In this video, I will be speaking about Amazon‘s (AMZN 2.63%) fourth-quarter profits report, a brand-new AI statement, and a number of crucial points that were pointed out throughout the profits call. While Amazon stock may look costly, it is ending up being more lucrative by the quarter.
*Stock costs utilized were from the trading day of Feb. 1, 2024. The video was released on Feb. 1, 2024.
John Mackey, previous CEO of Whole Foods Market, an Amazon subsidiary, belongs to The Motley Fool’s board of directors. Neil Rozenbaum has positions in Amazon. The Motley Fool has positions in and advises Amazon. The Motley Fool has a disclosure policy. Neil is an affiliate of The Motley Fool and might be made up for promoting its services. If you pick to subscribe through his link, he will make some additional money that supports his channel. His viewpoints stay his own and are untouched by The Motley Fool.