运营，目前办公场所的标识和办公设备均已撤除。该实验室成立于2019年5 月，作为微软与张江高科技园区合作的重要项目，五年来累计支持了258个创新项目，协助50多家企业获得超94亿元外部融资，并培养了近万名专业人 才。（新浪财经） 前谷歌学者罗剑岚已加入智元机器人任首席科学家 4月2日获悉，罗剑岚博士已在近期加入智元机器人，任首席科学家，并将全面领导智元具身智能研究中心。2015 年，罗剑岚到伯克利攻读博士，同时开始 探索 Robotics+AI，此后其还曾在Google X、Google DeepMind担任研究科学家。（同花顺财经） 首个AI机器人带货主播一分钟卖出总价值100万的宇树机器狗 DeepS ...