Liberty Posted March 8, 2021 Share Posted March 8, 2021 $AMZN has invested $60 B since 2014 in building out fulfilment warehouses, leasing airplanes and buying delivery vans - BOA research. $SHOP plans to invest $1 B over the next 5 years. Link to comment Share on other sites More sharing options...
Liberty Posted March 11, 2021 Share Posted March 11, 2021 https://www.bloomberg.com/news/articles/2021-03-11/amazon-quietly-began-building-a-grocery-chain-during-pandemic Link to comment Share on other sites More sharing options...
Xerxes Posted March 12, 2021 Share Posted March 12, 2021 I don't know if it was Liberty, or Spek or Trepper that influenced me, but this past Monday, i added to my Amazon position for the first time in 4 years as it dipped below $3000 mark. Average cost risen to ~$1,240 Link to comment Share on other sites More sharing options...
Liberty Posted March 13, 2021 Share Posted March 13, 2021 Interesting video on Amazon's logistics: Link to comment Share on other sites More sharing options...
Liberty Posted March 17, 2021 Share Posted March 17, 2021 https://www.cnbc.com/2021/03/17/amazon-unseats-walmart-to-become-the-no-1-apparel-retailer-in-the-us.html "Amazon has surpassed Walmart as the No. 1 apparel retailer in the U.S. thanks in large part to the pandemic-fueled e-commerce boom, according to new UBS research released Wednesday." Link to comment Share on other sites More sharing options...
Liberty Posted March 18, 2021 Share Posted March 18, 2021 Looks like AMZN got the NFL for a long time.. https://www.cnbc.com/2021/03/18/nfl-media-rights-deal-2023-2033-amazon-gets-exclusive-thursday-night.html Link to comment Share on other sites More sharing options...
Spekulatius Posted March 18, 2021 Share Posted March 18, 2021 Looks like AMZN got the NFL for a long time.. https://www.cnbc.com/2021/03/18/nfl-media-rights-deal-2023-2033-amazon-gets-exclusive-thursday-night.html Amazon and the other networks took away quite a bit of programming from Fox sports, it seems. Link to comment Share on other sites More sharing options...
coc Posted March 19, 2021 Share Posted March 19, 2021 Winners curse? Link to comment Share on other sites More sharing options...
John Hjorth Posted March 19, 2021 Share Posted March 19, 2021 Amazon.Com Inc. Press Release [March 17th 2021] : Amazon Care to launch across U.S. this summer, offering millions of individuals and families immediate access to high-quality medical care and advice—24 hours a day, 365 days a year. Website for Amazon Care does not seem to be up & running yet. Disruption of the US Health Care system? Disruption of disrupters? Link to comment Share on other sites More sharing options...
Spekulatius Posted March 19, 2021 Share Posted March 19, 2021 Winners curse? Could well be. I think they wanted just enough of NFL so that fans need to have prime. Also, interesting to note that if this table is correct, the increase for Thursday night is only from $760M to $1B which is 32% and percentage wise, the smallest increase of any packages. 32% for a decade isn’t really that much. So if anything, it seems that Amazon got a bargain here: https://variety.com/2021/tv/news/nfl-tv-rights-thursday-night-football-amazon-super-bowl-1234933792/ Link to comment Share on other sites More sharing options...
KJP Posted March 19, 2021 Share Posted March 19, 2021 Winners curse? Could well be. I think they wanted just enough of NFL so that fans need to have prime. Also, interesting to note that if this table is correct, the increase for Thursday night is only from $760M to $1B which is 32% and percentage wise, the smallest increase of any packages. 32% for a decade isn’t really that much. So if anything, it seems that Amazon got a bargain here: https://variety.com/2021/tv/news/nfl-tv-rights-thursday-night-football-amazon-super-bowl-1234933792/ According to press reports, the existing Thursday Night Football contract is heavily underwater. I think that's why it has the lowest price increase. To me it makes sense for Fox to get rid of it. Having the NFC games on Sundays gives Fox Network the "must have" argument for retrans negotiations; I doubt also havingThursday night games adds much leverage there. So, if Fox can't make Thursday independently profitable, why keep it? Amazon is in a different position because the Thursday contract is their only NFL package. So, it makes sense that it is more valuable to Amazon than to Fox. Link to comment Share on other sites More sharing options...
Ice77 Posted March 19, 2021 Share Posted March 19, 2021 It’s a great deal for Amazon. The only thing holding cable from bleeding to death is the sports bundle and as that weans away even in strips, it wins those fans over to the streams. Amazon could win 10-20m new prime members and that would cover it. But on top of that they could layer advertising (Amazon is expected to be the largest market share gainer for 2021 according to forecasts. Ads are growing 60%+ y/y for them and the revenue run rate is $25b+ annualized). More importantly, with betting getting legalized in almost every state by this or next year, they could potentially layer in some form of that revenue through tie ups. It’s a no brainer at this $1b/y price tag. Link to comment Share on other sites More sharing options...
fareastwarriors Posted March 23, 2021 Share Posted March 23, 2021 Adam Selipsky, currently CEO of Salesforce-owned Tableau, will be the next CEO of AWS https://www.cnbc.com/2021/03/23/amazon-taps-former-executive-adam-selipsky-to-run-aws.html Link to comment Share on other sites More sharing options...
Liberty Posted March 23, 2021 Share Posted March 23, 2021 https://www.aboutamazon.com/news/company-news/aws-announces-next-ceo Link to comment Share on other sites More sharing options...
