Page 23 - Amazon Com News Today

Hedge funds increased holdings in AI companies like Nvidia, Amazon, Meta, and Microsoft while reducing positions in other sectors. Analysts predict huge revenue from Nvidia's new GPUs.

Microsoft's emissions increased by 29.1% due to data center expansion for AI and cloud computing, competing with Amazon and Google. It plans to use 100% carbon-free electricity by 2030.

Piper Sandler analyst attended Virtual Iceberg Summit with tech giants. Snowflake seen as having potential drag on growth, but threat may be overstated.

Apple is developing a chip to run AI tools on servers, but it is unclear if the tech giant will deploy it, The Wall Street Journal reported.

Amazon.com (NASDAQ:AMZN) had its target price boosted by Argus from $185.00 to $205.00 in a research report released on Thursday, Benzinga reports. Argus currently has a buy rating on the e-commerce giant’s stock. Several other research firms also recently issued reports on AMZN. Wolfe Research boosted their price objective on Amazon.com from $195.00 to $205.00 […]

Amazon.com, Inc. (NASDAQ:AMZN) CEO Douglas J. Herrington sold 3,500 shares of the company’s stock in a transaction dated Wednesday, May 1st. The shares were sold at an average price of $180.29, for a total transaction of $631,015.00. Following the completion of the transaction, the chief executive officer now directly owns 509,358 shares of the company’s […]

Amazon.com (NASDAQ:AMZN) had its price target increased by Stifel Nicolaus from $224.00 to $228.00 in a research note published on Wednesday morning, Benzinga reports. The firm currently has a buy rating on the e-commerce giant’s stock. Other equities research analysts have also issued research reports about the stock. Benchmark reaffirmed a buy rating and issued […]

Benchmark reaffirmed their buy rating on shares of Amazon.com (NASDAQ:AMZN) in a research report report published on Wednesday morning, Benzinga reports. They currently have a $200.00 target price on the e-commerce giant’s stock. Several other equities research analysts have also recently weighed in on AMZN. UBS Group increased their target price on shares of Amazon.com […]

Amazon.com (NASDAQ:AMZN) had its price objective upped by Barclays from $220.00 to $230.00 in a report released on Wednesday, Benzinga reports. The firm currently has an overweight rating on the e-commerce giant’s stock. Several other research analysts have also recently weighed in on AMZN. Piper Sandler upped their price target on shares of Amazon.com from […]

JMP Securities reissued their market outperform rating on shares of Amazon.com (NASDAQ:AMZN) in a report released on Wednesday morning, Benzinga reports. JMP Securities currently has a $225.00 target price on the e-commerce giant’s stock. Several other brokerages have also recently issued reports on AMZN. Wells Fargo & Company lifted their target price on Amazon.com from […]