Track market-moving stories before they get noisy

Australian biotechnology firm CSL (CSL.AX) said on Tuesday it is collaborating with Amazon's (AMZN.O) cloud ​arm to harness AI and cloud ‌technology across its research and clinical development pipeline.

Here are some more details:

The partnership with Amazon Web ​Services (AWS) will enable CSL's scientists to analyse ​complex scientific data and identify potential ⁠drug targets earlier in the discovery process, ​helping to accelerate research and shorten development timelines, ​the company said.

On the clinical front, CSL said it will also use AWS's cloud and AI tools ​to reduce manual workloads in protocol ​drafting, data management, and submission processes.

The firm aims to ‌link ⁠laboratory and computational work more closely, enabling experimental findings to inform research models and decisions faster.

The partnership with Seattle-based AWS comes after ​US President ​Donald Trump announced ⁠a new round of drug-pricing agreements with international pharmaceutical companies, including ​CSL, in early September.

In mid-August, CSL posted ​better-than-expected ⁠annual underlying earnings and forecast growth in 2027 on the back of its core ⁠plasma ​division.

Shares of CSL were largely ​unchanged at A$181.9, as of 0023 GMT.

Lower model costs can reduce revenue per call while expanding total cloud consumption. Summary

AWS needs cheaper tokens to create disproportionately greater infrastructure usage.

Amazon AMZN, the commerce and cloud-infrastructure company, brought Claude Opus 5.5 to Bedrock and Claude Platform on AWS on September 22. Shares stood at $246.84 at 11.22am ET time on September 28, down about 1.1% from Friday's close.

The price cut is substantial: Anthropic says Opus 5.5 costs $4 per million input tokens and $20 per million output tokens, 20% less per token than Opus 5. It estimates a typical workload costs about 40% less because the model also uses fewer tokens. AWS offers it through Bedrock, with zero-data-retention support by default, and through Anthropic's native platform on AWS.

Cheaper AI calls could bring Amazon more customers, but they could also mean less revenue per task. The question is whether heavier use makes up the difference. This puts the shares 1.11% below the $249.61 GF Value™ estimate, a narrow gap that leaves investors looking to AWS growth and margins for the stronger signal.

Disclosures I/we have no positions in any stocks mentioned, and have no plans to buy any new positions in the stocks mentioned within the next 72 hours.

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Amazon is spending at a scale that makes most investors nervous, but the cash flow charts tell a story that has me adding to my position every quarter. Here is why I see a toll road being built while others…

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My Amazon (NASDAQ:AMZN | AMZN Price Prediction) position keeps growing for one reason. I can now watch its AI spending turn into revenue, one quarter after another. Amazon spent $131.8 billion on capex in 2025 and raised its 2026 tech and infrastructure outlook to approximately $220 billion. Plenty of investors wince at those figures. To me, Amazon is building toll roads that customers have already lined up to use.

AWS Growth Is Speeding Up Alongside the Spending Put the two trends side by side and the case gets clear. Quarterly capex rose from $35.10B in Q3 2025 to $54.21B in Q2 2026. Over the same stretch, AWS growth went from 20% to 24% to 28% to 37%. That last figure was the fastest AWS growth in 18 quarters, on $42.23B of revenue at a 39.4% operating margin. Amazon’s AI and chips businesses each passed $25B in annualized revenue, and both are growing at triple-digit rates.

Signed Contracts Already Cover Future Capacity My second reason is visibility. The AWS backlog reached $496 billion, and management said most of its 2027 capacity is already reserved. OpenAI committed to roughly 2 GW of Trainium capacity starting in 2027, and Anthropic plans to secure up to 5 GW. Servers take “a little less than three years to break even,” they last at least five to six years, and most AI capacity runs on contracts of at least five-year terms. The CEO now says AWS could “very possibly be a trillion dollar annual revenue business for us in time.”

Core Profits Keep Growing Under the Anthropic Gains I set aside the Anthropic gains when I judge earnings. On a comparable basis, Q2 EPS came in near $1.88, ahead of the $1.83 estimate. Operating income rose 43.2% while revenue grew 19.6%, so margins are expanding. Advertising added $19.81B, up 26%. Q3 guidance calls for operating income of $22.5B to $26.5B, compared with $17.4B a year earlier.

Why My Money Goes Here Over Microsoft and Alphabet Microsoft (NASDAQ:MSFT) grew Azure 43%, and I respect that. Its companywide revenue growth of 17.75% trails Amazon’s, though, and it trades at 8.66 times book value compared with Amazon’s 6.55. Alphabet (NASDAQ:GOOGL) looks cheaper at about 15 times earnings, compared with Amazon’s 35. But Alphabet raised $49.6 billion from selling new stock, paused its buyback, and saw long-term debt rise from $46.5 billion to $98.2 billion. Amazon pays for its expansion with net debt/EBITDA of 0.45 while covering interest 35.17x times over.

Cash Flow Risk Keeps Me Disciplined Trailing free cash flow turned negative at -$7.6B, and 2025 free cash flow fell 66% to $11.19B. Memory chip supply swings, tariffs and a recession could all hurt returns on data centers that are already built. I take that seriously. Still, Q2 operating cash flow rose 39.6% to $45.39B, and customers reserve capacity before Amazon buys the servers. The CEO said the free cash flow squeeze lasts “until these data centers come online to be monetized.”

What Keeps Me Adding From Here Amazon expects to have double the capacity, power capacity by the end of 2027 compared with 2025, and customers have already claimed much of it. The same data-center expansion is pulling in a whole host of power, cooling, and networking suppliers, which we profiled in a free report on seven AI infrastructure stocks that aren’t chipmakers. With backlog rising faster than capex, I will keep buying, because I would rather own the toll road than pay the toll.

Contact [email protected] for any questions or corrections.

Meiji Yasuda Life Insurance Co reduced its stake in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 4.0% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 83,300 shares of the e-commerce giant’s stock after selling 3,455 shares during the period. Amazon.com accounts for about 0.7% of Meiji Yasuda Life Insurance Co’s holdings, making the stock its 9th biggest position. Meiji Yasuda Life Insurance Co’s holdings in Amazon.com were worth $19,854,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of AMZN. Okabena Investment Services Inc. lifted its stake in shares of Amazon.com by 45.8% during the 2nd quarter. Okabena Investment Services Inc. now owns 13,369 shares of the e-commerce giant’s stock worth $3,186,000 after purchasing an additional 4,201 shares during the period. Spinnaker Trust increased its position in Amazon.com by 6.7% during the second quarter. Spinnaker Trust now owns 82,954 shares of the e-commerce giant’s stock worth $19,771,000 after purchasing an additional 5,223 shares during the last quarter. Cullinan Associates Inc. raised its stake in Amazon.com by 7.2% during the second quarter. Cullinan Associates Inc. now owns 126,253 shares of the e-commerce giant’s stock worth $30,091,000 after purchasing an additional 8,500 shares during the period. Greenwood Capital Associates LLC boosted its holdings in Amazon.com by 1.3% in the second quarter. Greenwood Capital Associates LLC now owns 79,928 shares of the e-commerce giant’s stock valued at $19,050,000 after acquiring an additional 1,053 shares during the last quarter. Finally, Trustmark Bank Trust Department lifted its stake in shares of Amazon.com by 7.0% in the 2nd quarter. Trustmark Bank Trust Department now owns 60,671 shares of the e-commerce giant’s stock valued at $14,460,000 after purchasing an additional 3,993 shares in the last quarter. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Key Headlines Impacting Amazon.com Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: AWS and AI infrastructure remain the central bullish case. Analysts and commentators argue that Amazon’s roughly $200 billion 2026 capital-expenditure plan reflects substantial demand for AWS computing, custom chips and AI capacity. Amazon is also reportedly preparing to receive approximately $2.4 billion in backup-generator orders from Generac in 2027 and 2028, underscoring the scale of its data-center expansion. Amazon AI capital expenditures article Generac data-center orders article Positive Sentiment: Expansion of merchant services could broaden revenue beyond Amazon.com. New tools let sellers manage listings, inventory and orders across channels including Walmart, Shopify, TikTok and eBay. Amazon is also extending Prime delivery and fulfillment services to merchants’ own websites, potentially increasing third-party logistics revenue and seller dependence on its ecosystem. Amazon merchant services article Neutral Sentiment: Anthropic remains strategically important, but its infrastructure is becoming more diversified. Anthropic committed about $11.6 billion to an Akamai CPU agreement, which can be viewed as a setback for AWS. However, Amazon retains a major equity stake and an ongoing AWS relationship, limiting the immediate financial impact. Anthropic Akamai agreement article Negative Sentiment: Investors remain concerned that AI spending may outpace monetization. Goldman Sachs estimates hyperscalers may need roughly $300 billion in additional AI revenue to justify their investments, while Michael Burry and Jefferies’ Chris Wood have warned of leverage, overcapacity and potential write-offs. Those concerns could pressure AMZN’s valuation despite strong AWS demand. Goldman Sachs AI spending article Negative Sentiment: Amazon’s $3 billion India quick-commerce investment adds near-term cost and execution risk while the company attempts to catch rivals with a relatively small market share. The decision to block Meta’s Muse shopping agent also risks diverting AI-driven purchases toward Shopify and other platforms. Amazon India investment article Analyst Upgrades and Downgrades A number of equities analysts have recently commented on AMZN shares. Citigroup reissued a “market outperform” rating on shares of Amazon.com in a research note on Friday, August 14th. KeyCorp raised their price objective on Amazon.com from $335.00 to $350.00 and gave the company an “overweight” rating in a research report on Friday, July 31st. Cantor Fitzgerald restated an “overweight” rating and set a $320.00 price objective (down from $330.00) on shares of Amazon.com in a research note on Friday, July 31st. Benchmark upped their target price on Amazon.com from $370.00 to $400.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Finally, HSBC reiterated a “buy” rating and issued a $310.00 target price on shares of Amazon.com in a research note on Friday, July 31st. Fifty-six research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $321.19. Read Our Latest Research Report on AMZN

Insider Buying and Selling In related news, SVP David Zapolsky sold 9,258 shares of Amazon.com stock in a transaction on Monday, August 24th. The shares were sold at an average price of $259.77, for a total value of $2,404,950.66. Following the completion of the sale, the senior vice president owned 41,190 shares in the company, valued at approximately $10,699,926.30. The trade was a 18.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Brian T. Olsavsky sold 6,172 shares of the company’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $260.31, for a total transaction of $1,606,633.32. Following the completion of the sale, the chief financial officer directly owned 109,207 shares in the company, valued at $28,427,674.17. This represents a 5.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 71,589 shares of company stock worth $18,568,785 over the last 90 days. 8.90% of the stock is currently owned by corporate insiders.

