Amazon's stock rose 5% after Morgan Stanley upgraded it to a top pick and raised its price target to $350, citing faster growth in Amazon Web Services (AWS) and new AI-related opportunities. Morgan Stanley now expects AWS revenue to grow 47% in 2027 and 42% in 2028, boosted by Amazon's planned purchase of NVIDIA GPUs to expand AI capacity. The firm also projects higher operating margins and profits, with a potential $16.50 earnings per share in 2028. Investors will watch Amazon's upcoming Q3 earnings on October 29 to see if the company can deliver on these ambitious growth and profitability forecasts.
Amazon surged 5.17% to USD 262.93 on Pluang as of Oct 19, 2026 23:31 WIB, reflecting strong investor interest following Morgan Stanley's upgrade. Microsoft and Alphabet also edged higher, with Microsoft up 0.80% at USD 533.28 and Alphabet rising 1.47% to USD 345.61. These moves come as Amazon's AWS growth prospects and AI expansion plans gain attention in the market.
Amazon's AWS division posted its fastest growth in 18 quarters, growing 37% last quarter, driving optimism despite Amazon's free cash flow turning negative and long-term debt nearly doubling. The company is investing heavily—about $200 billion in 202...
Massive investments exceeding $10 trillion in AI infrastructure are transforming markets, offering significant opportunities and systemic risks. Investors may find outsized returns in semiconductor, memory, storage, and networking suppliers over the ...
Amazon has introduced Big Dreams™, a new exclusive line of diapers and wipes developed with Kimberly-Clark, designed to provide premium comfort, reliable protection, and convenience for parents. The products feature hypoallergenic materials, all-day ...
X-energy, Amazon, and American Electric Power (AEP) have signed a Joint Development Agreement to explore a 960 MW Xe-100 small modular reactor (SMR) project near the former Breed coal plant in Sullivan County, Indiana. Amazon will provide development...
Alphabet's unique strategy of vertical integration in AI—owning everything from AI models to hardware and cloud services—continues to fuel strong growth. Google Cloud revenue surged 82% year-over-year in Q2 2026, with a massive backlog of signed dema...
