Eternal Surpasses Quarterly Profit Estimates Driven by Quick-Commerce Expansion
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 28 2026
0mins
Should l Buy AMZN?
Source: Newsfilter
- Quarterly Profit Beat: Eternal reported a consolidated net profit of 1.74 billion rupees ($18.40 million) for the quarter ending in March, exceeding analysts' expectations of 1.21 billion rupees, indicating strong performance in the rapidly growing e-commerce market.
- Revenue Surge: The company's revenue from operations nearly tripled year-on-year to 172.92 billion rupees, reflecting robust growth in both its core food delivery and quick-commerce segments, further solidifying its market position.
- Blinkit Store Expansion: Eternal added 216 Blinkit stores in the quarter, bringing the total to 2,243, which continues to drive growth in its quick-commerce business and enhances the company's competitive edge in the market.
- Intensifying Market Competition: With competitors like Reliance, Amazon, and Walmart-backed Flipkart entering the fray, the competition in India's quick-commerce sector is intensifying, necessitating continuous innovation from Eternal to maintain its market share.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy AMZN?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on AMZN
Wall Street analysts forecast AMZN stock price to rise
44 Analyst Rating
41 Buy
3 Hold
0 Sell
Strong Buy
Current: 272.680
Low
175.00
Averages
280.01
High
325.00
Current: 272.680
Low
175.00
Averages
280.01
High
325.00
About AMZN
Amazon.com, Inc. provides a range of products and services to customers. The products offered through its stores include merchandise and content it has purchased for resale and products offered by third-party sellers. The Company’s segments include North America, International and Amazon Web Services (AWS). It serves consumers through its online and physical stores and focuses on selection, price, and convenience. Customers access its offerings through its websites, mobile apps, Alexa, devices, streaming, and physically visiting its stores. It also manufactures and sells electronic devices, including Kindle, Fire tablet, Fire TV, Echo, Ring, Blink, and eero, and develops and produces media content. It serves developers and enterprises of all sizes, including start-ups, government agencies, and academic institutions, through AWS, which offers a set of on-demand technology services, including compute, storage, database, analytics, and machine learning, and other services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Cerebras IPO Valuation Could Reach $48.8 Billion
- IPO Price Range Increase: Cerebras Systems has raised its initial public offering (IPO) price range to $150 to $160 per share in its latest filing, up from $115 to $125 last week, potentially raising up to $4.8 billion, indicating strong market confidence in its valuation.
- Significant Valuation Boost: With the new price range, Cerebras could be valued at $48.8 billion, a substantial increase from the $23 billion valuation announced in February, reflecting heightened investor confidence in its position in the AI chip market.
- Strategic Partnership with OpenAI: The collaboration between Cerebras and OpenAI is deepening, with OpenAI committing over $20 billion, underscoring the critical role of Cerebras' chips in training generative AI models, thereby solidifying its market position.
- Cloud Services Expansion: Cerebras is not only focusing on hardware sales but also deploying its chips in data centers and providing cloud services, facing competition from Amazon Web Services, yet its technological advantages allow it to carve out a niche in the market.
See More
The Importance of Tolerance for Volatility in Investing
- Historical Lessons: Even the smartest individuals in history have faced significant losses in stock investing, highlighting that market volatility is an unavoidable risk in investing, necessitating investors to be psychologically prepared to handle such fluctuations.
- Amazon Case Study: Taking Amazon as an example, the company has experienced substantial stock price volatility throughout its development, and investors who can endure short-term fluctuations may have the opportunity for long-term capital appreciation, leading to wealth growth.
- Coca-Cola Analysis: Coca-Cola's stock price has also undergone multiple fluctuations; however, its brand value and market position have allowed long-term holders to achieve substantial returns, emphasizing the importance of patience and long-term investment.
- Investment Mindset: The video underscores that possessing the psychological resilience to cope with market volatility is crucial for success in investing, and investors should cultivate this mindset to remain calm and rational in the face of market uncertainties.
See More
Hassett: AI Currently Not Causing Job Losses
- AI Employment Impact: White House National Economic Council Director Hassett stated that there is currently no evidence that artificial intelligence is causing job losses, emphasizing the government's focus on studying AI's future implications for the workforce.
- Tech Layoff Wave: Despite Hassett's optimistic remarks, companies like Amazon, Meta, and Oracle have announced layoffs, with some highlighting AI's role in automating work and boosting productivity, reflecting tension within the industry.