Amazon.com Price Performance Shares of NASDAQ AMZN opened at $249.67 on Monday. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $287.20. The firm has a market cap of $2.69 trillion, a price-to-earnings ratio of 20.09, a PEG ratio of 1.93 and a beta of 1.44. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03. The stock’s 50-day simple moving average is $256.39 and its 200-day simple moving average is $247.20.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, topping the consensus estimate of $1.82 by $3.93. The business had revenue of $200.61 billion for the quarter, compared to analysts’ expectations of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The company’s revenue was up 19.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.68 earnings per share. As a group, equities analysts anticipate that Amazon.com, Inc. will post 8.01 earnings per share for the current fiscal year.

About Amazon.com (Free Report)

Amazon.com, Inc is a global technology and e-commerce company that operates online marketplaces and provides a broad range of consumer products and services. Its retail business sells merchandise directly to customers and enables third-party sellers to offer products through Amazon’s websites and applications. The company also operates physical stores and provides services such as digital content, subscriptions, and consumer devices, including Kindle and Echo products.

Amazon Web Services (AWS) provides cloud computing, storage, database, analytics, artificial intelligence, machine learning, and other technology services to businesses, governments, and organizations.

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Vermillion & White Wealth Management Group LLC acquired a new stake in Amazon.com, Inc. (NASDAQ:AMZN) during the second quarter, according to its most recent filing with the SEC. The firm acquired 3,633 shares of the e-commerce giant’s stock, valued at approximately $816,000. Amazon.com comprises approximately 0.4% of Vermillion & White Wealth Management Group LLC’s holdings, making the stock its 26th largest holding.

Several other hedge funds and other institutional investors also recently made changes to their positions in AMZN. Henson Edgewater Management LLC acquired a new position in Amazon.com in the second quarter valued at about $10,895,000. Beacon Pointe Advisors LLC bought a new stake in shares of Amazon.com in the 2nd quarter valued at about $211,009,000. Kimelman & Baird LLC bought a new stake in shares of Amazon.com in the 2nd quarter valued at about $64,876,000. 49 Wealth Management LLC acquired a new stake in shares of Amazon.com in the 2nd quarter valued at approximately $2,523,000. Finally, Capasso Planning Partners LLC acquired a new stake in shares of Amazon.com in the 2nd quarter valued at approximately $1,139,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes Several brokerages have commented on AMZN. Pivotal Research reaffirmed a “buy” rating and issued a $333.00 target price (up from $320.00) on shares of Amazon.com in a research note on Friday, July 31st. Jefferies Financial Group reissued a “buy” rating on shares of Amazon.com in a report on Thursday, June 18th. Royal Bank Of Canada upped their price objective on shares of Amazon.com from $320.00 to $330.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Citizens Jmp reaffirmed a “market outperform” rating and set a $315.00 price objective on shares of Amazon.com in a research note on Friday, July 31st. Finally, Oppenheimer reiterated an “outperform” rating on shares of Amazon.com in a report on Friday, July 31st. Fifty-six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, Amazon.com currently has a consensus rating of “Moderate Buy” and a consensus price target of $321.19.

Get Our Latest Report on AMZN Amazon.com Stock Up 0.1% AMZN stock opened at $249.67 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87. The stock has a market capitalization of $2.69 trillion, a P/E ratio of 20.09, a P/E/G ratio of 1.93 and a beta of 1.44. Amazon.com, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $287.20. The business has a 50-day moving average of $256.39 and a 200-day moving average of $246.96.

Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.82 by $3.93. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The business had revenue of $200.61 billion for the quarter, compared to analyst estimates of $197.03 billion. During the same quarter last year, the firm earned $1.68 EPS. Amazon.com’s revenue for the quarter was up 19.6% compared to the same quarter last year. On average, sell-side analysts anticipate that Amazon.com, Inc. will post 8.01 earnings per share for the current fiscal year.

Insider Buying and Selling at Amazon.com In related news, CEO Andrew Jassy sold 20,000 shares of the firm’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $259.01, for a total value of $5,180,200.00. Following the completion of the transaction, the chief executive officer owned 2,235,766 shares of the company’s stock, valued at approximately $579,085,751.66. This trade represents a 0.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas Herrington sold 6,362 shares of Amazon.com stock in a transaction on Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $1,647,821.62. Following the completion of the sale, the chief executive officer owned 476,681 shares in the company, valued at $123,465,145.81. The trade was a 1.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 71,589 shares of company stock valued at $18,568,785 in the last three months. 8.90% of the stock is currently owned by insiders.

Amazon.com News Summary Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: AWS and AI infrastructure remain the central bullish case. Analysts and commentators argue that Amazon’s roughly $200 billion 2026 capital-expenditure plan reflects substantial demand for AWS computing, custom chips and AI capacity. Amazon is also reportedly preparing to receive approximately $2.4 billion in backup-generator orders from Generac in 2027 and 2028, underscoring the scale of its data-center expansion. Amazon AI capital expenditures article Generac data-center orders article Positive Sentiment: Expansion of merchant services could broaden revenue beyond Amazon.com. New tools let sellers manage listings, inventory and orders across channels including Walmart, Shopify, TikTok and eBay. Amazon is also extending Prime delivery and fulfillment services to merchants’ own websites, potentially increasing third-party logistics revenue and seller dependence on its ecosystem. Amazon merchant services article Neutral Sentiment: Anthropic remains strategically important, but its infrastructure is becoming more diversified. Anthropic committed about $11.6 billion to an Akamai CPU agreement, which can be viewed as a setback for AWS. However, Amazon retains a major equity stake and an ongoing AWS relationship, limiting the immediate financial impact. Anthropic Akamai agreement article Negative Sentiment: Investors remain concerned that AI spending may outpace monetization. Goldman Sachs estimates hyperscalers may need roughly $300 billion in additional AI revenue to justify their investments, while Michael Burry and Jefferies’ Chris Wood have warned of leverage, overcapacity and potential write-offs. Those concerns could pressure AMZN’s valuation despite strong AWS demand. Goldman Sachs AI spending article Negative Sentiment: Amazon’s $3 billion India quick-commerce investment adds near-term cost and execution risk while the company attempts to catch rivals with a relatively small market share. The decision to block Meta’s Muse shopping agent also risks diverting AI-driven purchases toward Shopify and other platforms. Amazon India investment article Amazon.com Profile (Free Report)

Amazon.com, Inc is a global technology and e-commerce company that operates online marketplaces and provides a broad range of consumer products and services. Its retail business sells merchandise directly to customers and enables third-party sellers to offer products through Amazon’s websites and applications. The company also operates physical stores and provides services such as digital content, subscriptions, and consumer devices, including Kindle and Echo products.

Amazon Web Services (AWS) provides cloud computing, storage, database, analytics, artificial intelligence, machine learning, and other technology services to businesses, governments, and organizations.

Read More Five stocks we like better than Amazon.com 3 Defense Stocks Riding Nuclear, Missile, and Aerospace Demand SoFi Is Bypassing the Banking Bottleneck With Stablecoin Settlement These 3 Overlooked Stocks Have Big Money Behind Them Darden Restaurants Serves Up Fresh Catalysts for a Stock Price Rally Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).

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Shares of Amazon (AMZN +0.12%) set an all-time closing high of $284.02 on Aug. 3. They got there fast, jumping about 21% over the two trading days after the company posted its second-quarter results.

Since then, the stock has given back most of that jump. At roughly $249 as I write, shares sit about 12% below their record. And the stock's rise of about 8% so far in 2026 now lags the S&P 500 (^GSPC +0.51%), up about 13%.

But Amazon hasn't reported another quarter since that peak. The latest numbers investors have are the same ones that sent the stock to its record in the first place.

I think this makes the drop an opportunity.

Image source: The Motley Fool.

What's changed since August?The biggest new development is a lawsuit. On Aug. 31, the Federal Trade Commission and 22 state attorneys general sued Amazon over its ad auctions. The complaint alleges that Amazon described them as second-price auctions (where the winner pays just above the next-highest bid) but charged Sponsored Products advertisers their own winning bid around 80% of the time by 2024.

Amazon disputes the claims and estimates that its method saved advertisers more than $8 billion from 2021 to 2025.

The lawsuit matters because advertising is growing faster than Amazon overall. Advertising revenue climbed 26% year over year in the second quarter to around $19.8 billion, against 20% growth in total sales. But cases like this can take years to play out, and the complaint doesn't change what the company posted in July.

AWS growth keeps acceleratingThe biggest reason I like Amazon stock is its cloud computing unit, Amazon Web Services (AWS). Showing how much momentum the business has gained, AWS revenue rose 37% year over year in the second quarter to $42.2 billion. That growth rate has climbed every quarter for a year, from 17.5% in the second quarter of 2025 to 20%, then 24%, then 28%, and now 37%. And AWS operating income rose around 64% year over year to $16.6 billion, so the unit's profits grew even faster than its sales.

