Main topic: Amazon is offering influencers $25 per video for its "Inspire" shopping feed, but some creators are mocking the low rate.
Key points:
1. Amazon is offering influencers $25 for each qualifying video featuring two or more Amazon products in the same category.
2. The company plans to cap the initiative at 35,000 videos, costing $875,000.
3. Some creators have criticized the low payment and mocked Amazon's offering on social media.
More hints on Elon Musk are not provided in the given text.
Main topic: Amazon and Alphabet's potential to achieve $3 trillion valuations by 2030
Key points:
1. Amazon: Growth prospects in e-commerce, digital advertising, and cloud computing contribute to its potential market cap rise to $3 trillion by 2030.
2. Alphabet: Growth prospects in digital advertising and cloud computing, along with opportunities in AI software and robotaxi services, contribute to its potential market cap climb to $3 trillion by 2030.
### Summary
The author discusses two major trends that are driving Amazon's success: fulfillment & delivery and artificial intelligence.
### Facts
- Amazon's dominance in e-commerce and delivery is causing difficulties for retailers and traditional delivery services.
- Amazon is outgrowing its major retail and delivery competitors in terms of revenue growth.
- Amazon's AI capabilities are built around a massive database of supplier/consumer/product linkages, allowing for various applications such as supply chain optimization and fraud prevention.
- Amazon's actual performance compared to its peers suggests a positive outlook for shareholders.
- Amazon's financials show increasing revenue, gross profit, operating income, net income, and operating cash flow, as well as improving gross profit margin and operating margin.
- The biggest risk for Amazon is potential scrutiny from antitrust enforcers.
Amazon and Alphabet have the potential to achieve $3 trillion valuations by 2030 due to their strong presence in e-commerce, digital advertising, and cloud computing, as well as their potential growth in AI software and other areas.
Amazon is quietly increasing the minimum amount customers must spend on its site to qualify for free shipping, from $25 to $35 for non-Prime members, as the online retail giant aims to cut costs across its business.
Amazon's advertising business, which already generates billions in revenue, is projected to become as important as its cloud business and could reach $100 billion in size, as the company uses its vast data and integrated businesses to target customers and drive conversions.
Amazon's core value proposition of low prices, quick delivery, and a wide selection of merchandise, along with its investments in its distribution network and advertising business, are expected to drive its future earnings growth and make it a formidable force in the online retail and digital ad industries.
Amazon stock gained 3.5% and is approaching a buy point, with a 69% increase this year to outpace the Nasdaq and S&P 500, making it one of the top stocks in the Magnificent 7.
Amazon plans to boost wages for contracted drivers as part of a $440 million investment in its third-party delivery program, but has not disclosed the exact amount.
Amazon's efforts to improve profitability have been praised, with its stock potentially seeing further upside if its North American retail business continues to become more profitable, according to a research note from Morgan Stanley.
Despite seeing decent share price growth in the past few months, Amazon.com is currently trading at a fair value, with its future earnings expected to double, indicating a positive outlook for the company.
Amazon plans to hire 250,000 U.S. workers for the holiday shopping season, a significant increase compared to previous years, as it focuses on expanding next-day delivery for shoppers, contrasting with other retailers who are expecting reduced consumer spending and will hire fewer workers.
Amazon is hiring 250,000 employees nationwide, including 28,000 in Texas, for full-time, part-time, and seasonal roles, with average wages of over $20.50 per hour.
Amazon.com's estimated fair value is $160 based on the 2 Stage Free Cash Flow to Equity model, indicating that the current share price of $135 is close to fair value.
Amazon has agreed to invest up to $4 billion in AI startup Anthropic, aiming to enhance its rivalry with Microsoft, Meta, Google, and Nvidia in the rapidly growing AI sector.
Amazon.com stock rose 0.6% after announcing its investment of up to $4 billion in Anthropic, an artificial intelligence firm.
Amazon is increasing pay for its operations workers in the UK and hiring an additional 15,000 staff ahead of the holidays, in response to rising demand and worker protests over pay and working conditions.
/cloudfront-us-east-2.images.arcpublishing.com/reuters/JIFVSF6WJRLDFDSW4MUMTKRVKQ.jpg)