Amazon is trading at historically low valuation levels. Meanwhile, its cloud computing revenue is accelerating, and it's seeing great operating leverage in its e-commerce business.
NiSource has partnered with Alphabet and expanded its deal with Amazon to power AI data centers while promising to shield customers.
Amazon pressures sellers using its platform to raise their prices on competitors' websites if those prices are even a penny lower than Amazon's, The Guardian reported Thursday (April 16), citing California authorities' comments on newly unsealed records that were filed as part of an antitrust battle between the retailer and the state.
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Best known as an e-commerce company, the acquisition of MGM by Amazon.com Inc (NASDAQ:AMZN) and launch of the Prime Video streaming platform have placed a larger bet on entertainment in recent years. Amazon showed off its movie ambitions at CinemaCon this week.
Amazon has a lot of great things going on in its e-commerce and cloud computing businesses, while satellite internet adds another potential growth driver. However, Amazon is not immune from a recession and is spending big and increasing its debt.
Verizon is downgraded to hold, reflecting rising long-term disruption risks despite near-term stability and a still-attractive ~9x forward P/E. VZ's current momentum is modest, with 2-3% revenue growth and 4-5% adj. EPS guidance for 2026 amid intense competition from T-Mobile and AT&T. Amazon's $11B satellite investment poses a credible long-term threat, but satellite economics and technology remain a complementary—not replacement—risk for VZ in the near term.
Microsoft's cloud business doesn't have the same advantages as Alphabet and Amazon's cloud units. Alphabet has the most complete stack of products and services of any AI company.
Amazon (NASDAQ:AMZN | AMZN Price Prediction) has delivered accelerating numbers, a widening moat, and a valuation that makes sense for what this company is becoming.