Notably, the largest jump in the series was in the latest quarter. This suggests the demand for AWS might still be rising.

Much of this demand is already under contract. Amazon's backlog (commitments in customer contracts not yet recognized as revenue, mainly tied to AWS) hit around $496 billion as of June 30, up from about $195 billion a year before.

Anthropic, the company behind the Claude artificial intelligence (AI) models, is one reason. In April, it committed to spend more than $100 billion with AWS over the next 10 years.

Is the spending a reason to wait?Of course, adding all this capacity costs a lot. In the trailing 12 months, Amazon spent around $169 billion on property and equipment (net of proceeds from sales and incentives), up from about $103 billion a year earlier. Amazon attributes this rise mostly to investments in AI. The spending drove free cash flow to an outflow of around $7.6 billion in that period, versus an inflow of about $18.2 billion a year before.

Granted, negative free cash flow can look scary for a business long known for generating cash. But the spending is going to the segment growing fastest, and a big part of the demand for it is already signed.

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The profits keep climbing, too. Amazon's operating income rose 43% year over year in the second quarter to $27.5 billion. And for the third quarter, management forecast operating income of $22.5 billion to $26.5 billion, up from $17.4 billion a year before (a quarter that included about $4.3 billion in special charges).

And the stock's cheaper than it was in August. At around $249, shares trade at about 24 times expected 2027 earnings. With that same earnings estimate, the record price came to about 27 times earnings. Put another way, investors can now pay less for the same second-quarter results that sent the stock to its record.

What would change my mind is AWS itself. If its growth fell back toward the 20% range while spending kept rising, I'd find it harder to justify the cost of the build-out.

For now, I think Amazon stock is worth buying at this price -- maybe gradually, because the spending could keep weighing on cash flow for a while.

North Star Asset Management Inc. bought a new stake in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 223,136 shares of the e-commerce giant’s stock, valued at approximately $53,182,000. Amazon.com accounts for 2.1% of North Star Asset Management Inc.’s investment portfolio, making the stock its 6th biggest holding.

Several other hedge funds also recently made changes to their positions in the company. Auto Owners Insurance Co increased its stake in shares of Amazon.com by 27,376.7% in the 4th quarter. Auto Owners Insurance Co now owns 98,448,885 shares of the e-commerce giant’s stock worth $2,272,397,000 after acquiring an additional 98,090,585 shares in the last quarter. Bank of America Corp DE bought a new position in shares of Amazon.com during the second quarter valued at $22,218,775,000. Bank of New York Mellon Corp purchased a new position in shares of Amazon.com in the 2nd quarter worth about $16,341,405,000. Legal & General Group Plc purchased a new position in shares of Amazon.com in the 2nd quarter worth about $12,831,376,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Amazon.com in the 2nd quarter worth about $6,631,466,000. 72.20% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Amazon.com In other news, CEO Andrew R. Jassy sold 20,000 shares of the firm’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $5,180,200.00. Following the sale, the chief executive officer directly owned 2,235,766 shares in the company, valued at $579,085,751.66. This trade represents a 0.89% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Garman sold 14,541 shares of the business’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.06, for a total value of $3,766,991.46. Following the completion of the transaction, the chief executive officer owned 17,794 shares in the company, valued at $4,609,713.64. The trade was a 44.97% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 71,589 shares of company stock valued at $18,568,785. 8.90% of the stock is currently owned by company insiders.

Amazon.com Trading Up 0.1% NASDAQ:AMZN opened at $249.67 on Friday. Amazon.com, Inc. has a one year low of $196.00 and a one year high of $287.20. The business has a fifty day moving average price of $256.39 and a 200-day moving average price of $246.96. The firm has a market capitalization of $2.69 trillion, a price-to-earnings ratio of 20.09, a price-to-earnings-growth ratio of 1.93 and a beta of 1.44. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87. Amazon.com (NASDAQ:AMZN – Get Free Report) last released its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, beating the consensus estimate of $1.82 by $3.93. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The company had revenue of $200.61 billion for the quarter, compared to the consensus estimate of $197.03 billion. During the same period in the previous year, the business earned $1.68 earnings per share. Amazon.com’s quarterly revenue was up 19.6% compared to the same quarter last year. Sell-side analysts forecast that Amazon.com, Inc. will post 8.01 EPS for the current year.

Wall Street Analysts Forecast Growth A number of research firms have recently commented on AMZN. Mizuho set a $330.00 price target on shares of Amazon.com and gave the company an “outperform” rating in a report on Friday, July 31st. The Goldman Sachs Group reissued a “buy” rating and issued a $375.00 target price (up from $335.00) on shares of Amazon.com in a report on Friday, July 31st. Evercore set a $355.00 price target on Amazon.com and gave the stock an “outperform” rating in a research note on Friday, August 28th. Wolfe Research reiterated an “outperform” rating and issued a $315.00 price objective on shares of Amazon.com in a report on Friday, July 31st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and issued a $325.00 target price (up from $315.00) on shares of Amazon.com in a research report on Friday, July 31st. Fifty-six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, Amazon.com presently has an average rating of “Moderate Buy” and an average price target of $321.19.

View Our Latest Research Report on AMZN

Amazon.com News Roundup Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: AWS and AI infrastructure remain the central bullish case. Analysts and commentators argue that Amazon’s roughly $200 billion 2026 capital-expenditure plan reflects substantial demand for AWS computing, custom chips and AI capacity. Amazon is also reportedly preparing to receive approximately $2.4 billion in backup-generator orders from Generac in 2027 and 2028, underscoring the scale of its data-center expansion. Amazon AI capital expenditures article Generac data-center orders article Positive Sentiment: Expansion of merchant services could broaden revenue beyond Amazon.com. New tools let sellers manage listings, inventory and orders across channels including Walmart, Shopify, TikTok and eBay. Amazon is also extending Prime delivery and fulfillment services to merchants’ own websites, potentially increasing third-party logistics revenue and seller dependence on its ecosystem. Amazon merchant services article Neutral Sentiment: Anthropic remains strategically important, but its infrastructure is becoming more diversified. Anthropic committed about $11.6 billion to an Akamai CPU agreement, which can be viewed as a setback for AWS. However, Amazon retains a major equity stake and an ongoing AWS relationship, limiting the immediate financial impact. Anthropic Akamai agreement article Negative Sentiment: Investors remain concerned that AI spending may outpace monetization. Goldman Sachs estimates hyperscalers may need roughly $300 billion in additional AI revenue to justify their investments, while Michael Burry and Jefferies’ Chris Wood have warned of leverage, overcapacity and potential write-offs. Those concerns could pressure AMZN’s valuation despite strong AWS demand. Goldman Sachs AI spending article Negative Sentiment: Amazon’s $3 billion India quick-commerce investment adds near-term cost and execution risk while the company attempts to catch rivals with a relatively small market share. The decision to block Meta’s Muse shopping agent also risks diverting AI-driven purchases toward Shopify and other platforms. Amazon India investment article About Amazon.com (Free Report)

Amazon.com, Inc is a global technology and e-commerce company that operates online marketplaces and provides a broad range of consumer products and services. Its retail business sells merchandise directly to customers and enables third-party sellers to offer products through Amazon’s websites and applications. The company also operates physical stores and provides services such as digital content, subscriptions, and consumer devices, including Kindle and Echo products.

Amazon Web Services (AWS) provides cloud computing, storage, database, analytics, artificial intelligence, machine learning, and other technology services to businesses, governments, and organizations.

Read More Five stocks we like better than Amazon.com 3 Defense Stocks Riding Nuclear, Missile, and Aerospace Demand SoFi Is Bypassing the Banking Bottleneck With Stablecoin Settlement These 3 Overlooked Stocks Have Big Money Behind Them Darden Restaurants Serves Up Fresh Catalysts for a Stock Price Rally

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Papamarkou Wellner Asset Management inc. purchased a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 35,621 shares of the e-commerce giant’s stock, valued at approximately $7,422,000. Amazon.com makes up about 1.6% of Papamarkou Wellner Asset Management inc.’s holdings, making the stock its 6th biggest position.

A number of other hedge funds have also modified their holdings of the stock. Silvant Capital Management LLC acquired a new stake in shares of Amazon.com during the 2nd quarter valued at about $60,065,000. Northstar Financial Companies Inc. acquired a new stake in shares of Amazon.com in the 2nd quarter valued at $3,376,000. Gryphon Financial Partners LLC raised its stake in shares of Amazon.com by 7.5% during the first quarter. Gryphon Financial Partners LLC now owns 73,085 shares of the e-commerce giant’s stock worth $15,221,000 after buying an additional 5,125 shares during the last quarter. First Citizens Bank & Trust Co. boosted its stake in Amazon.com by 1.7% during the 1st quarter. First Citizens Bank & Trust Co. now owns 303,862 shares of the e-commerce giant’s stock worth $63,285,000 after acquiring an additional 5,104 shares during the last quarter. Finally, GSA Capital Partners LLP acquired a new stake in shares of Amazon.com during the second quarter worth about $2,261,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Amazon.com In other news, CEO Andrew R. Jassy sold 20,000 shares of the stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $259.01, for a total transaction of $5,180,200.00. Following the completion of the sale, the chief executive officer owned 2,235,766 shares of the company’s stock, valued at approximately $579,085,751.66. This represents a 0.89% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $254.77, for a total value of $254,770.00. Following the transaction, the chief executive officer owned 475,681 shares of the company’s stock, valued at approximately $121,189,248.37. This represents a 0.21% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 71,589 shares of company stock valued at $18,568,785. Company insiders own 8.90% of the company’s stock.