- Block Layoff Example: Block announced in February that it would lay off nearly 4,000 employees, reducing its workforce by almost half, with CFO Amrita Ahuja noting that the company is leveraging AI to accelerate operations and enhance team efficiency, indicating a reliance on AI.
- Shifts in Industry Dynamics: Amid rapid advancements in AI technology, Wall Street has observed a changing of the guard, with Intel and AMD shares rising while Nvidia lags, reflecting varying market responses to AI investments.
See More
Hassett: No Evidence AI is Causing Job Losses
- Impact of AI on Employment: National Economic Council Director Hassett stated that there is currently no evidence that artificial intelligence is causing job losses, despite tech companies like Amazon, Meta, and Oracle announcing layoffs, indicating AI's role in work automation.
- Context of Layoffs: Block announced nearly 4,000 layoffs in February, reducing its workforce by almost half, with CFO Amrita Ahuja noting a shift towards smaller teams leveraging AI for increased efficiency, reflecting the industry's reliance on AI.
- Future Research Initiatives: Hassett mentioned that while there are no signs of job losses now, the White House is studying the impact of AI on the future workforce and has established a task force to address this challenge.
- Industry Dynamics Observation: Despite the layoffs, Hassett's comments highlight AI's potential in enhancing productivity and automating work, suggesting that companies still see long-term value in AI during their transformation processes.
See More
Amazon's AI Chip Business Sees Rapid Growth
- Surging Market Demand: Amazon's custom AI accelerators, Trainium, achieved nearly 40% quarter-over-quarter growth in Q1, with an annual revenue run rate exceeding $20 billion, indicating strong demand in the AI chip market and potential for further market share expansion.
- Significant Technical Advantages: The latest Trainium3 chip offers a 30%-40% better price-to-performance ratio compared to the previous Trainium2, with nearly full sell-out status and increasing reservations for the next-generation Trainium4 chips, reflecting sustained market confidence and demand for Amazon's chips.
- Deepening Partnerships: Amazon's collaboration with Marvell Technology was strengthened in 2024, with Marvell designing custom AI processors and networking components for Amazon, which is expected to drive Marvell's sustained growth, particularly in data center revenue.
- Future Growth Potential: Marvell anticipates a 30% overall revenue increase and a 40% growth in data center revenue for fiscal 2028, with expected earnings per share reaching $5.00, showcasing its strong prospects in the custom AI processor market and investment appeal.
See More
Media Companies Optimistic About Ad Sales Amid Industry Changes
- Ad Spending Recovery: Media companies report no significant pullbacks in ad spending during discussions with advertisers, indicating a strong recovery in market confidence despite previous economic uncertainties, which suggests a gradual return to pre-COVID levels of activity.
- Focus on Live Content: With fewer major sporting events, media firms are emphasizing live content, particularly NFL games, which are expected to draw larger audiences and boost ad revenues, reflecting a strategic shift towards high-value programming.
- Mergers and Consolidation: Warner Bros. Discovery's ongoing merger with Paramount, expected to close in Q3, aims to enhance content library depth and market competitiveness, which could drive advertising sales growth in a consolidating industry.
- AI Empowerment: Media companies are leveraging artificial intelligence to improve data analytics capabilities, enabling advertisers to better understand viewer behavior and optimize ad strategies, highlighting the growing importance and potential of technology in the advertising sector.
See More
Cerebras IPO Valuation Could Reach $48.8 Billion
- IPO Price Range Increase: Cerebras Systems has raised its initial public offering (IPO) price range to $150 to $160 per share in its latest filing, up from $115 to $125 last week, potentially raising up to $4.8 billion, indicating strong market confidence in its valuation.
- Significant Valuation Boost: With the new price range, Cerebras could be valued at $48.8 billion, a substantial increase from the $23 billion valuation announced in February, reflecting heightened investor confidence in its position in the AI chip market.
- Strategic Partnership with OpenAI: The collaboration between Cerebras and OpenAI is deepening, with OpenAI committing over $20 billion, underscoring the critical role of Cerebras' chips in training generative AI models, thereby solidifying its market position.
- Cloud Services Expansion: Cerebras is not only focusing on hardware sales but also deploying its chips in data centers and providing cloud services, facing competition from Amazon Web Services, yet its technological advantages allow it to carve out a niche in the market.
See More
The Importance of Tolerance for Volatility in Investing
- Historical Lessons: Even the smartest individuals in history have faced significant losses in stock investing, highlighting that market volatility is an unavoidable risk in investing, necessitating investors to be psychologically prepared to handle such fluctuations.
