Baird Predicts Decline in Amazon’s (NASDAQ:AMZN) AWS Profit Margins for the Current Year – TipRanks.com
Amazon is expected to face challenges this year, with Baird predicting a decrease in margins for its cloud computing unit, AWS. Analyst Colin Sebastian anticipates AWS margins will drop to around 30% due to higher operating expenses related to new data centers and infrastructure, as well as a shift towards lower-margin GenAI workloads. These GenAI … Read more