Analyst Upgrades and Downgrades Several brokerages have recently weighed in on AMZN. The Goldman Sachs Group reaffirmed a “buy” rating and set a $375.00 price target (up from $335.00) on shares of Amazon.com in a research note on Friday, July 31st. Citigroup reissued a “market outperform” rating on shares of Amazon.com in a research report on Friday, August 14th. Phillip Securities downgraded Amazon.com from a “strong-buy” rating to a “moderate buy” rating in a report on Monday, August 3rd. Wells Fargo & Company reaffirmed an “overweight” rating and set a $338.00 price objective (up from $328.00) on shares of Amazon.com in a research report on Thursday, September 3rd. Finally, Pivotal Research reiterated a “buy” rating and issued a $333.00 price objective (up from $320.00) on shares of Amazon.com in a report on Friday, July 31st. Fifty-six analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $321.19. Get Our Latest Report on Amazon.com

Amazon.com Stock Up 0.1% Shares of NASDAQ AMZN opened at $249.67 on Friday. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23. The firm has a market cap of $2.69 trillion, a PE ratio of 20.09, a P/E/G ratio of 1.93 and a beta of 1.44. The company’s fifty day simple moving average is $256.39 and its 200 day simple moving average is $246.96. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $287.20.

Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.82 by $3.93. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The firm had revenue of $200.61 billion for the quarter, compared to the consensus estimate of $197.03 billion. During the same period in the previous year, the firm earned $1.68 EPS. The business’s revenue for the quarter was up 19.6% compared to the same quarter last year. As a group, sell-side analysts forecast that Amazon.com, Inc. will post 8.01 earnings per share for the current fiscal year.

Key Amazon.com News Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: AWS and AI infrastructure remain the central bullish case. Analysts and commentators argue that Amazon’s roughly $200 billion 2026 capital-expenditure plan reflects substantial demand for AWS computing, custom chips and AI capacity. Amazon is also reportedly preparing to receive approximately $2.4 billion in backup-generator orders from Generac in 2027 and 2028, underscoring the scale of its data-center expansion. Amazon AI capital expenditures article Generac data-center orders article Positive Sentiment: Expansion of merchant services could broaden revenue beyond Amazon.com. New tools let sellers manage listings, inventory and orders across channels including Walmart, Shopify, TikTok and eBay. Amazon is also extending Prime delivery and fulfillment services to merchants’ own websites, potentially increasing third-party logistics revenue and seller dependence on its ecosystem. Amazon merchant services article Neutral Sentiment: Anthropic remains strategically important, but its infrastructure is becoming more diversified. Anthropic committed about $11.6 billion to an Akamai CPU agreement, which can be viewed as a setback for AWS. However, Amazon retains a major equity stake and an ongoing AWS relationship, limiting the immediate financial impact. Anthropic Akamai agreement article Negative Sentiment: Investors remain concerned that AI spending may outpace monetization. Goldman Sachs estimates hyperscalers may need roughly $300 billion in additional AI revenue to justify their investments, while Michael Burry and Jefferies’ Chris Wood have warned of leverage, overcapacity and potential write-offs. Those concerns could pressure AMZN’s valuation despite strong AWS demand. Goldman Sachs AI spending article Negative Sentiment: Amazon’s $3 billion India quick-commerce investment adds near-term cost and execution risk while the company attempts to catch rivals with a relatively small market share. The decision to block Meta’s Muse shopping agent also risks diverting AI-driven purchases toward Shopify and other platforms. Amazon India investment article Amazon.com Company Profile (Free Report)

Amazon.com, Inc is a global technology and e-commerce company that operates online marketplaces and provides a broad range of consumer products and services. Its retail business sells merchandise directly to customers and enables third-party sellers to offer products through Amazon’s websites and applications. The company also operates physical stores and provides services such as digital content, subscriptions, and consumer devices, including Kindle and Echo products.

Amazon Web Services (AWS) provides cloud computing, storage, database, analytics, artificial intelligence, machine learning, and other technology services to businesses, governments, and organizations.

Read More Five stocks we like better than Amazon.com Costco Ends Its Fiscal Year on a High Note, Eyes Big Expansion Cracker Barrel Stock Is Rallying Again, But the Turnaround Still Has a Traffic Problem Oracle’s Force Majeure Notice Exposes a Bigger Problem for the AI Build-Out Oil May Be Stronger Than It Looks—And Diamondback Is on Sale

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Best Buy Today

$90.54 -0.46 (-0.51%)

As of 09/25/2026 03:59 PM Eastern

This is a fair market value price provided by Massive. Learn more.

$55.10▼

$96.534.24%

15.06

$85.40

Investors seeking hidden margin expansion often overlook traditional retail operations. However, value-focused investors might consider Best Buy Co., Inc. NYSE: BBY, as it is actively shifting its operating model from a low-margin hardware distributor to a high-margin digital advertising platform.

An expanded programmatic television agreement with Amazon.com, Inc. NASDAQ: AMZN serves as the primary catalyst for this structural evolution. With Best Buy's in-house media network approaching an estimated $1 billion annual revenue run rate and an upcoming leadership change designed to accelerate this hybrid strategy, the market may be mispricing the underlying profitability potential.

Get Best Buy alerts:

Understanding how connected television advertisements alter the fundamental math for a physical retailer reveals a compelling case for multiple expansion. Integrating digital advertising into physical retail changes the valuation framework for this specialty retailer, paving the way for a redefined fundamental outlook.

Best Buy Broadcasts a New Business ModelThe traditional model of buying electronics wholesale and selling them at retail leaves little margin for error. Best Buy is changing that equation through its expanded multi-year Fire TV partnership with Amazon. This agreement integrates Best Buy Ads and Amazon’s programmatic advertising technology directly across Insignia television hardware. Starting around February 2027, the retailer will capture captive, connected television advertising revenue long after the customer leaves the physical store.

This setup turns a one-time hardware transaction into a recurring revenue stream. In a digital advertising landscape where third-party cookies are depreciating, the first-party shopper data Best Buy collects daily is highly valuable to consumer brands.

Advertisers will pay a premium to target consumers based on verified purchase history rather than inferred browsing habits, putting Best Buy in a strong position to monetize its customer base without adding inventory risk. By transforming the physical living room into an extension of the retail floor, the retailer creates a closed-loop ecosystem that benefits both the consumer and the advertiser.

Upgrading the Financial PictureTo appreciate the impact of this media deal, investors need to look at the underlying margin structure. Consumer electronics retail is structurally tight. Best Buy operates with a net margin hovering around 3.01%, which is standard for the industry, given the high costs of inventory management, logistics, and physical store operations. Retail media networks function more like software businesses, generally carrying profit margins between approximately 70% and 90%.

Best Buy Ads has already generated about $900 million in fiscal year 2026. Management projects 10% growth in fiscal 2027, pushing the ad network close to a $1 billion revenue run rate. Layering nearly a billion dollars of high-margin revenue on top of a commoditized retail base shifts the bottom line. Because digital advertising inventory carries minimal variable costs, the revenue generated from the Amazon Fire TV integration will flow directly to net income.

This media overlay requires a stable retail foundation to function, and recent financials indicate the core business is holding its ground. In the second quarter of fiscal year 2027, Best Buy reported earnings per share of about $1.47, beating consensus estimates by roughly 8 cents. Enterprise comparable sales grew about 4.1%, surpassing the Street's 1% expectation. This top-line stabilization gave management the confidence to raise full-year fiscal 2027 guidance, ensuring the physical footprint remains viable while the digital ad business scales.

A New CEO Navigates Hardware PressuresStrategic transitions require aligned leadership. As of Nov. 1, 2026, Jason Bonfig will step in as CEO, replacing Corie Barry. Bonfig played a central role in building out both the retail media network and newer small-store formats. His appointment signals a clear board mandate to prioritize data monetization and physical footprint efficiency over sheer square footage.

This strategic pivot comes out of necessity amid ongoing macroeconomic pressure in the hardware sector. The core computing category faces challenges from rising memory chip costs. These higher component costs are pushing average selling prices up, which in turn suppresses overall computing unit volumes.

When fewer laptops and desktops move across the checkout counter, finding alternative profit centers becomes essential. The zero-inventory ad revenue generated by the media network provides a necessary financial hedge against these cyclical hardware headwinds. Navigating these economic conditions requires a leadership team that understands the interplay between physical merchandise and digital monetization.

Static on the Screen: Decoding the Valuation Disconnect80th Percentile

Hold

5.7% Downside

Bearish

Strong

1.06 Selling Shares

6.89%

See Full Analysis

Despite improving fundamentals and the media network catalyst, Wall Street remains hesitant. The current analyst consensus maintains a Hold rating, with an average price target sitting near $85.40. This implies downside from recent trading levels, suggesting the market has not fully priced in the margin-expansion potential of the Amazon partnership.

Internal conviction also paints a cautious picture. Chairman Richard Schulze sold about 300,000 shares in mid-September, bringing his total sales to 800,000 shares sold since June. This heavy insider sales volume has pushed aggregate insider trading sentiment firmly into bearish territory. Heavy insider selling near a 52-week high often signals that management sees limited near-term upside, directly challenging the bullish thesis.

The underlying valuation offers a noticeable margin of safety for patient capital. Best Buy trades at a forward price-to-earnings ratio of roughly 13.31, offering a value-oriented entry point for a retailer generating an efficient 48.14% return on equity. Investors are also compensated while they wait for the media network thesis to play out, supported by a reliable 4.21% dividend yield with a 22-year track record of increases.

Why Value Investors Should Keep WatchingThe transition from a pure electronics retailer to a hybrid media platform requires careful execution. The integration of Amazon’s Fire TV ecosystem provides a clear path for Best Buy to extract software-like margins from physical hardware sales.

While insider selling and cautious analyst targets present valid near-term risks, the core business is stabilizing, and the ad revenue is approaching a significant milestone. Value-focused investors might monitor the stock as the November leadership transition approaches, watching whether growing digital ad cash flows begin to force upward revisions in earnings models.

