Amazon endured a 50% stock drop, CEO change, and its first loss in years but bounced back with strong cloud and ad growth. AWS revenue surged 36.7% in Q2 2026, driven by AI demand, while advertising hit $19.8 billion. A $1,000 investment 10 years ago would now be worth $5,966, outperforming the S&P 500. The company plans heavy spending in 2026 but aims for AWS to become a trillion-dollar business, making future earnings reports crucial for investors.
Amazon shares trade at USD 248.32 on Pluang as of Oct 24, 2026 02:01 WIB, down 0.82% for the day and closer to its 52-week low of USD 198.79 than the high of USD 284.02. Despite the recent pullback, the stock's market cap remains substantial at $2.70 trillion. This contrasts with the typical hold time of 128 days on Pluang, where order activity is nearly balanced between buyers (52%) and sellers (48%).
Qualcomm is currently undervalued by the market, which still views it mainly as a handset maker despite its growing AI and automotive businesses. The company reported a 61% increase in automotive revenue and expects significant revenue from hyperscal...
Amazon.com, Inc. will release its Q3 earnings on October 29. Investors have recently been worried about the company's large capital expenditure, expected to reach $220 billion for the fiscal year, driven by AI-related investments. This $20 billion in...
Amazon has underperformed other AI-focused tech giants this year, presenting a potential buying opportunity as strong third-quarter earnings are anticipated. Despite a soft Q3 retail revenue outlook influenced by Prime Day timing and currency effects...
Elon Musk suggested the possibility of starting a competitor to Amazon after reports that Amazon was blocking AI bots from placing orders. SpaceX, now public, posted strong revenue growth, particularly in AI, and holds substantial cash reserves, posi...
Billionaire hedge fund manager Ken Griffin calls the current AI investment surge a bubble due to speculative excess and uncertain future demand. Despite his warning, his firm Citadel holds about $8.6 billion in major AI-related stocks including Amazo...
