Key Facts About Major Companies
Amazon (NASDAQ: AMZN) controls approximately 40% of North America’s online shopping market, despite e-commerce accounting for only 16% of its total revenue. The company’s cloud computing arm, Amazon Web Services, generates around 60% of its earnings, showing consistent double-digit sales growth. Amazon’s advertising revenue reached over $56 billion last year, surpassing profits from its e-commerce operations.
Uber Technologies (NYSE: UBER) is experiencing a shift in consumer preferences away from car ownership, with only about 33% of U.S. drivers aged 16 to 19 licensed in recent years. Uber’s revenue growth is projected to normalize in the mid-teens, with a significant portion of the company’s revenue increasingly coming from same-day delivery services, which grew 22% to nearly $3.8 billion in Q1.
American Express (NYSE: AXP) operates its own payment network and credit cards, appealing to affluent consumers less affected by economic downturns. While it may not see explosive growth, the company has a history of consistent revenue and profit growth, supporting regular dividend increases. American Express has outperformed the S&P 500 over the past 30 years.
