An analyst initiates coverage of Amazon with a Strong Buy rating, citing strong earnings growth from AWS, AI, advertising, and logistics improvements. AWS revenue grew 37% and operating income 64% in Q2 2026, now making up 60% of Amazon's operating profit on 21% of revenue. The analyst projects normalized EPS of $10.08 for 2027 and a price target of $323, implying a 27% upside. Risks include high AI infrastructure costs, negative free cash flow, and competitive pressures on AWS margins.
Amazon shares have gained 3.29% on Pluang, trading at USD 262.43 as of Oct 10, 2026 16:11 WIB. Despite the analyst's strong buy rating and price target of $323, current Pluang order activity shows 71% selling and 29% buying interest. The stock remains below its 52-week high of $284.02 at this time.
Amazon.com, Inc. (AMZN) has confirmed a bullish trend reversal by breaking out of a double bottom pattern, reaching a five-week high of $262.80. This breakout suggests the recent bearish correction may have ended, supported by reclaiming key moving a...
The state of California alleges that Amazon is involved in a price-fixing scheme that coerces wholesale vendors to increase prices at competing retailers such as Target, Walmart, Chewy, and Best Buy. Evidence includes email exchanges between Amazon v...
Amazon announced it will stop using non-disclosure agreements (NDAs) when negotiating data center deals with local governments. This move follows Microsoft’s similar decision earlier this year and responds to community opposition against AI infrastru...
Amazon has decided to stop using non-disclosure agreements (NDAs) when negotiating data center deals with local governments, following Microsoft's similar move. This shift comes as secrecy around AI infrastructure has sparked community opposition, re...
Amazon has blocked Meta's Muse AI agent from shopping on its platform, citing unauthorized access. Despite this, Wall Street remains optimistic about Meta's stock, maintaining a strong buy rating with a price target of $906.46, implying a 25.67% upsi...
