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All eyes on Amazon
The world in brief . Apr 30th 2024 . 1 min read
Amazon reports its quarterly earnings on Tuesday. The firm has had a strong start to the year. Its share price has increased by 18%—compared with an average rise of 7% for firms in the S&P 500-partly because it published robust results in February.
Two factors will determine whether Amazon can continue its strong performance. One is Amazon Web Services, the e-commerce giant's cloud- computing arm. It is the world's biggest cloud service, accounting for over 30% of global spending. The cloud market is still growing swiftly. Yet both Microsoft and Alphabet (Google's parent company) have big cloud services that are gaining market share. They reported strong results last week, buoyed by the surge in customers' interest in artificial intelligence.
Meanwhile, Amazon's retail arm is facing competition from Temu and Shein, two Chinese e-commerce upstarts, which have been splurging on advertising in an attempt to crack the American market. Investors will want to see how Amazon is handling its rivals.
所有人都在关注亚马逊
世界简而言之。2024年4月30日。1分钟读取
亚马逊将于周二公布季度盈利。该公司今年有一个良好的开端。其股价上涨了18%,而标准普尔500指数成分股公司的平均涨幅为7%,部分原因是该公司在2月份公布了稳健的业绩。
两个因素将决定亚马逊能否继续保持其强劲的业绩。一个是亚马逊网络服务,这家电子商务巨头的云计算部门。它是世界上最大的云服务,占全球支出的30%以上。云市场仍在快速增长。然而,微软和Alphabet(谷歌的母公司)都拥有正在获得市场份额的大型云服务。受客户对人工智能兴趣激增的提振,他们上周公布了强劲的业绩。
与此同时,亚马逊的零售部门正面临来自中国电子商务新贵Temu和Shein的竞争,这两家公司一直在广告上大肆挥霍,试图打入美国市场。投资者将希望看到亚马逊是如何处理其竞争对手的。