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Brasada Capital Management LP bought a new position in Amazon.com, Inc. (NASDAQ:AMZN) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 64,191 shares of the e-commerce giant’s stock, valued at approximately $15,299,000. Amazon.com comprises about 0.0% of Brasada Capital Management LP’s investment portfolio, making the stock its 29th biggest holding.

A number of other hedge funds have also made changes to their positions in AMZN. Silvant Capital Management LLC acquired a new position in shares of Amazon.com during the 2nd quarter worth about $60,065,000. Northstar Financial Companies Inc. acquired a new stake in shares of Amazon.com in the 2nd quarter valued at approximately $3,376,000. Gryphon Financial Partners LLC raised its position in shares of Amazon.com by 7.5% in the 1st quarter. Gryphon Financial Partners LLC now owns 73,085 shares of the e-commerce giant’s stock valued at $15,221,000 after acquiring an additional 5,125 shares during the period. First Citizens Bank & Trust Co. boosted its stake in Amazon.com by 1.7% during the 1st quarter. First Citizens Bank & Trust Co. now owns 303,862 shares of the e-commerce giant’s stock worth $63,285,000 after acquiring an additional 5,104 shares during the last quarter. Finally, GSA Capital Partners LLP bought a new position in Amazon.com during the 2nd quarter worth approximately $2,261,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Upgrades and Downgrades A number of equities analysts have recently weighed in on AMZN shares. TD Cowen reissued a “buy” rating and set a $350.00 price target (up from $340.00) on shares of Amazon.com in a research report on Friday, July 31st. Pivotal Research reiterated a “buy” rating and set a $333.00 target price (up from $320.00) on shares of Amazon.com in a report on Friday, July 31st. Mizuho set a $330.00 target price on Amazon.com and gave the company an “outperform” rating in a research note on Friday, July 31st. Weiss Ratings restated a “buy (b)” rating on shares of Amazon.com in a report on Monday, August 3rd. Finally, Evercore set a $355.00 price objective on Amazon.com and gave the company an “outperform” rating in a report on Friday, August 28th. Fifty-six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Amazon.com currently has an average rating of “Moderate Buy” and an average target price of $321.19.

Check Out Our Latest Research Report on AMZN Amazon.com Price Performance NASDAQ:AMZN opened at $249.67 on Friday. The stock has a market capitalization of $2.69 trillion, a PE ratio of 20.09, a P/E/G ratio of 1.93 and a beta of 1.44. Amazon.com, Inc. has a 1-year low of $196.00 and a 1-year high of $287.20. The firm has a fifty day simple moving average of $256.39 and a 200 day simple moving average of $246.96. The company has a current ratio of 1.03, a quick ratio of 0.87 and a debt-to-equity ratio of 0.23.

Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.82 by $3.93. The business had revenue of $200.61 billion during the quarter, compared to the consensus estimate of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. Amazon.com’s revenue was up 19.6% on a year-over-year basis. During the same period last year, the business posted $1.68 EPS. On average, research analysts expect that Amazon.com, Inc. will post 8.01 EPS for the current fiscal year.

Insider Buying and Selling at Amazon.com In related news, CEO Douglas Herrington sold 6,362 shares of the business’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $259.01, for a total transaction of $1,647,821.62. Following the transaction, the chief executive officer directly owned 476,681 shares of the company’s stock, valued at approximately $123,465,145.81. The trade was a 1.32% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 14,541 shares of the firm’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $259.06, for a total value of $3,766,991.46. Following the sale, the chief executive officer directly owned 17,794 shares of the company’s stock, valued at $4,609,713.64. This represents a 44.97% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 71,589 shares of company stock worth $18,568,785 in the last three months. 8.90% of the stock is owned by insiders.

Key Headlines Impacting Amazon.com Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: AWS and AI infrastructure remain the central bullish case. Analysts and commentators argue that Amazon’s roughly $200 billion 2026 capital-expenditure plan reflects substantial demand for AWS computing, custom chips and AI capacity. Amazon is also reportedly preparing to receive approximately $2.4 billion in backup-generator orders from Generac in 2027 and 2028, underscoring the scale of its data-center expansion. Amazon AI capital expenditures article Generac data-center orders article Positive Sentiment: Expansion of merchant services could broaden revenue beyond Amazon.com. New tools let sellers manage listings, inventory and orders across channels including Walmart, Shopify, TikTok and eBay. Amazon is also extending Prime delivery and fulfillment services to merchants’ own websites, potentially increasing third-party logistics revenue and seller dependence on its ecosystem. Amazon merchant services article Neutral Sentiment: Anthropic remains strategically important, but its infrastructure is becoming more diversified. Anthropic committed about $11.6 billion to an Akamai CPU agreement, which can be viewed as a setback for AWS. However, Amazon retains a major equity stake and an ongoing AWS relationship, limiting the immediate financial impact. Anthropic Akamai agreement article Negative Sentiment: Investors remain concerned that AI spending may outpace monetization. Goldman Sachs estimates hyperscalers may need roughly $300 billion in additional AI revenue to justify their investments, while Michael Burry and Jefferies’ Chris Wood have warned of leverage, overcapacity and potential write-offs. Those concerns could pressure AMZN’s valuation despite strong AWS demand. Goldman Sachs AI spending article Negative Sentiment: Amazon’s $3 billion India quick-commerce investment adds near-term cost and execution risk while the company attempts to catch rivals with a relatively small market share. The decision to block Meta’s Muse shopping agent also risks diverting AI-driven purchases toward Shopify and other platforms. Amazon India investment article About Amazon.com (Free Report)

Amazon.com, Inc is a global technology and e-commerce company that operates online marketplaces and provides a broad range of consumer products and services. Its retail business sells merchandise directly to customers and enables third-party sellers to offer products through Amazon’s websites and applications. The company also operates physical stores and provides services such as digital content, subscriptions, and consumer devices, including Kindle and Echo products.

Amazon Web Services (AWS) provides cloud computing, storage, database, analytics, artificial intelligence, machine learning, and other technology services to businesses, governments, and organizations.

Further Reading Five stocks we like better than Amazon.com Costco Ends Its Fiscal Year on a High Note, Eyes Big Expansion Cracker Barrel Stock Is Rallying Again, But the Turnaround Still Has a Traffic Problem Oracle’s Force Majeure Notice Exposes a Bigger Problem for the AI Build-Out Oil May Be Stronger Than It Looks—And Diamondback Is on Sale Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).

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Andy Jassy just committed roughly $200 billion in capital expenditures for 2026, and the logic behind that number reveals something most investors are missing about where AWS demand is actually coming from.

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I keep hitting the buy button on Amazon (NASDAQ:AMZN | AMZN Price Prediction) because Amazon would not be unleashing the AI capex it is unleashing if there was a reasonable chance it was going to fail. That is the whole thesis in one sentence. When a management team with a two-decade record of long-duration bets tells shareholders it plans to spend about $200 billion in capital expenditures across 2026, that reflects a company reading its own order book and building against it.

What the Order Book Actually Says The order book is the part I cannot ignore. AWS backlog sat at $496 billion, growing triple digits year over year, on a segment already running at a $169 billion annualized revenue run rate. Andy Jassy told investors the lion’s share of AWS capacity planned for 2027 is largely reserved, with “quite a bit of capacity” already reserved for 2028. Customers are pre-committing years of demand. Amazon is pouring concrete against contracts.

The economics of that concrete are what convince me to keep adding. Jassy walked through it plainly: data centers have 30-plus year useful lives, servers break even in a little less than three years and then run for at least five to six years, with most AI capacity contracted for at least five-year terms. That is a compounding annuity dressed up as a capex line.

Numbers That Earned My Conviction Q2 FY2026 gave me three receipts. AWS grew 37% year over year, the fastest AWS growth in 18 quarters, at a 39.4% operating margin. Operating income across the company rose 43% year over year to $27.46 billion. And the AI and custom chip businesses each cleared a run rate of more than $25 billion, both growing at triple-digit rates. Trainium2 is fully subscribed, and Anthropic committed up to 5 GW while OpenAI committed about 2 GW starting 2027. Balance sheet strength backs the build: debt/equity of 0.37, net debt/EBITDA of 0.45, interest coverage of 35.17.

Why AMZN Instead of the Other Two Hyperscalers The reader reaches for Microsoft (NASDAQ:MSFT) or Alphabet (NASDAQ:GOOGL). I own the cloud franchise with the fastest listed acceleration and a P/E of 35 attached to a business Jassy believes could be a trillion-dollar annual revenue business for us in time. Amazon also owns something the other two do not: a vertically integrated chip stack where Graviton is used by 98% of Amazon’s top 1,000 EC2 customers and management is actively exploring selling Trainium chips separately from AWS cloud services. That is optionality I am not paying for.

Risk I Refuse to Wave Away Free cash flow already turned negative at -$7.6 billion TTM, with Q2 capex of $54.21 billion, up 68.4% YoY. If demand cracks, that spend becomes a stranded asset problem. I sit with that risk because the contracted backlog, five-year customer terms, and 30-year data-center life all say the demand is already booked. Jassy’s own words: “We’re enthusiastic about the ROIC equation, even with heavy CapEx the next few years.”

Why the Buy Button Stays Active Jassy says 85% of global IT spend is still on-premises and that equation flips over the next 10 to 20 years. My retirement horizon is exactly that long, and I plan to own the company pouring the foundation while everyone else argues about the paint.

Contact [email protected] for any questions or corrections.