Liberty Posted April 9, 2021 Share Posted April 9, 2021 Union vote in Alabama: https://www.cnbc.com/2021/04/09/amazon-union-vote-live-updates-as-counting-resumes-in-alabama.html Quote Of the 3,215 ballots cast, there were 1,798 votes opposing the union and 738 in favor. Approximately 5,800 workers at the Bessemer warehouse were eligible to vote on whether to join the Retail, Wholesale and Department Store Union. Link to comment Share on other sites More sharing options...
dwy000 Posted April 9, 2021 Share Posted April 9, 2021 3 minutes ago, Liberty said: Union vote in Alabama: https://www.cnbc.com/2021/04/09/amazon-union-vote-live-updates-as-counting-resumes-in-alabama.html Wow, that wasn't even close. Link to comment Share on other sites More sharing options...
Liberty Posted April 9, 2021 Share Posted April 9, 2021 I saw some people discussing this particular area of Alabama, and apparently it's quite poor and working for Amazon there puts you solidly in the middle class. But I don't know that much about it, just reporting what I saw. Link to comment Share on other sites More sharing options...
fareastwarriors Posted April 10, 2021 Share Posted April 10, 2021 17 hours ago, Liberty said: I saw some people discussing this particular area of Alabama, and apparently it's quite poor and working for Amazon there puts you solidly in the middle class. But I don't know that much about it, just reporting what I saw. I worked as an Amazon driver before. I'm not the one to defend a Giant corporation but it's not that bad for what it is... It's better than most jobs of similar caliber. If I had worked for a smaller business, my pay would've been lower with little to no benefits. I always told my fellow colleagues to apply for USPS or UPS if they wanted to stay in this line of work... Few listened but that's another story. Link to comment Share on other sites More sharing options...
Liberty Posted April 15, 2021 Share Posted April 15, 2021 New Bezos shareholder letter (his last, presumably): https://s2.q4cdn.com/299287126/files/doc_financials/2021/ar/Amazon-2020-Shareholder-Letter-and-1997-Shareholder-Letter.pdf Link to comment Share on other sites More sharing options...
rkbabang Posted April 29, 2021 Share Posted April 29, 2021 Amazon's killing it. Net sales increased 44% to $108.5 billion in the first quarter, compared with $75.5 billion in first quarter 2020. Excluding the $2.1 billion favorable impact from year-over-year changes in foreign exchange rates throughout the quarter, net sales increased 41% compared with first quarter 2020. Operating income increased to $8.9 billion in the first quarter, compared with operating income of $4.0 billion in first quarter 2020. Net income increased to $8.1 billion in the first quarter, or $15.79 per diluted share, compared with net income of $2.5 billion, or $5.01 per diluted share, in first quarter 2020. Link to comment Share on other sites More sharing options...
thepupil Posted May 11, 2021 Share Posted May 11, 2021 (edited) Today I purchased: - The Everything Store, it arrives tomorrow - $200 of Whole Foods groceries, also arriving tomorrow - a teensy tiny uncharacteristic position in AMZN (technically arriving in 2 days settle) in so doing I have top ticked it and doomed all you wealthy growth guys to years of stagnation and poor returns! Edited May 11, 2021 by thepupil Link to comment Share on other sites More sharing options...
concerto Posted May 11, 2021 Share Posted May 11, 2021 1 hour ago, thepupil said: in so doing I have top ticked it and doomed all you wealthy growth guys to years of stagnation and poor returns! Sometimes I marvel at my ability to single-handedly deflate entire bubbles and vaporize billions of dollars in value by buying a few shares of stock. I'm glad I'm not alone Link to comment Share on other sites More sharing options...
dwy000 Posted May 11, 2021 Share Posted May 11, 2021 14 hours ago, thepupil said: Today I purchased: - The Everything Store, it arrives tomorrow - $200 of Whole Foods groceries, also arriving tomorrow - a teensy tiny uncharacteristic position in AMZN (technically arriving in 2 days settle) in so doing I have top ticked it and doomed all you wealthy growth guys to years of stagnation and poor returns! So at Whole Foods you bought some grapes and a fruit juice? Link to comment Share on other sites More sharing options...
Xerxes Posted May 18, 2021 Share Posted May 18, 2021 On the news that Amazon is potentially pursuing MGM Studio (for $9 billion), that explains at least some of the reason why tapped the debt market for $18 billion, a money that it doesn't need. Amazon Doesn't Need Money. Why It Raised $18.5 Billion Anyway. | Barron's (barrons.com) What could be wrong with this picture. On the left hand side of the proforma Amazon's balance sheet you have the IP and the MGM Studio funded from the debt offering sitting on the right hand side of Amazon's balance sheet. Amazon (1) pays the low interest rate and (2) gets all the benefit that IP provides to it Prime Membership program. The spread between the (1) and (2), is pure value creation. Besides, who doesn't like the MGM logo. That is trophy worth having, not that Amazon is thinking in that way. Link to comment Share on other sites More sharing options...
Liberty Posted May 24, 2021 Share Posted May 24, 2021 https://www.wsj.com/articles/amazon-nears-deal-to-buy-hollywood-studio-mgm-11621880759?mod=breakingnews Quote Amazon.com Inc. AMZN +1.54% is nearing a deal to buy the Hollywood studio MGM Holdings for almost $9 billion, said people familiar with the matter Link to comment Share on other sites More sharing options...
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