Amazon (AMZN) to Pass This Competitor in Revenue for 1st Time

One of the biggest companies successful the satellite is expected to reassert its dominance this week. Indeed, Amazon (AMZN) banal is acceptable to unveil its latest 4th information aft trading closes Thursday, and experts foretell that it volition amusement the institution has surpassed 1 cardinal rival successful gross for the archetypal clip ever.

The e-commerce juggernaut has embraced diversification possibly arsenic good arsenic immoderate Magnificent Seven Stock. That could beryllium acceptable to wage disconnected here, arsenic the institution is projected to contented gross of $187 cardinal successful its latest quarter. More importantly, if that projection comes to fruition, it volition spot them overtake 1 of its biggest rivals.

Source: Reuters

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Amazon (AMZN) to Outperform Rival successful Revenue arsenic it Shifts 12-Year Trend

Amazon has agelong been 1 of the astir ascendant companies successful the United States. That has lone continued successful 2025. In precocious January, the banal deed a grounds precocious portion being called 1 of the lowest-risk high-reward stock buys connected Wall Street. With that being said, its coming net study is 1 of immense importance.

According to experts, it should besides beryllium history-making for the e-commerce titan. Indeed, Amazon (AMZN) is expected to surpass 1 of its astir accordant competitors successful gross for the precise archetypal time. Moreover, it volition bash truthful for the archetypal clip successful 12 years.

Source: CNBC

Also Read: Amazon (AMZN) Stock Sets New Record High arsenic Earnings Near

Specifically, the latest net study is expected to amusement Amazon earned much gross than brick-and-mortar behemoth Walmart (WMT). Indeed, CNBC reports that its expected fig is acceptable to surpass the $180 quarterly gross projected by Walmart successful precocious February.

Walmart has agelong been 1 of the apical gross generators for each quarter. It overtook Exxon Mobile successful 2012 and has ne'er looked back. As lipid has stumbled successful caller years, the retail elephantine has continued its reign of dominance.

Yet that is each expected to extremity today. The absorbing happening to observe present is if Amazon tin travel suit. Can it drawstring unneurotic its ain revenue-winning streak successful the coming years? According to data, its quarterly net volition bring its 2024 gross up to $638 billion, which is the archetypal clip it has surpassed the $600 cardinal mark.