2024-08-01 19:55:08
Business
Stocks
Economy

Amazon's Q2 Earnings and Stock Forecast Update

As Amazon prepares to announce its second quarter earnings, attention is on AWS sales and AI investments. Analysts adjust stock forecasts amidst expectations of Prime Video, Prime Day performance, and potential dividend surprises.

Reports also highlight Amazon's low-cost storefront strategy and the impact of Fed policy changes. In parallel, Intel faces competition from AMD and Qualcomm in the PC market, with notable developments in Data Center and AI revenue.

The tech giant plans extensive layoffs and substantial investments in new facilities to address market challenges.

The Street
5. August 2024 um 23:47

Analyst revamps Amazon stock forecast before earnings TheStreet Daily Newsletter

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Trump vows to fire SEC chair, positioning as pro-crypto. Amazon analysts adjust stock forecast ahead of Q2 earnings. Twitch reinstates Trump's account, citing value in hearing from nominees. Evercore ISI sees modest Q2 beat, revenue and operating income upside likely. BMO raises Amazon price target, cites AWS revenue growth path. Temu's growth, same-day/next-day growth, and higher retail margins. Amazon's Q1 earnings beat, CEO Jassy's comments, Google Cloud growth acceleration. AWS partners with..
Yahoo Finance
1. August 2024 um 18:12

Intel to report second quarter earnings amid reports of layoffs

Economy
Technology
Finance
Intel Q2 earnings: EPS $0.10, revenue $12.9B; facing PC competition from AMD, Qualcomm; Data Center and AI revenue $3B; launching answer to Qualcomm's Snapdragon X Elite chip; plans to lay off thousands; spending billions on factories, facilities.
Yahoo Finance
1. August 2024 um 14:56

Amazon to report second quarter earnings with AWS sales and AI spending in spotlight

Economy
Technology
Finance
Amazon Q2: AWS, AI; Prime Video, Prime Day; low-cost storefront; Fed policy, easing; potential dividend surprise.
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