Amazon 3Q24: Strong Beat Overshadows Rising Temu Risk

Astrada Advisors profile picture
Astrada Advisors
691 Followers
(7min)

Summary

  • Amazon reported a strong set of results, driven by strength in ecommerce and rising AWS margins.
  • Deceleration in third-party services implies merchant migration to competing platforms.
  • Recent Temu restructuring poses a long-term risk to AMZN's e-commerce moat.

Young woman doing online shopping for clothes on smartphone at home

Images By Tang Ming Tung

Amazon (NASDAQ:AMZN) reported a very solid 3Q24 result characterized by accelerating growth in the marketplace, strength in international revenue and margins, expanding margins on AWS, and better-than-expected Q4 guidance. The print was a clean beat across the

This article was written by

Astrada Advisors profile picture
691 Followers
Astrada Advisors delivers actionable recommendations that enhance portfolio performance and uncover alpha opportunities, supported by a strong track record in investment research at leading global investment banks. With expertise spanning technology, media, internet, and consumer sectors in North America and Asia, Astrada Advisors excels in identifying high-potential investments and navigating complex industries.Leveraging extensive local and global experience, Astrada Advisors offers a unique perspective on market developments, regulatory changes, and emerging risks. The research integrates rigorous fundamental analysis with data-driven insights, providing a nuanced understanding of key trends, growth drivers, and competitive landscapes.The focus is empowering investors with timely research and a comprehensive view of industry dynamics. Whether navigating volatile markets or exploring new trends, Astrada Advisors remains committed to delivering superior insights to drive informed investment decisions.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About AMZN Stock

SymbolLast Price% Chg
Market Cap
PE
Yield
Rev Growth (YoY)
Short Interest
Prev. Close
Compare to Peers

More on AMZN

Related Stocks

SymbolLast Price% Chg
AMZN
--