Amazon (AMZN) Sees AI Adding Tens of Billions of Dollars in Revenue to AWS
Amazon (AMZN) management sees AI adding tens of billions of dollars in revenue per year to AWS revenue in the upcoming years.
Amazon (AMZN) management sees AI adding tens of billions of dollars in revenue per year to AWS revenue in the upcoming years.
Apple (AAPL) might have a catalyst in its Apple Vision Pro. Good. It needs one with total revenue down 1% last quarter.
Datadog’s (DDOG) stock rebounded as consumption trends from existing customers accelerated last quarter.
Old Dominion Freight Line (ODFL) is expected to have profit growth return to normal in 2024 Q1. But the news seems priced in.
Grainger’s (GWW) industrial supply business delivered 14% revenue growth on 7% sales growth last quarter as sales were steady.
Confluent (CFLT) made its first profit since the stock had its IPO. But two bad news items sent the shares lower after earnings.
MercadoLibre (MELI) had 66% revenue growth in Mexico last quarter — with 40% growth in Brazil — as MELI’s rapid growth continues.
Wingstop (WING) delivered blowout results last quarter as profits soared 53% and beat estimates of 13%.
High interest rates are causing consumers to hang onto their old cars longer, which is good for O’Reilly Automotive (ORLY).
Fortinet (FTNT) stock has been under pressure as Product salesgrwth has slipped from +30% to +18% to -1% the past three quarters.
ServiceNow (NOW) had another excellent qtr as management noted generative AI represents a real tailwind to the company’s growth.
McDonald’s (MCD) posted 24% profit growth and 14% revenue growth as same store sales increased a solid 9% last quarter.