Amazon.com (AMZN) News Today

Amazon.com, Inc. (AMZN) shares are moving today on a mix of strategic expansions, high-profile investments and partnerships, along with some emerging challenges in its autonomous-vehicle arm and consumer-spending trends.

• Amazon announced the expansion of its global data centers and broadened access to its custom AI chips, reinforcing AWS’s leadership in cloud infrastructure.
• Bill Ackman’s Pershing Square disclosed a new stake in AMZN, lending credibility to the bull case and helping to underpin the stock’s recent gains.
• Multiple hedge funds have been accumulating Amazon shares on market weakness over recent months, signaling strong institutional demand.
• Tigress Financial raised its price target for AMZN to $305, implying roughly 50% upside from current levels and reflecting upbeat analyst sentiment.
• Amazon and The New York Times signed a multi-year AI licensing deal, ensuring a steady flow of premium content for Amazon’s AI platforms and voice assistants.
• The launch of the ZeroOne innovation group, led by former Microsoft veteran J. Allard, underscores Amazon’s push to create entirely new consumer product categories.
• Jim Cramer reported that Amazon will buy every NVIDIA AI chip it can get, signaling aggressive investment in AI compute capacity.
• Analysts at 24/7 Wall St. published bull, baseline and bear forecasts for AMZN’s share price by 2030, offering a range of long-term scenarios.
• Amazon plans over $100 billion in capital expenditures for 2025, supporting growth initiatives but raising questions about near-term margin impact.
• Amazon introduced the Arreya & Amazon Signage Stick for digital signage, a new product line whose revenue potential remains to be seen.
• Zoox, Amazon’s self-driving unit, issued its second software recall this month after a San Francisco crash, highlighting safety and regulatory risks.
• A recent report noted shoppers shifting spending back to brick-and-mortar retailers, suggesting headwinds for Amazon’s e-commerce growth.