It is no secret that Amazon (NASDAQ:AMZN) has been a disruptive force, especially relating to the retail sector. On the other hand, the company is also an enigma to the value focused fundamental investor such as yours truly.
Amazon.com (NASDAQ:AMZN) continued to impress investors when it reported its April 27 first-quarter earnings. The report highlighted rapid growth, improving cash flow, and aggressive spending on growth opportunities, sending shares to new highs.
With Amazon.com (NASDAQ:AMZN) stock hitting new highs after the company's first-quarter earnings release, it's a good time for investors to look past Amazon's financial results and listen to some of the big-picture commentary from management.
Though Amazon.com, Microsoft and others have also made tremendous progress in delivering AI-powered products and services on a large scale, Google arguably remains a step ahead when it comes to many of the tasks that both Google and rivals are ...
The news comes as Amazon.com is testing three formats for brick-and-mortar groceries on its home turf in Seattle, including drive-thru kiosks and a supermarket location that blends online and in-store shopping.