Topic

AMZN

A collection of 44 issues

Reader's feedback on "The Great Abstraction"

A couple of days ago, I wrote a piece titled “The Great Abstraction?”, highlighting the impending tension between OS-layer agent and the entire corpus of companies operating in the app layer. Catapult Capital had some constructive thoughts on that piece which I think is worth highlighting. So, I am sharing

Understanding AWS Graviton Playbook

I was watching AWS Re-invent Keynote yesterday, and one of the things that stood out to me was the below quote: “For the third year in a row, more than half of the CPU capacity that we’ve added to the AWS cloud comes from Graviton” While this isn’t

Why is AWS partnering with GCP?

On last Sunday, Google Cloud published a blog post about their new collaboration with AWS. From the blog post: “Today, we announced a significant collaboration with Amazon Web Services (AWS) to offer a managed, private and secure, on-demand, solution for cross-cloud connectivity. This solution is designed to enable customers to

Solving the "DoorDash Problem"

Nilay Patel from “The Verge” has recently been talking about the “DoorDash problem” for some consumer internet companies. What is the “DoorDash problem”? From The Verge: “Briefly, it’s what happens when an AI interface gets between a service provider, like DoorDash, and you, who might send an AI to

The appeal of conversational commerce

First things first, let’s define “conversational commerce”. When you ask queries to an AI model or chat bot about something you want to buy, and based on the AI’s research you then take decisions and complete the purchase by ordering the product on the retailer’s website, that’

Digital Advertising Industry Snapshot, Portfolio Change

As is the tradition in every earnings season, I am sharing my digital advertising Snapshot after 3Q’25 earnings. Digital ads market growth has accelerated to 18.4% in 3Q’25 (vs 15.7% in 2Q’25 and 14.1% in 3Q’24). Meta continues to gain market share every

The Great Decoupling of Labor and Capital

A programming note: I initially wanted to cover Microsoft’s earnings today, but I am changing the schedule a bit as I felt more inspired to write today’s piece. Almost two decades ago, Hewlett-Packard (HP) was the first tech company to exceed $100 Billion annual revenue threshold in 2007.

Amazon 3Q'25 Update

Amazon reported a fantastic quarter yesterday. Not only AWS growth has accelerated, it does appear such acceleration may continue at least in the near term. Moreover, the rest of the business, especially the core e-commerce continues to be a secular winner. Here are my highlights from yesterday’s call. Revenue

Amazon marketplace trends

A programming note: We are heading towards a pretty packed earnings week. As a reminder, I will cover only one company’s earnings every day. My tentative earnings coverage schedule for the next few days is: CoStar (Wednesday), Meta (Thursday), Amazon (Friday), Alphabet (Saturday) , Microsoft (Sunday), and Insurance Brokers (Monday)

Amazon's robot army

Back in June 2025, WSJ reported that while the average number of employees per Amazon facility continues to go down every year, the number of packages that Amazon ships per employee each year has increased from 175 in 2015 to almost 4,000 in 2025. This massive productivity gain largely