Amazon.com (AMZN) News Today

Amazon.com, Inc. (NASDAQ: AMZN) shares have climbed today, driven by multiple analyst upgrades and upbeat growth forecasts, although some mixed Prime Day metrics and warehouse labor concerns temper the upside.

• Positive Sentiment: Piper Sandler raised its price target on AMZN to $250.00 and kept an “overweight” rating, signaling strong confidence in the stock’s upside. Article Title
• Positive Sentiment: JPMorgan Chase lifted its Amazon price objective to $255.00 and reiterated an “overweight” rating, underscoring confidence in both e-commerce and AWS. Article Title
• Positive Sentiment: Morgan Stanley boosted its AMZN target dramatically to $300.00, citing resilient Prime Day momentum and robust cloud revenue. Article Title
• Positive Sentiment: Roth Capital raised Q2 EPS estimates to $1.52 and maintained a Buy rating, highlighting AWS’s strong performance in the quarter. Article Title
• Positive Sentiment: Bank of America forecasts Amazon’s Project Kuiper satellite business could add $7.1 billion in revenue by 2032, underlining long-term growth avenues. Article Title
• Neutral Sentiment: PMG’s head of commerce notes Amazon’s logistics edge is bolstering Prime Day sales performance as the event wraps up its final day. Article Title
• Neutral Sentiment: Reports say Amazon is weighing another multibillion-dollar investment in AI partner Anthropic, deepening its cloud-AI ecosystem. Article Title
• Negative Sentiment: Early Prime Day data indicate year-over-year spending is down, raising questions about consumer enthusiasm for deep discounts. Article Title
• Negative Sentiment: Trump-era immigration policy changes have led to layoffs at Amazon warehouses, highlighting potential labor-supply challenges. Article Title
• Negative Sentiment: Insider Jeffrey Bezos sold over 101,000 AMZN shares for roughly $22.6 million, a move that could add selling pressure. Article Title