Whalesbook
AI Spending Ka Toofan!
Toh hua yun ki Amazon ne kaha ki woh 2026 mein AI infrastructure, data centers aur chips par $200 Billion kharch karne wala hai. Bhai, ye figure bohot bada hai! Pichle saal (2025) toh bas ~$131 Billion kharch kiye the, aur analysts ~$146.6 Billion ki ummeed kar rahe the. Ye kharcha toh competitors ko bhi piche chhod raha hai; Alphabet $185 Billion tak kharch karega, aur Meta ka plan $115-$135 Billion hai. Matlab, pura hyperscaler market milakar 2026 mein $527 Billion AI par lagane wala hai. Amazon is race mein sabse aage nikalne ki koshish kar raha hai. Ye ek bada gamble hai, par AI ki demand ko pura karne ke liye zaroori bhi hai.
Results Kaise Rahe? Mixed Bag!
Dekho, results mix the. Revenue $213.39 Billion aaya, jo analyst ki $211.33 Billion ki ummeed se thoda zyada tha. Sabse acchi baat thi AWS ka performance; revenue $35.58 Billion raha aur 24% growth dikhaya, jo pichle 13 quarters mein sabse tez hai! Advertising revenue bhi $21.32 Billion raha, expectations ke hisaab se.
Par, EPS $1.95 aaya, jo analyst ki $1.97 ki ummeed se thoda kam tha. Aur Q1 ke liye operating margin guidance bhi 10.8% tha, jo kaafi kam laga logon ko. Is sab se investors ko profit ko lekar chinta ho gayi hai, itne bade kharch ke saamne. Amazon ka P/E ratio abhi 32.91 hai, jo Alphabet ke 33.50 ke aas-paas hai, par Meta ke 23.29 se kaafi upar hai. Pichhle saalon mein bhi Amazon ka CapEx badha hai, 2024 mein $82.999 Billion tha, par 2026 ka $200 Billion toh record hai, 50% se bhi zyada ka jump! Aur haan, company ne 16,000+ logon ko bhi nikal diya hai is hafte.
Market Ka Reaction Aur Aage Kya?
Market ne turant react kiya. Regular trading mein stock 4.4% gira tha, par results ke baad toh after-hours mein 10% drop ho gaya, share $200.45 tak pahunch gaya. Investors dar rahe hain ki itna bada kharcha jaldi profit kaise dega, kyunki ab sab AI spending par clear returns dekhna chahte hain. Cloud market toh $905.33 Billion tak badhne wala hai 2026 tak (15.7% CAGR), par Amazon ko dikhana hoga ki wo ye investment se market share badha payegi aur accha profit bhi kamayegi.
Q1 sales guidance $173.5 Billion se $178.5 Billion ke beech hai, jo expectations se milta julta hai. Par asli test toh tab hoga jab Amazon dikhaye ki is unprecedented kharche se long-term returns kaise milenge.