- Amazon Case Study: Taking Amazon as an example, the company has experienced substantial stock price volatility throughout its development, and investors who can endure short-term fluctuations may have the opportunity for long-term capital appreciation, leading to wealth growth.
- Coca-Cola Analysis: Coca-Cola's stock price has also undergone multiple fluctuations; however, its brand value and market position have allowed long-term holders to achieve substantial returns, emphasizing the importance of patience and long-term investment.
- Investment Mindset: The video underscores that possessing the psychological resilience to cope with market volatility is crucial for success in investing, and investors should cultivate this mindset to remain calm and rational in the face of market uncertainties.
See More
Hassett: AI Currently Not Causing Job Losses
- AI Employment Impact: White House National Economic Council Director Hassett stated that there is currently no evidence that artificial intelligence is causing job losses, emphasizing the government's focus on studying AI's future implications for the workforce.
- Tech Layoff Wave: Despite Hassett's optimistic remarks, companies like Amazon, Meta, and Oracle have announced layoffs, with some highlighting AI's role in automating work and boosting productivity, reflecting tension within the industry.
- Block Layoff Example: Block announced in February that it would lay off nearly 4,000 employees, reducing its workforce by almost half, with CFO Amrita Ahuja noting that the company is leveraging AI to accelerate operations and enhance team efficiency, indicating a reliance on AI.
- Shifts in Industry Dynamics: Amid rapid advancements in AI technology, Wall Street has observed a changing of the guard, with Intel and AMD shares rising while Nvidia lags, reflecting varying market responses to AI investments.
See More
Hassett: No Evidence AI is Causing Job Losses
- Impact of AI on Employment: National Economic Council Director Hassett stated that there is currently no evidence that artificial intelligence is causing job losses, despite tech companies like Amazon, Meta, and Oracle announcing layoffs, indicating AI's role in work automation.
- Context of Layoffs: Block announced nearly 4,000 layoffs in February, reducing its workforce by almost half, with CFO Amrita Ahuja noting a shift towards smaller teams leveraging AI for increased efficiency, reflecting the industry's reliance on AI.
- Future Research Initiatives: Hassett mentioned that while there are no signs of job losses now, the White House is studying the impact of AI on the future workforce and has established a task force to address this challenge.
- Industry Dynamics Observation: Despite the layoffs, Hassett's comments highlight AI's potential in enhancing productivity and automating work, suggesting that companies still see long-term value in AI during their transformation processes.
See More
Amazon's AI Chip Business Sees Rapid Growth
- Surging Market Demand: Amazon's custom AI accelerators, Trainium, achieved nearly 40% quarter-over-quarter growth in Q1, with an annual revenue run rate exceeding $20 billion, indicating strong demand in the AI chip market and potential for further market share expansion.
- Significant Technical Advantages: The latest Trainium3 chip offers a 30%-40% better price-to-performance ratio compared to the previous Trainium2, with nearly full sell-out status and increasing reservations for the next-generation Trainium4 chips, reflecting sustained market confidence and demand for Amazon's chips.
- Deepening Partnerships: Amazon's collaboration with Marvell Technology was strengthened in 2024, with Marvell designing custom AI processors and networking components for Amazon, which is expected to drive Marvell's sustained growth, particularly in data center revenue.
- Future Growth Potential: Marvell anticipates a 30% overall revenue increase and a 40% growth in data center revenue for fiscal 2028, with expected earnings per share reaching $5.00, showcasing its strong prospects in the custom AI processor market and investment appeal.
See More
Media Companies Optimistic About Ad Sales Amid Industry Changes
- Ad Spending Recovery: Media companies report no significant pullbacks in ad spending during discussions with advertisers, indicating a strong recovery in market confidence despite previous economic uncertainties, which suggests a gradual return to pre-COVID levels of activity.
- Focus on Live Content: With fewer major sporting events, media firms are emphasizing live content, particularly NFL games, which are expected to draw larger audiences and boost ad revenues, reflecting a strategic shift towards high-value programming.
- Mergers and Consolidation: Warner Bros. Discovery's ongoing merger with Paramount, expected to close in Q3, aims to enhance content library depth and market competitiveness, which could drive advertising sales growth in a consolidating industry.
- AI Empowerment: Media companies are leveraging artificial intelligence to improve data analytics capabilities, enabling advertisers to better understand viewer behavior and optimize ad strategies, highlighting the growing importance and potential of technology in the advertising sector.
See More
