Amazon (NASDAQ: AMZN ) stock is now worth over $2 trillion , but companies worth buying into never rest on their laurels. Once a milestone is reached, the great ones seek a new one. While Amazon was struggling toward its latest milestone, remember, Nvidia (NASDAQ: NVDA ) blew past it.
It’s now just the fourth most-valuable company in the market. It’s also getting cheaper. Shares now trade at 3.
3 times sales and 53 times earnings. When it passed $1 trillion, in 2018 , it was more expensive by these measures. But a simple Strengths, Weaknesses, Opportunities and Threats analysis is almost impossible.
There are too many moving pieces. You must look at each one individually. AWS and AMZN Stock Amazon Web Services, the Amazon Cloud, is its Atlanta.
It influences everything . AWS is now a $100 billion business, but it’s being pressed hard by Microsoft (NASDAQ: MSFT ). That’s why Adam Selipsky was replaced as AWS President last month with Matt Garman .
Garman immediately showed off a new set of lieutenants aimed at improving customer relations, and doubled incentives for startups to build AI on AWS. Going forward, it’s all about operations. How AWS will deal with the energy requirements of Nvidia chips is important.
But so is Amazon silicon , which can take some of the load off those chips and keep costs low. Software is also key. Amazon Bedrock is the new service that will be streaming Generative AI applications.
Amazon put $4 billion into Anthropic , to use its large lan.