Amazon's stocks (NASDAQ:AMZN) have been doing exceptionally well, as shown by successive quarterly earnings beats and the rapid growth of its cloud computing division. Future projections remain promising, with estimates predicting substantial price hikes by 2025 and 2030. A robust Q3 report led to increased buzz about AMZN stock, with some advocating to buy while others showed caution.
Jeff Bezos, Amazon executive chair, sold large amounts of stock, but still retains a significant amount. Several companies have bought and sold large volumes of Amazon shares. There is speculation about Amazon's future capacities pertaining
AI and technology. Its proposition to bolster Italy's Data Center Sector and create thousands of jobs spells good news. However, some roadblocks have appeared, such as the block of its AI Data Center Power Plan. Its diverse investment interest is evident in its consideration to invest in
Anthropic, a leading AI startup. Owing to its performance and potential, it continues to be a favorite among hedge funds and analysts.
Amazon Stocks AMZN News Analytics from Thu, 18 Jul 2024 07:00:00 GMT to Sat, 09 Nov 2024 21:17:43 GMT -
Rating 7
- Innovation 8
- Information 9
- Rumor 5
