Amazon.com Inc (AMZN) Options

Bought 2 Aug 190 calls at 5.00 here today! Earnings Thursday!

Amazon racing to develop AI chips cheaper, faster than Nvidia's, executives say
By: Reuters | July 25, 2024

Inside Amazon.com's AMZN chip lab in Austin, Texas, half a dozen engineers on a Friday afternoon put a closely guarded new server design through its paces.

The server was packed with Amazon's artificial intelligence chips that compete with those from market leader Nvidia NVDA, Amazon executive Rami Sinno said on Friday, during a visit to the lab.

Amazon is developing its own processors to limit its reliance on costly Nvidia chips - the so-called Nvidia tax - that power some of the artificial intelligence cloud business at its Amazon Web Services, the main growth driver.

Through its homegrown chips, Amazon wants to help customers compute complex calculations and process enormous amounts of data more cheaply.

Its rivals Microsoft MSFT and Alphabet GOOG are doing the same.

Sinno, the director of engineering for Amazon's Annapurna Labs that is a part of its cloud business AWS, said Amazon's customers were increasingly demanding cheaper alternatives to Nvidia.

Amazon bought Annapurna labs in 2015.

While the company's AI chip efforts are nascent, Amazon's workhorse chip Graviton that performs non-AI computing has been under development for nearly a decade and is on its fourth generation. The AI chips, Trainium and Inferentia, are newer designs.

"So the offering of up to 40%, 50% in some cases of improved price (and) performance - so it should be half as expensive as running that same model with Nvidia," David Brown, Vice President, Compute and Networking at AWS said on Tuesday.

Sales at AWS, which accounts for just under a fifth of Amazon's overall revenue, surged 17% to $25 billion in the January-March quarter, compared with a year earlier. AWS controls roughly a third of the cloud computing market, with Microsoft's Azure holding about 25%.

During its recent Prime Day, Amazon deployed a quarter million Graviton chips and 80,000 of its custom AI chips to handle the surge in activity across its platforms, the company said.

The shopping event generated a record $14.2 billion in sales, according to Adobe Analytics.

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I like to see a DIVI

Nvidia vs. Amazon: Which "Magnificent Seven" Stock Could Be the Better Buy Over the Next 5 Years?
https://finance.yahoo.com/news/nvidia-vs-amazon-magnificent-seven-111700721.html

and the winner is AMAZON

$AMZN Has the most bullish flow so far today
By: Markets & Mayhem | July 23, 2024

• $AMZN Has the most bullish flow so far today and $NVDA has the most bearish.



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Amazon's Price Target Raised
By: TradingView | July 23, 2024

KEY POINTS:

• Amazon's price target increased to $230 by Truist Securities
• Bernstein raises Amazon's price target to $215

Truist Securities has increased Amazon's price target from $220 to $230, maintaining a buy rating for the company. Bernstein has also revised Amazon's price target, raising it from $210.00 per share to $215.00 per share. Bernstein continues to maintain an Outperform rating for Amazon.

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$AMZN Divergences everywhere, and big tech earnings are all around the corner with AMZN incoming soon
By: fattigainz | July 21, 2024

• $AMZN $SPY
Divergences everywhere, and big tech earnings are all around the corner with AMZN incoming soon. I expect a lot of the MAG7 reports to be extremely well received and bullish in the grand scheme of things as they all contain the same theme.



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With ALL the HIGH TECH Information that go into CARS TODAY, there has to be a place and system that has that INFORMATIONAL advancements to deliver it to the car
thisis where AWS comes in......... It just keeps GROWING

DiscoverGold:

I tried again and I was able to generate the funds.

My day order to buy Amazon share at $182.65 was filled.

Should Amazon price continue to fall I may add more as well.

Thank you for the reminder.

Cheers & GLTY

I think it is cheap. And it makes sense for me to add.

Unfortunately, I was not able to sell some shares from a winner (Palantir) in my Port to generate the funds. It's not functioning due to the current IT problems.

C'est La Vie, Cheers

PS: My order to buy at $182.65 filled!