Pure Financial Advisors LLC bought a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 120,184 shares of the e-commerce giant’s stock, valued at approximately $28,645,000. Amazon.com makes up 0.4% of Pure Financial Advisors LLC’s holdings, making the stock its 23rd biggest holding.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AMZN. Auto Owners Insurance Co grew its holdings in shares of Amazon.com by 27,376.7% during the 4th quarter. Auto Owners Insurance Co now owns 98,448,885 shares of the e-commerce giant’s stock worth $2,272,397,000 after purchasing an additional 98,090,585 shares in the last quarter. Bank of America Corp DE acquired a new position in shares of Amazon.com in the second quarter valued at $22,218,775,000. Bank of New York Mellon Corp bought a new position in Amazon.com in the second quarter worth $16,341,405,000. Legal & General Group Plc acquired a new stake in Amazon.com during the second quarter worth $12,831,376,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Amazon.com in the 2nd quarter valued at $6,631,466,000. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Trading Up 0.0% Shares of Amazon.com stock opened at $249.38 on Friday. The stock has a market capitalization of $2.69 trillion, a P/E ratio of 20.06, a price-to-earnings-growth ratio of 1.98 and a beta of 1.44. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23. The company has a 50-day simple moving average of $256.34 and a 200 day simple moving average of $246.95. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $287.20.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, beating analysts’ consensus estimates of $1.82 by $3.93. The firm had revenue of $200.61 billion for the quarter, compared to analyst estimates of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The company’s revenue for the quarter was up 19.6% compared to the same quarter last year. During the same period in the previous year, the business earned $1.68 earnings per share. Research analysts expect that Amazon.com, Inc. will post 8.01 earnings per share for the current fiscal year. Analyst Upgrades and Downgrades A number of research firms have recently commented on AMZN. Robert W. Baird set a $310.00 price objective on shares of Amazon.com and gave the stock an “outperform” rating in a report on Friday, July 31st. KeyCorp increased their price target on shares of Amazon.com from $335.00 to $350.00 and gave the stock an “overweight” rating in a research report on Friday, July 31st. Citizens Jmp restated a “market outperform” rating and set a $315.00 price target on shares of Amazon.com in a research note on Friday, July 31st. BMO Capital Markets reaffirmed an “outperform” rating and set a $360.00 price objective (up from $355.00) on shares of Amazon.com in a report on Tuesday, July 28th. Finally, Truist Financial lifted their price objective on Amazon.com from $320.00 to $350.00 and gave the company a “buy” rating in a report on Friday, July 31st. Fifty-six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $321.19.

View Our Latest Stock Analysis on AMZN

Key Amazon.com News Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: Amazon announced a plan to invest approximately $3 billion in India’s quick-commerce market through 2030, expanding its Amazon Now delivery network. The investment could strengthen Amazon’s position in a rapidly growing market, although its current share is only about 6.2%. Amazon bets $3 billion on India’s fast-delivery boom Positive Sentiment: New Amazon Supply Chain Services offerings let merchants add fast, free Prime delivery to their own websites and manage orders from Walmart, Shopify, eBay and TikTok through Seller Central. The initiative could expand fulfillment revenue and make Amazon’s logistics infrastructure more valuable outside its marketplace. Amazon Lets Merchants Add Free Prime Delivery to Their Own Websites Positive Sentiment: Analyst commentary remains constructive on Amazon Web Services, custom chips and agentic AI. Reports cite a roughly $496 billion AWS backlog and expanding AI tools for third-party sellers, advertising and cloud customers, supporting the long-term earnings-growth case. Positive Sentiment: Amazon is investing more than $100 million in an Indiana robotics manufacturing facility expected to create 300 jobs. The plant should increase internal automation capacity and could eventually support efficiency gains across the fulfillment network. Amazon to Expand Robot-Making Capacity With New Indiana Hub Neutral Sentiment: Amazon is allowing Anthropic’s Claude to access seller data while blocking Meta’s Muse shopping agent. The decision protects control over customer and marketplace data, but it could encourage rivals such as Shopify and Walmart to build more open agentic-commerce ecosystems. Amazon Opens Seller Data to Claude Days After Blocking Meta’s Muse Negative Sentiment: The India expansion and Indiana robotics project increase near-term capital spending, contributing to investor concerns about cash-flow pressure and the timing of returns. Amazon’s stock has also been technically testing support near its key moving averages. Negative Sentiment: A proposed nationwide class-action lawsuit alleges systematic discrimination against pregnant warehouse employees. Additional workforce litigation could increase legal costs, regulatory scrutiny and reputational risk. Amazon Faces Another Worker Lawsuit Negative Sentiment: Rising Treasury yields and broader weakness in technology stocks are creating valuation headwinds for AMZN, while concerns about heavy AI spending and uncertain monetization remain a near-term overhang. Insider Activity at Amazon.com In other news, CEO Andrew Jassy sold 20,000 shares of Amazon.com stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $259.01, for a total value of $5,180,200.00. Following the completion of the transaction, the chief executive officer owned 2,235,766 shares in the company, valued at approximately $579,085,751.66. The trade was a 0.89% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 14,541 shares of the business’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $259.06, for a total value of $3,766,991.46. Following the completion of the transaction, the chief executive officer directly owned 17,794 shares in the company, valued at $4,609,713.64. The trade was a 44.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 71,589 shares of company stock valued at $18,568,785. Insiders own 8.90% of the company’s stock.

Amazon.com Profile (Free Report)

Amazon.com, Inc is a global technology and e-commerce company that operates online marketplaces and provides a broad range of consumer products and services. Its retail business sells merchandise directly to customers and enables third-party sellers to offer products through Amazon’s websites and applications. The company also operates physical stores and provides services such as digital content, subscriptions, and consumer devices, including Kindle and Echo products.

Amazon Web Services (AWS) provides cloud computing, storage, database, analytics, artificial intelligence, machine learning, and other technology services to businesses, governments, and organizations.

Further Reading Five stocks we like better than Amazon.com Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks Paychex Plunges, Providing the Entry Investors Have Been Waiting For The Case for Buying High-Yield General Mills Just Strengthened SanDisk’s $1,800 Breakout Turns Memory Hardware Into a Profit Story

Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.

Point Break Capital Management LLC purchased a new stake in Amazon.com, Inc. (NASDAQ:AMZN) in the 2nd quarter, according to its most recent filing with the SEC. The fund purchased 32,607 shares of the e-commerce giant’s stock, valued at approximately $7,772,000. Amazon.com comprises about 8.5% of Point Break Capital Management LLC’s portfolio, making the stock its 5th largest position.

A number of other large investors also recently made changes to their positions in the business. Auto Owners Insurance Co lifted its position in Amazon.com by 27,376.7% during the fourth quarter. Auto Owners Insurance Co now owns 98,448,885 shares of the e-commerce giant’s stock worth $2,272,397,000 after buying an additional 98,090,585 shares during the period. Bank of America Corp DE purchased a new stake in Amazon.com in the 2nd quarter valued at about $22,218,775,000. Bank of New York Mellon Corp purchased a new stake in Amazon.com in the 2nd quarter valued at about $16,341,405,000. Legal & General Group Plc acquired a new position in shares of Amazon.com during the 2nd quarter valued at about $12,831,376,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Amazon.com during the 2nd quarter valued at about $6,631,466,000. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Key Amazon.com News Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: Amazon announced a plan to invest approximately $3 billion in India’s quick-commerce market through 2030, expanding its Amazon Now delivery network. The investment could strengthen Amazon’s position in a rapidly growing market, although its current share is only about 6.2%. Amazon bets $3 billion on India’s fast-delivery boom Positive Sentiment: New Amazon Supply Chain Services offerings let merchants add fast, free Prime delivery to their own websites and manage orders from Walmart, Shopify, eBay and TikTok through Seller Central. The initiative could expand fulfillment revenue and make Amazon’s logistics infrastructure more valuable outside its marketplace. Amazon Lets Merchants Add Free Prime Delivery to Their Own Websites Positive Sentiment: Analyst commentary remains constructive on Amazon Web Services, custom chips and agentic AI. Reports cite a roughly $496 billion AWS backlog and expanding AI tools for third-party sellers, advertising and cloud customers, supporting the long-term earnings-growth case. Positive Sentiment: Amazon is investing more than $100 million in an Indiana robotics manufacturing facility expected to create 300 jobs. The plant should increase internal automation capacity and could eventually support efficiency gains across the fulfillment network. Amazon to Expand Robot-Making Capacity With New Indiana Hub Neutral Sentiment: Amazon is allowing Anthropic’s Claude to access seller data while blocking Meta’s Muse shopping agent. The decision protects control over customer and marketplace data, but it could encourage rivals such as Shopify and Walmart to build more open agentic-commerce ecosystems. Amazon Opens Seller Data to Claude Days After Blocking Meta’s Muse Negative Sentiment: The India expansion and Indiana robotics project increase near-term capital spending, contributing to investor concerns about cash-flow pressure and the timing of returns. Amazon’s stock has also been technically testing support near its key moving averages. Negative Sentiment: A proposed nationwide class-action lawsuit alleges systematic discrimination against pregnant warehouse employees. Additional workforce litigation could increase legal costs, regulatory scrutiny and reputational risk. Amazon Faces Another Worker Lawsuit Negative Sentiment: Rising Treasury yields and broader weakness in technology stocks are creating valuation headwinds for AMZN, while concerns about heavy AI spending and uncertain monetization remain a near-term overhang. Wall Street Analysts Forecast Growth AMZN has been the topic of several recent analyst reports. Truist Financial increased their price objective on shares of Amazon.com from $320.00 to $350.00 and gave the stock a “buy” rating in a report on Friday, July 31st. Piper Sandler reaffirmed an “overweight” rating and set a $320.00 price target (up from $315.00) on shares of Amazon.com in a research report on Friday, July 31st. Mizuho set a $330.00 price target on shares of Amazon.com and gave the stock an “outperform” rating in a research note on Friday, July 31st. Wedbush increased their price target on shares of Amazon.com from $293.00 to $310.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Finally, Robert W. Baird set a $310.00 price target on shares of Amazon.com and gave the company an “outperform” rating in a report on Friday, July 31st. Fifty-six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Amazon.com presently has a consensus rating of “Moderate Buy” and an average price target of $321.19. Read Our Latest Report on Amazon.com

Insider Buying and Selling In related news, CEO Matthew Garman sold 14,541 shares of the company’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the completion of the sale, the chief executive officer directly owned 17,794 shares of the company’s stock, valued at approximately $4,609,713.64. This represents a 44.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 1,000 shares of the company’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $254.77, for a total transaction of $254,770.00. Following the sale, the chief executive officer directly owned 475,681 shares of the company’s stock, valued at approximately $121,189,248.37. This trade represents a 0.21% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 71,589 shares of company stock valued at $18,568,785. 8.90% of the stock is owned by corporate insiders.

