Prediction: Amazon CEO Andy Jassy Will Drop a Bombshell on July 30

The article predicts that Amazon CEO Andy Jassy will announce a major surprise during Amazon's July 30 earnings report. It highlights Amazon's massive $200 billion capital expenditure on AI data centers, which is expected to drive AWS revenue growth significantly. AWS, while only 21% of total sales, accounts for 59% of profits and is the fastest-growing segment. The author argues that most new computing capacity is already contracted, reducing overbuilding risk. A blowout quarter with AWS revenue accelerating to mid-30% growth could send Amazon's stock higher. The stock is currently at a fair valuation of 28.4 times forward earnings. The article also promotes a 'Double Down' stock recommendation service.

First published Aug 4, 02:51 PM UTCUpdated Jul 22, 03:18 PM UTC1 reports · 1 sources

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Last updated: Jul 22, 03:18 PM UTCEditorial record as of Aug 4, 02:51 PM UTC

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Prediction: Amazon CEO Andy Jassy Will Drop a Bombshell on July 30

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Prediction: Amazon CEO Andy Jassy Will Drop a Bombshell on July 30Yahoo FinanceWesternJul 22, 03:18 PM UTC

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