$AMZN Is Amazon cheap here? Three years later - same price, double the operating income
By: TrendSpider | July 19, 2024

• $AMZN Is Amazon cheap here? Three years later - same price, double the operating income.



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Amazon share price had a Double Bottom Breakdown on 15-July-2024. Still in that mode at this time. GLTA

PS: As I have too many stocks in my Port, I don't have time to follow all of them. I do that selectively when interested to sell/buy/accumulate in timely manner as needed.

Amazon Stock (AMZN) Price Prediction and Forecast
By: 24/7 Wall Street | July 17, 2024

Outside of NVIDIA’s (NASDAQ: NVDA) recent share price going stratospheric, Amazon (NASDAQ: AMZN) has been a Wall Street darling since the company IPO’d in May 1997 at a split adjusted price of $.07.

Today, Amazon stock trades for $192.85, which means that stock is up over 275,400.00% since May 1997 turning every $1000 invested into $2.75 million today.

The only thing that matters from this point on is what the stock will do for the next 1, 5 and 10 years and beyond. Let’s crunch the numbers and give you our best guest on Amazon’s future share price. No one has a crystal ball and even the Wall Street “experts” are often wrong more than they are right in predicting future stock prices. We will walk through our assumptions and provide you with the story around the numbers (other sites just pick a share price without explaining why they suggest the price they do).

* * *

Amazon’s Share Price Estimates 2025-2030



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US online sales hit $7.2 bln on first day of Amazon Prime Day event, Adobe says
By: Reuters | July 17, 2024

Shoppers spent about $7.2 billion online across retailers during the first day of Amazon's Prime Day in the United States, according to a report from Adobe Analytics on Wednesday.

Major retailers including Walmart WMT and Target TGT have launched deals and shopping events through July to attract customers by offering deep discounts to compete with the Amazon sales event.

Adobe Analytics, which studies e-commerce transaction data, had forecast that consumers could spend $7.1 billion online across retailers on Tuesday, up 11.3% from a year earlier.

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$AMZN breakout retest just in time for Prime day. This is gonna be good.
By: TrendSpider | July 16, 2024

• $AMZN breakout retest just in time for Prime day.

This is gonna be good.



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Amazon $AMZN has been green in July for 15 of the last 20 years, with an average return of +4.92%
By: TrendSpider | July 16, 2024

• When technicals and seasonality data align:

$AMZN has been green in July for 15 of the last 20 years, with an average return of +4.92%.



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Goldman Sachs Adjusts Price Target on Amazon.com to $250 From $225, Keeps Buy Rating
By: MT Newswires | July 16, 2024

• Amazon.com AMZN has an average buy rating and a price target range of $180 to $250, according to analysts polled by Capital IQ.

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Bezo form 4 filed today. Sold 403,??? @ around $200. a share. That is why amazon is fighting $190. instead of $200

Amazon $AMZN 21D holding so far 191.70 after that.
By: Options Mike | July 14, 2024

• $AMZN 21D holding so far

191.70 after that.



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Nice week is PRIME (16th - 17th) day....
AMZN should run back to $200.00

Short position on Magnificent 7 stocks at record highs
https://open.substack.com/pub/playstocks/p/mid-day-market-report-ppi-shorts?r=n9u58&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true

Here's how a book store gobbled up all of e-commerce - Amazon is 30 -

https://www.opb.org/article/2024/07/05/amazon-history-30-years/

A look at Anthropic’s Claude
https://techcrunch.com/2024/07/09/anthropics-claude-adds-a-prompt-playground-to-quickly-improve-your-ai-apps/
Anthropic’s Claude adds a prompt playground to quickly improve your AI apps

What you need to know about the AWS AI chips powering Amazon's partnership with Anthropic
https://www.aboutamazon.com/news/aws/what-you-need-to-know-about-the-aws-ai-chips-powering-amazons-partnership-with-anthropic

If you own shares in AMAZON, you should know what you're buying into...
They started out selling BOOKS,,,,,,,,,,
Now look at them
and the best is yet to come.

