Amazon - Buy pre earning release?

$Amazon.com(AMZN)$known as the Weather Bell at Wall Streets $NASDAQ(.IXIC)$because the stocks tells the future and guidance.

Amazon has E commerce which represent market sentiment and AWS cloud that indicate companies willing to invest cloud solutions when you can stay with On- premise IT which is workable.

Challenges for Amazon in Q3. 

1. Q3 Rev guidance of 127.75B which is YoY 15% growth that's the highest comparing FAANG. 

Q2 annoncement 

Possible? Maybe. Q2 results was good shows that they are in control of their services, workforce and salaries. Its a good representation that their consumer products and AWS are competitive. On top of that, mention about few billions already adjusted due to cost headwinds (EPS - 29% YoY) Advertising on their platform could be flat seeing Snap. 

2. Oil and Inflation

Lower fuel cost for trucks and deliveries did not happen but comparable with Q2. CEO vows to continue to manage cost and optimise their spending. Likewise on inflation Amazon online spending is typically barganing items sold at discounts. Compared Q2, Q3 the landscape has not change much ie. workforce issues etc. 

3. Summer sales and holiday sessions. 

As said this is a Weather Bell stocks. If guidance is negative it will be very telling for other stocks, especially consumer spending. Predicting that online spending will remain due to customer behaviours. I think if Q3 beat Wall Street estimate nothing will stop Amazon other than interest rate hike. (which likely end soon) 

All in all, next few days will be good time to read between the lines for 2023 projection. In other words indication if the market has bottom. 

Thanks for reading. [Cool] 


# Q2 Earning Season

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment76

  • Top
  • Latest
  • DIMCO
    ·2022-10-25
    ​$Amazon.com(AMZN)$ reflects the real condition of market, choose the right stocks and trade safe
    Reply
    Report
    Fold Replies
    • PJoo
      Agree
      2022-10-25
      Reply
      Report
  • BlueDaisy
    ·2022-10-26
    Better wait for earnings if you haven't bought any
    Reply
    Report
  • FranklinMorley
    ·2022-10-26
    This will drop again in sympathy after META earnings. Like sharks to blood in the water, shorts are piling on.
    Reply
    Report
    Fold Replies
  • Alubin
    ·2022-10-27
    thanks for sharing
    Reply
    Report
  • KittyBruno
    ·2022-10-26
    moving down in sympathy with Microsoft-related fears around cloud growth slowdown story. Since cloud is where it's at for Amazon, it's a legit fear.
    Reply
    Report
  • BaronLyly
    ·2022-10-26
    $140 incoming! Buy Amazon for big profits not revenue growth. They will have a big surprise to the upside
    Reply
    Report
  • Gcwj
    ·2022-10-26
    Buy Baba instead ^^
    Reply
    Report
  • Meet0
    ·2022-10-25
    I have hold AMZN for a while, and will hold this stock for a while
    Reply
    Report
  • 88wlam88
    ·2022-10-27
    ROck & roll time in this uncertainty
    Reply
    Report
  • AlexTan75
    ·2022-10-27
    what is going on here??
    Reply
    Report
  • 亞昆
    ·2022-10-30
    ok
    Reply
    Report
  • andy_jap
    ·2022-10-28
    ok
    Reply
    Report
  • mster
    ·2022-10-27
    Too riaky.
    Reply
    Report
  • Warren01
    ·2022-10-27
    Buy
    Reply
    Report
  • Gowithflow
    ·2022-10-27
    ok
    Reply
    Report
  • Dogecake
    ·2022-10-27
    Ok
    Reply
    Report
  • Bluewhale_SG
    ·2022-10-27
    ok
    Reply
    Report
  • Ken_3568
    ·2022-10-27
    乌拉
    Reply
    Report
  • Andr3
    ·2022-10-27
    l
    Reply
    Report
    Fold Replies
    • Andr3
      c
      2022-10-27
      Reply
      Report
  • eksp
    ·2022-10-27
    😀
    Reply
    Report