Amazon.com Stock Up 0.0% AMZN opened at $249.38 on Friday. The firm has a 50 day moving average price of $256.34 and a 200 day moving average price of $246.95. The company has a market cap of $2.69 trillion, a PE ratio of 20.06, a price-to-earnings-growth ratio of 1.98 and a beta of 1.44. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $287.20. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03.

Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, beating the consensus estimate of $1.82 by $3.93. The firm had revenue of $200.61 billion for the quarter, compared to analyst estimates of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. Amazon.com’s revenue for the quarter was up 19.6% compared to the same quarter last year. During the same quarter last year, the firm posted $1.68 earnings per share. Sell-side analysts expect that Amazon.com, Inc. will post 8.01 earnings per share for the current year.

Amazon.com Company Profile (Free Report)

Amazon.com, Inc is a global technology and e-commerce company that operates online marketplaces and provides a broad range of consumer products and services. Its retail business sells merchandise directly to customers and enables third-party sellers to offer products through Amazon’s websites and applications. The company also operates physical stores and provides services such as digital content, subscriptions, and consumer devices, including Kindle and Echo products.

Amazon Web Services (AWS) provides cloud computing, storage, database, analytics, artificial intelligence, machine learning, and other technology services to businesses, governments, and organizations.

Featured Articles Five stocks we like better than Amazon.com Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks Paychex Plunges, Providing the Entry Investors Have Been Waiting For The Case for Buying High-Yield General Mills Just Strengthened SanDisk’s $1,800 Breakout Turns Memory Hardware Into a Profit Story Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).

Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.

PointState Capital LP bought a new stake in Amazon.com, Inc. (NASDAQ:AMZN) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 1,423,550 shares of the e-commerce giant’s stock, valued at approximately $339,289,000. Amazon.com accounts for approximately 4.3% of PointState Capital LP’s investment portfolio, making the stock its 3rd largest position.

Several other large investors have also recently added to or reduced their stakes in AMZN. Bard Associates Inc. purchased a new stake in shares of Amazon.com during the 2nd quarter worth about $32,000. Longfellow Investment Management Co. LLC bought a new position in Amazon.com during the second quarter valued at about $33,000. Lifetime Wealth Management P.C. acquired a new stake in shares of Amazon.com in the fourth quarter worth about $45,000. Prudent Man Investment Management Inc. boosted its stake in shares of Amazon.com by 87.7% during the 4th quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant’s stock worth $53,000 after acquiring an additional 107 shares in the last quarter. Finally, Strategic Wealth Advisors LLC acquired a new position in shares of Amazon.com during the 4th quarter valued at about $68,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insiders Place Their Bets In related news, SVP David Zapolsky sold 9,258 shares of the firm’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $259.77, for a total value of $2,404,950.66. Following the completion of the transaction, the senior vice president directly owned 41,190 shares of the company’s stock, valued at $10,699,926.30. This trade represents a 18.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 14,541 shares of Amazon.com stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the sale, the chief executive officer owned 17,794 shares in the company, valued at $4,609,713.64. This represents a 44.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 71,589 shares of company stock valued at $18,568,785 in the last ninety days. 8.90% of the stock is currently owned by insiders.

Amazon.com Trading Up 0.0% Shares of AMZN opened at $249.38 on Friday. The stock’s 50-day moving average price is $256.34 and its 200 day moving average price is $246.95. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $2.69 trillion, a price-to-earnings ratio of 20.06, a P/E/G ratio of 1.98 and a beta of 1.44. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $287.20. Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, topping analysts’ consensus estimates of $1.82 by $3.93. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The company had revenue of $200.61 billion during the quarter, compared to the consensus estimate of $197.03 billion. During the same quarter last year, the company earned $1.68 EPS. The company’s quarterly revenue was up 19.6% on a year-over-year basis. As a group, research analysts predict that Amazon.com, Inc. will post 8.01 earnings per share for the current year.

Wall Street Analyst Weigh In AMZN has been the subject of a number of recent analyst reports. Royal Bank Of Canada upped their target price on Amazon.com from $320.00 to $330.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. Phillip Securities cut shares of Amazon.com from a “strong-buy” rating to a “moderate buy” rating in a research note on Monday, August 3rd. Telsey Advisory Group set a $335.00 price objective on shares of Amazon.com and gave the stock an “outperform” rating in a report on Friday, July 31st. Evercore set a $355.00 target price on shares of Amazon.com and gave the stock an “outperform” rating in a report on Friday, August 28th. Finally, Wedbush raised their price target on Amazon.com from $293.00 to $310.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Fifty-six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $321.19.

Check Out Our Latest Report on Amazon.com

More Amazon.com News Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: Amazon announced a plan to invest approximately $3 billion in India’s quick-commerce market through 2030, expanding its Amazon Now delivery network. The investment could strengthen Amazon’s position in a rapidly growing market, although its current share is only about 6.2%. Amazon bets $3 billion on India’s fast-delivery boom Positive Sentiment: New Amazon Supply Chain Services offerings let merchants add fast, free Prime delivery to their own websites and manage orders from Walmart, Shopify, eBay and TikTok through Seller Central. The initiative could expand fulfillment revenue and make Amazon’s logistics infrastructure more valuable outside its marketplace. Amazon Lets Merchants Add Free Prime Delivery to Their Own Websites Positive Sentiment: Analyst commentary remains constructive on Amazon Web Services, custom chips and agentic AI. Reports cite a roughly $496 billion AWS backlog and expanding AI tools for third-party sellers, advertising and cloud customers, supporting the long-term earnings-growth case. Positive Sentiment: Amazon is investing more than $100 million in an Indiana robotics manufacturing facility expected to create 300 jobs. The plant should increase internal automation capacity and could eventually support efficiency gains across the fulfillment network. Amazon to Expand Robot-Making Capacity With New Indiana Hub Neutral Sentiment: Amazon is allowing Anthropic’s Claude to access seller data while blocking Meta’s Muse shopping agent. The decision protects control over customer and marketplace data, but it could encourage rivals such as Shopify and Walmart to build more open agentic-commerce ecosystems. Amazon Opens Seller Data to Claude Days After Blocking Meta’s Muse Negative Sentiment: The India expansion and Indiana robotics project increase near-term capital spending, contributing to investor concerns about cash-flow pressure and the timing of returns. Amazon’s stock has also been technically testing support near its key moving averages. Negative Sentiment: A proposed nationwide class-action lawsuit alleges systematic discrimination against pregnant warehouse employees. Additional workforce litigation could increase legal costs, regulatory scrutiny and reputational risk. Amazon Faces Another Worker Lawsuit Negative Sentiment: Rising Treasury yields and broader weakness in technology stocks are creating valuation headwinds for AMZN, while concerns about heavy AI spending and uncertain monetization remain a near-term overhang. Amazon.com Company Profile (Free Report)

Amazon.com, Inc is a global technology and e-commerce company that operates online marketplaces and provides a broad range of consumer products and services. Its retail business sells merchandise directly to customers and enables third-party sellers to offer products through Amazon’s websites and applications. The company also operates physical stores and provides services such as digital content, subscriptions, and consumer devices, including Kindle and Echo products.

Amazon Web Services (AWS) provides cloud computing, storage, database, analytics, artificial intelligence, machine learning, and other technology services to businesses, governments, and organizations.

See Also Five stocks we like better than Amazon.com Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks Paychex Plunges, Providing the Entry Investors Have Been Waiting For The Case for Buying High-Yield General Mills Just Strengthened SanDisk’s $1,800 Breakout Turns Memory Hardware Into a Profit Story Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).

Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.

Redwood Investment Management LLC acquired a new stake in Amazon.com, Inc. (NASDAQ:AMZN) during the 2nd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 33,545 shares of the e-commerce giant’s stock, valued at approximately $7,995,000. Amazon.com makes up about 0.8% of Redwood Investment Management LLC’s portfolio, making the stock its 21st biggest position.

