Jim Cramer highlights Amazon's potential to disrupt pharmacy market with Alexa upgrades.
From Yahoo Finance: 2025-07-01 16:55:00
Amazon.com, Inc. (NASDAQ:AMZN) is highlighted by Jim Cramer for its potential to disrupt the pharmacy market in the US. Cramer warns pharma companies like Walgreens to be cautious of Amazon’s market takeover. Additionally, he praises Amazon’s presence in eCommerce, web services, and cloud computing, highlighting Alexa’s upcoming upgrades.
Following Amazon’s latest earnings report, Cramer notes the company’s conservative forecast for the second quarter due to unpredictable tariff situations. Despite this, sales grew by 9% year-over-year, surpassing expectations by over $600 million. Amazon Web Services and advertising business saw double-digit growth, with a remarkable 62% increase in earnings per share.