Hash Stock Card
AMZN · Amazon
AWS is the primary profit engine, retail margins are structurally improving, and advertising is emerging as a third growth curve — three businesses compounding in unison.
Hash Stock Card
AWS is the primary profit engine, retail margins are structurally improving, and advertising is emerging as a third growth curve — three businesses compounding in unison.
Amzn
AWS just posted its fastest growth in 15 quarters at +28% YoY, but the real story is Amazon's $200B capex bet on AI infrastructure—funded by retail, ads, and subscriptions. The Anthropic partnership deepens the flywheel, but free cash flow tells a harder truth.