The Zhitong Finance App learned that Cathay Pacific Haitong released a research report saying that the Amazon (AMZN.US) 26Q3 AWS business continued to grow at a high rate, and demand for AI computing power remained strong, but retail and advertising business growth slowed, capital expenditure continued to expand, and free cash flow was under pressure. Looking ahead, AI demand is expected to continue to support cloud business growth, but we still need to pay attention to the return on capital expenditure and changes in supply and demand in the upstream computing power industry chain.
Zhitongcaijing · 1d ago
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The Zhitong Finance App learned that Cathay Pacific Haitong released a research report saying that the Amazon (AMZN.US) 26Q3 AWS business continued to grow at a high rate, and demand for AI computing power remained strong, but retail and advertising business growth slowed, capital expenditure continued to expand, and free cash flow was under pressure. Looking ahead, AI demand is expected to continue to support cloud business growth, but we still need to pay attention to the return on capital expenditure and changes in supply and demand in the upstream computing power industry chain.
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