Amazon's latest quarterly report revealed an 8.3% decline in stock value, driven by concerns over AWS revenue growth. AWS grew steadily but did not meet investor expectations for an uptick. However, the report also highlighted Amazon's advertising business, which surged 23% to $15.7 billion. This performance showcased advertising as a robust growth area, surpassing competitors like Meta and YouTube. The market's lack of focus on this segment may present a buying opportunity for investors as Amazon offers potential for future growth at a lower stock price.
In the latest quarter, Amazon's ad revenue surged 23% to $15.7 billion, marking its fastest growth in five quarters.
Despite exceeding expectations with strong earnings and revenue, the market fixated on a perceived slowdown in Amazon Web Services (AWS), where sales growth didn't accelerate as hoped.
The market's focus on AWS may have blinded it to Amazon's true growth engine, its advertising business, which is quietly becoming a juggernaut.
At its newly discounted price, this is a golden opportunity for investors to snag a powerhouse at a bargain.
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