Amazon.com (AMZN) News Today

Investors in Amazon.com, Inc. (AMZN) have reacted to a flurry of strategic initiatives, product launches and analyst commentary over the past 24 hours. Here’s what’s moving the stock:

• Positive Sentiment: Amazon plans to launch a global satellite internet service by late 2025, which analysts say could generate billions of dollars of incremental consumer revenue.Amazon Plans to Offer Satellite Internet Service in Late 2025
• Positive Sentiment: AWS unveiled a preview of “Kiro,” its new AI-powered coding assistant, marking a direct challenge to tools like Cursor and Windsurf and underscoring continued investment in AI-driven developer services.Amazon jumps into AI vibe coding with preview of Kiro
• Positive Sentiment: Amazon’s web-based Alexa.com assistant is slated to launch no sooner than July 31, extending Alexa’s reach beyond Echo devices and potentially boosting engagement across browsers and PCs.Amazon’s Web-Based Virtual Assistant Alexa.com to Be Launched This Summer
• Positive Sentiment: Extended Prime Day drove a record‐breaking $24 billion in online spending and “billions” in customer savings, reinforcing Prime’s power to boost e-commerce revenue and subscriber growth.Amazon (AMZN) Prime Day Leads to $24 Billion in Online Spending
• Positive Sentiment: Monness Crespi maintained a Buy rating on AMZN with a $265 price target, citing strategic AI and cloud growth initiatives.Amazon’s Strategic Growth Initiatives in AI and Cloud Computing Justify Buy Rating
• Positive Sentiment: Truist Financial increased its price target on AMZN to $250 while retaining a Buy rating, highlighting Prime Day momentum and AWS strength.Truist Financial Increases PT on Amazon.com Stock to $250, Keeps Buy Rating
• Neutral Sentiment: Seeking Alpha notes that while AMZN remains a mega-cap market favorite, investors should balance risk as broader markets stay overheated and concentrated.High Conviction Ideas With Next Gen Investors
• Neutral Sentiment: Zacks.com reports increased investor searches for Amazon, reflecting heightened market attention but not yet translating into consensus upgrades.Amazon.com, Inc. (AMZN) is Attracting Investor Attention: Here is What You Should Know
• Neutral Sentiment: FXEmpire’s forecast calls AMZN “a bit mixed” among major tech names like AAPL and GOOGL, suggesting sideways near-term movement despite longer-term upside potential.AAPL, AMZN and GOOGL Forecast – Major Stocks a Bit Mixed
• Negative Sentiment: Bitcoin’s market cap recently surpassed Amazon’s as BTC hit fresh highs above $123K, spotlighting cryptocurrencies’ rapid asset-class gains relative to tech stocks.Bitcoin Is Now Worth More Than Google and Amazon
• Negative Sentiment: Multiple crypto reports note Bitcoin has overtaken Amazon in market value amid surging institutional inflows, underlining competitive pressures on tech giant valuations.Bitcoin beats Amazon in market value; Crypto breaches $120,000 to hit new peak