Sources
References used in "Amazon to $750: A Compounder Thesis for 2030," published May 14, 2026.
Amazon Financials
- Amazon.com, Inc. — 2025 Annual Report (10-K filed February 2026)
- Amazon.com, Inc. — Q1 2026 Earnings Release (8-K filed April 29, 2026)
- Amazon.com, Inc. — Q4 2025 Earnings Release (8-K filed February 5, 2026)
- Amazon Investor Relations — quarterly segment disclosures
Industry Research
- Synergy Research Group — Q1 2026 cloud infrastructure market share data
- Marketplace Pulse — Amazon Advertising Services Sales tracking, 2020–2025
Comparable Companies
- Microsoft Corp. — FY2026 quarterly disclosures (Azure growth, operating margins)
- Alphabet Inc. — Q1 2026 disclosures (Google Cloud growth, operating margins)
- Meta Platforms — most recent 10-K (advertising margin reference)
- UPS, FedEx — 2025 10-K filings (logistics comp valuation reference)
- Walmart, Costco — most recent 10-K filings (retail multiple reference)
Media Coverage
- Bloomberg — "FedEx, UPS Shares Drop as Amazon Expands Logistics Services to New Customers," May 4, 2026
- CNBC — "AWS earnings Q1 2026," April 29, 2026
- CNBC — "UPS, FedEx stocks sink after Amazon expands logistics network to other businesses," May 4, 2026
- Platformonomics — "CAPEX Trends: Analysis of 2025's Record Expenditures," February 2026
- Marketing Dive — Amazon Q4 2025 advertising coverage, February 2026
- The Daily Memphian — FedEx response coverage, May 2026