Amazon has largely avoided the early October market sell-off, with Morgan Stanley upgrading its stock to 'Buy' and raising the price target to $350, predicting a 33% upside driven by strong growth in Amazon Web Services (AWS). Wall Street generally views Amazon as a 'Strong Buy,' expecting a 25.92% rise to around $330 by late 2027. However, concerns exist over Amazon's heavy spending on AI-related GPUs, which may exceed its infrastructure capacity, potentially leading to wasted investment. This issue reflects a broader trend among tech giants like Microsoft, which also face hardware oversupply risks, possibly impacting Nvidia's future sales.
As of Oct 20, 2026 16:51 WIB, Amazon (AMZN) trades at USD 263.21 on Pluang, showing a modest 0.29% gain for the day. Nvidia (NVDA), a key player in AI hardware, is priced at USD 216.36 but declined 0.34% in the same session. Microsoft (MSFT), also mentioned for its AI infrastructure, holds steady at USD 535.05 with a 0.29% increase as of the same time.
Heineken has partnered with Amazon to introduce 'Pubscription', a new Fire TV app that helps users discover pubs and bars based on their mood, similar to streaming service recommendations. The app, currently piloted in the UK, allows users to browse ...
Amazon's AWS segment growth accelerated to 37%, its fastest in 18 quarters, driving margin expansion and contributing 60% of operating income. The stock trades at 16.7x trailing EV/EBITDA, 21% below its five-year average, making it attractively value...
Amazon Web Services introduced TorchNeuron, a tool that allows AI startups to easily run PyTorch-based AI apps on Amazon's Trainium chip with minimal changes. This move challenges Nvidia's software advantage, which has made its GPUs the default for A...
Technology stocks recently declined due to concerns over how data center expansions are financed, rather than fundamental weaknesses. Taiwan Semiconductor reported a strong 41.2% year-over-year revenue growth driven by high demand for AI chips, with ...
Amazon is reaffirmed as a 'Buy' with potential to rise above $300 based on strong 2026 fundamentals and positive technical indicators. The company reported 20% revenue growth in Q2 and a 37% year-over-year acceleration in AWS, though earnings per sha...
