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Amazon Buys Globalstar In Satellite Internet Race With SpaceX

Amazon has reportedly agreed to acquire satellite operator Globalstar to bolster its Project Kuiper broadband initiative and directly challenge SpaceX's Starlink. The deal provides...

Top Analyst: Why Amazon’s $200B AI Capex Push Could Send Stock Soaring 50%

BNP Paribas Exane analyst Nick Jones has set a $320 price target for Amazon stock, implying over 50% upside from recent trading levels. His...

Amazon Soars on Market Rebound, Analyst Praise, and AI Deals

Amazon shares rose amid a broad market rebound following a US-Iran ceasefire announcement. Wall Street's bullish sentiment was reinforced by analyst price target increases...

JP Morgan Raises Amazon Price Target to $280, Citing AWS Growth and AI as Key Catalysts

J.P. Morgan analyst Doug Anmuth raised his price target for Amazon to $280, calling the stock his "best idea." He cited accelerating growth in...

Amazon Slumps 5% as Investor Anxiety Over Massive AI Spending Grows Before Earnings

Amazon's stock (AMZN) has fallen 5.1% this week amid a broader market pullback from large-cap growth stocks, bringing its year-to-date decline to roughly 11%....

Wall Street Raises Amazon Targets, Citing 40% Upside Fueled by AWS AI Surge

Analysts have raised the Amazon stock target to a consensus between $281 and $287, citing accelerating growth in its AWS cloud division driven by...

Amazon Stock Slumps But AI, AWS Growth Fuel 2030 $338 Target: Analysts Bullish

Amazon (AMZN) stock is trading at a 2026 record low, down nearly 12% for the year, yet remains a premier investment. Despite the price,...

Nvidia to Supply 1 Million GPUs to Amazon by 2027

Nvidia has agreed to sell one million GPUs to Amazon Web Services, with deliveries starting in 2024 and extending through 2027. The deal also...

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