Analysts at JPMorgan reiterated their Overweight rating and price target of $240 a share on Amazon (NASDAQ:AMZN) in a note this week, highlighting the company's significant strides in generative AI.
https://www.investing.com/news/stock-market-news/amazon-stock-jpm-already-a-multibillion-dollar-business-432SI-3515869

Nice
You'll do better in AMZN then in the Bank long term

I like the price buying more WOOHOOOOOOOOOOOOOOOO

☝️🤑🕶️

Good looking out...
I see you are on PLTR as well
Take a Look at SOUN when you get the Time....
I have been doing well with these stock
AMZN, PLTR. SOUN and HNHPF are my keepers
BBai is a gamble (so was SOUN when I bought in), but I like what they are doing.....
Under water with FFIE....
SOLD SE today at a LOSE to buy more shares of PLTR and SOUN
you only need ONE good one I was once told.......
Thanks

$AMZN with a $107 Million worth of bearish premium today
By: Cheddar Flow | July 10, 2024

• $NVDA with a whopping $133M worth of bullish premium today



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https://finance.yahoo.com/news/amazon-announces-incremental-ai-refinements-163454336.html

Amazon.com announced a series of largely incremental refinements on Wednesday to several of its artificial intelligence products as it seeks to keep rivals at ...

Why wait?

Why wait?
Sell your losers (we all have losers)
If you like $205.00. $200.00 or a little lower looks better.
JMO
Good Luck

Amazon getting ready to crush the shorts, Just like Tesla did. short killers are here😎😎😎😎😎😎😎😎😎.🕶️🤑💰AMZU

I got the green light on this one 🤑👍

Sounds Good.....Check out DiscoverGold post before you do.
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174725900
Good Information

Once AMZN hits $205 that will trigger me to buy more

First let get past $200.00
then Eventually we will get their.....

But you'll have to HOLD

KEY POINTS
Growth at its AWS cloud computing segment is ramping back up.

Amazon's e-commerce margins have improved in recent quarters.

Advertising is a new and successful business with great potential

https://www.fool.com/investing/2024/07/10/3-brilliant-reasons-to-buy-amazon-stock-right-now/

AMZN AMZU👀 under $40 WOW!

I like your thinking😎👍🌊🏄‍♂️🏖️🏠🏎️

🕶️🤑👍AMZN $300 TARGET

Amazon (AMZN) shares are hovering near record high territory with the tech behemoth's second-quarter earnings on deck. Still, there is further upside ahead for Amazon stock, helped by its high-margin cloud and advertising businesses, an analyst said.
Jefferies analyst Brent Thill reiterated a buy rating for Amazon stock and upped the firm's price target for AMZN to 235, from the previous 225.
"Continued (Amazon Web Services) and advertising momentum combined with retail operating leverage should support 18%+ upside" to Jefferies target price, Thill told clients late Monday.
On the stock market today, Amazon stock gained a fraction to close at 199.34.


RYAN DEFFENBAUGH
04:12 PM ET 07/09/2024

It’s gonna go back to 2,000 over the next couple of years. I’m holding and adding along the way.

Take advantage of any dips that may occur. Thanks for posting and don’t let anyone chew you out for it. Cheers.

Taking PROFITS........
No big Deal.....
The Sky is not falling!
Form 4 - Statement of changes in beneficial ownership of securities
https://ih.advfn.com/stock-market/NASDAQ/amazon-com-AMZN/stock-news/94168043/form-4-statement-of-changes-in-beneficial-owners
CONSOLIDATION ANYONE?

Bezos just announced he’s selling more and sure enough its slowly going down

Amazon looking good in afterhours. Aws news is being well received. See what happens tomorrow

AWS Graviton4-based Amazon EC2 R8g instances: best price performance in Amazon EC2

https://aws.amazon.com/ec2/instance-types/r8g/

AMZN CPU CHIPS WOOHOOOOOOOOOOOOOOOOOO

It will be tough..
If it does, will it hold.
That's the tell.