Amazon's big investment in free one-day delivery is expected to spark growth in the third quarter

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Investors are keeping a close eye on just how much the expansion is cutting into Amazon's profit margins, as it spends on improving warehouses and delivery infrastructure to make one-day shipping the default for Prime members.

Analysts estimate Amazon to report revenue of $68.8 billion in the third quarter, up 21.6% from the year-ago period, according to Refinitiv.Amazon stock is up 17.3% this year, slightly below the 19.9% gain for the S&P500.

Analysts estimate Amazon to report revenue of $68.8 billion in the third quarter, up 21.6% from the year-ago period, according to Refinitiv. That would be the second straight quarterly improvement in revenue growth, following a 20% increase in theThe growth rebound is a welcome sign for Amazon, whose revenue growth had dropped to a four-year low of 16.8% in the first quarter.

its biggest shopping event in history. Amazon previously said Prime Day sales surpassed those of Black Friday and Cyber Monday combined, with more than 175 million items sold over the 48-hour event.a number of new hardware devices, including Alexa-powered wireless headsets. It's unclear how much sales comes from Amazon's hardware business.

 

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Amazon is cheating to its prime member as they return my parcel today from Mumbai, without calling to me.

Amazons unfair practices, when you Google something 20x Amazin products before first other retailer appears in the list !! Amazin controls and destroys any competiotion. Macys JCP should be protected locally !!

Amazon is too big to be handled. A Bulldozer and destroying the real economy across the US especially the department store retailers which belong to the local communities and Malls.

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