Amazon ( (AMZN) ) has been popular among investors this week. Here is a recap of the key news on this stock.
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Trade AMZN with leverageAmazon is doubling down on automation and AI as it quietly reshapes its long-term growth story. The company acquired Zurich-based startup Rivr, whose stair-climbing delivery robots could cut costs and improve last-mile logistics in hard-to-reach homes. Yet despite the strategic move, Amazon’s share price has barely budged, recently trading near $205 after a roughly 8.5% three-month slide.
Wall Street, however, is looking past the short-term weakness. Analysts maintain a Strong Buy rating on Amazon, with average price targets around $280–$285 implying roughly 34%–37% upside. Evercore ISI calls Amazon its top large-cap idea for 2026, driven by robust AWS forecasts, including revenue projections of $163 billion in 2026 and margin expansion, even as heavy capex may pressure free cash flow.
Amazon is also reinforcing its AI infrastructure with a massive multi-year deal to buy 1 million Nvidia chips for AWS, plus networking and inference hardware. The agreement highlights management’s willingness to spend aggressively to stay competitive in cloud AI, complementing Amazon’s in-house chips like Trainium2. For investors, the combination of robotics, cloud, and AI build-out supports a bullish long-term thesis despite near-term capex and stock volatility.