Other institutional investors have also added to or reduced their stakes in the company. Proficio Capital Partners LLC bought a new stake in shares of Amazon.com in the 2nd quarter worth $22,840,000. Stonebridge Capital Management Inc. bought a new position in shares of Amazon.com during the second quarter valued at $1,497,000. Pure Financial Advisors LLC purchased a new stake in shares of Amazon.com during the second quarter valued at $28,645,000. Payne Capital Management LLC purchased a new stake in shares of Amazon.com during the second quarter valued at $829,000. Finally, Transamerica Financial Advisors LLC bought a new stake in Amazon.com in the 2nd quarter worth about $5,867,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Amazon.com Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: Amazon announced a plan to invest approximately $3 billion in India’s quick-commerce market through 2030, expanding its Amazon Now delivery network. The investment could strengthen Amazon’s position in a rapidly growing market, although its current share is only about 6.2%. Amazon bets $3 billion on India’s fast-delivery boom Positive Sentiment: New Amazon Supply Chain Services offerings let merchants add fast, free Prime delivery to their own websites and manage orders from Walmart, Shopify, eBay and TikTok through Seller Central. The initiative could expand fulfillment revenue and make Amazon’s logistics infrastructure more valuable outside its marketplace. Amazon Lets Merchants Add Free Prime Delivery to Their Own Websites Positive Sentiment: Analyst commentary remains constructive on Amazon Web Services, custom chips and agentic AI. Reports cite a roughly $496 billion AWS backlog and expanding AI tools for third-party sellers, advertising and cloud customers, supporting the long-term earnings-growth case. Positive Sentiment: Amazon is investing more than $100 million in an Indiana robotics manufacturing facility expected to create 300 jobs. The plant should increase internal automation capacity and could eventually support efficiency gains across the fulfillment network. Amazon to Expand Robot-Making Capacity With New Indiana Hub Neutral Sentiment: Amazon is allowing Anthropic’s Claude to access seller data while blocking Meta’s Muse shopping agent. The decision protects control over customer and marketplace data, but it could encourage rivals such as Shopify and Walmart to build more open agentic-commerce ecosystems. Amazon Opens Seller Data to Claude Days After Blocking Meta’s Muse Negative Sentiment: The India expansion and Indiana robotics project increase near-term capital spending, contributing to investor concerns about cash-flow pressure and the timing of returns. Amazon’s stock has also been technically testing support near its key moving averages. Negative Sentiment: A proposed nationwide class-action lawsuit alleges systematic discrimination against pregnant warehouse employees. Additional workforce litigation could increase legal costs, regulatory scrutiny and reputational risk. Amazon Faces Another Worker Lawsuit Negative Sentiment: Rising Treasury yields and broader weakness in technology stocks are creating valuation headwinds for AMZN, while concerns about heavy AI spending and uncertain monetization remain a near-term overhang. Amazon.com Stock Performance AMZN opened at $249.38 on Friday. The company’s 50 day moving average is $256.34 and its 200 day moving average is $246.95. The company has a current ratio of 1.03, a quick ratio of 0.87 and a debt-to-equity ratio of 0.23. The company has a market cap of $2.69 trillion, a price-to-earnings ratio of 20.06, a PEG ratio of 1.98 and a beta of 1.44. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $287.20. Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, beating analysts’ consensus estimates of $1.82 by $3.93. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The business had revenue of $200.61 billion during the quarter, compared to analysts’ expectations of $197.03 billion. During the same period in the prior year, the company earned $1.68 earnings per share. The firm’s revenue was up 19.6% on a year-over-year basis. On average, equities research analysts predict that Amazon.com, Inc. will post 8.01 EPS for the current year.

Insider Activity In other news, CEO Douglas Herrington sold 1,000 shares of the company’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $254.77, for a total value of $254,770.00. Following the completion of the sale, the chief executive officer directly owned 475,681 shares in the company, valued at $121,189,248.37. This represents a 0.21% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,343 shares of the company’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.01, for a total value of $606,860.43. Following the completion of the sale, the vice president owned 119,780 shares of the company’s stock, valued at $31,024,217.80. This trade represents a 1.92% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 71,589 shares of company stock worth $18,568,785. Company insiders own 8.90% of the company’s stock.

Wall Street Analyst Weigh In A number of brokerages have weighed in on AMZN. Robert W. Baird set a $310.00 target price on Amazon.com and gave the stock an “outperform” rating in a research report on Friday, July 31st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amazon.com in a report on Monday, August 3rd. The Goldman Sachs Group reiterated a “buy” rating and issued a $375.00 price target (up from $335.00) on shares of Amazon.com in a research note on Friday, July 31st. Barclays reissued an “overweight” rating and set a $365.00 price objective (up from $330.00) on shares of Amazon.com in a report on Friday, July 31st. Finally, Raymond James Financial restated an “outperform” rating and issued a $390.00 target price (up from $280.00) on shares of Amazon.com in a report on Friday, July 31st. Fifty-six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Amazon.com has a consensus rating of “Moderate Buy” and a consensus price target of $321.19.

Check Out Our Latest Report on AMZN

Amazon.com Profile (Free Report)

Amazon.com, Inc is a global technology and e-commerce company that operates online marketplaces and provides a broad range of consumer products and services. Its retail business sells merchandise directly to customers and enables third-party sellers to offer products through Amazon’s websites and applications. The company also operates physical stores and provides services such as digital content, subscriptions, and consumer devices, including Kindle and Echo products.

Amazon Web Services (AWS) provides cloud computing, storage, database, analytics, artificial intelligence, machine learning, and other technology services to businesses, governments, and organizations.

Further Reading Five stocks we like better than Amazon.com Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks Paychex Plunges, Providing the Entry Investors Have Been Waiting For The Case for Buying High-Yield General Mills Just Strengthened SanDisk’s $1,800 Breakout Turns Memory Hardware Into a Profit Story Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).

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Stonebridge Capital Management Inc. bought a new position in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 6,279 shares of the e-commerce giant’s stock, valued at approximately $1,497,000.

Other large investors have also bought and sold shares of the company. Pure Financial Advisors LLC bought a new stake in shares of Amazon.com during the second quarter worth $28,645,000. Payne Capital Management LLC bought a new position in shares of Amazon.com in the 2nd quarter valued at about $829,000. Transamerica Financial Advisors LLC acquired a new stake in Amazon.com during the 2nd quarter worth $5,867,000. Sanchez Levi Garrett acquired a new stake in shares of Amazon.com during the second quarter worth $1,228,000. Finally, Palestra Capital Management LLC acquired a new position in shares of Amazon.com during the 2nd quarter worth about $224,691,000. 72.20% of the stock is currently owned by institutional investors.

Insider Buying and Selling In other news, SVP David Zapolsky sold 9,258 shares of the business’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $259.77, for a total transaction of $2,404,950.66. Following the transaction, the senior vice president directly owned 41,190 shares in the company, valued at $10,699,926.30. The trade was a 18.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas Herrington sold 6,362 shares of the company’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $1,647,821.62. Following the completion of the sale, the chief executive officer directly owned 476,681 shares in the company, valued at approximately $123,465,145.81. The trade was a 1.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 71,589 shares of company stock worth $18,568,785. Corporate insiders own 8.90% of the company’s stock.

Analysts Set New Price Targets Several equities research analysts have weighed in on AMZN shares. Piper Sandler reiterated an “overweight” rating and issued a $320.00 target price (up from $315.00) on shares of Amazon.com in a report on Friday, July 31st. UBS Group set a $200.00 price target on shares of Amazon.com in a report on Thursday, September 17th. Citizens Jmp restated a “market outperform” rating and issued a $315.00 price objective on shares of Amazon.com in a research report on Friday, July 31st. Needham & Company LLC reaffirmed a “buy” rating and set a $300.00 price objective on shares of Amazon.com in a research note on Friday, July 31st. Finally, Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amazon.com in a research note on Monday, August 3rd. Fifty-six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Amazon.com presently has an average rating of “Moderate Buy” and an average price target of $321.19. View Our Latest Analysis on AMZN

Key Headlines Impacting Amazon.com Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: Amazon announced a plan to invest approximately $3 billion in India’s quick-commerce market through 2030, expanding its Amazon Now delivery network. The investment could strengthen Amazon’s position in a rapidly growing market, although its current share is only about 6.2%. Amazon bets $3 billion on India’s fast-delivery boom Positive Sentiment: New Amazon Supply Chain Services offerings let merchants add fast, free Prime delivery to their own websites and manage orders from Walmart, Shopify, eBay and TikTok through Seller Central. The initiative could expand fulfillment revenue and make Amazon’s logistics infrastructure more valuable outside its marketplace. Amazon Lets Merchants Add Free Prime Delivery to Their Own Websites Positive Sentiment: Analyst commentary remains constructive on Amazon Web Services, custom chips and agentic AI. Reports cite a roughly $496 billion AWS backlog and expanding AI tools for third-party sellers, advertising and cloud customers, supporting the long-term earnings-growth case. Positive Sentiment: Amazon is investing more than $100 million in an Indiana robotics manufacturing facility expected to create 300 jobs. The plant should increase internal automation capacity and could eventually support efficiency gains across the fulfillment network. Amazon to Expand Robot-Making Capacity With New Indiana Hub Neutral Sentiment: Amazon is allowing Anthropic’s Claude to access seller data while blocking Meta’s Muse shopping agent. The decision protects control over customer and marketplace data, but it could encourage rivals such as Shopify and Walmart to build more open agentic-commerce ecosystems. Amazon Opens Seller Data to Claude Days After Blocking Meta’s Muse Negative Sentiment: The India expansion and Indiana robotics project increase near-term capital spending, contributing to investor concerns about cash-flow pressure and the timing of returns. Amazon’s stock has also been technically testing support near its key moving averages. Negative Sentiment: A proposed nationwide class-action lawsuit alleges systematic discrimination against pregnant warehouse employees. Additional workforce litigation could increase legal costs, regulatory scrutiny and reputational risk. Amazon Faces Another Worker Lawsuit Negative Sentiment: Rising Treasury yields and broader weakness in technology stocks are creating valuation headwinds for AMZN, while concerns about heavy AI spending and uncertain monetization remain a near-term overhang. Amazon.com Trading Up 0.0% NASDAQ AMZN opened at $249.38 on Friday. Amazon.com, Inc. has a 12 month low of $196.00 and a 12 month high of $287.20. The company has a current ratio of 1.03, a quick ratio of 0.87 and a debt-to-equity ratio of 0.23. The stock has a 50 day moving average of $256.34 and a 200-day moving average of $246.95. The company has a market cap of $2.69 trillion, a PE ratio of 20.06, a PEG ratio of 1.98 and a beta of 1.44.

Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, topping analysts’ consensus estimates of $1.82 by $3.93. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The business had revenue of $200.61 billion for the quarter, compared to the consensus estimate of $197.03 billion. During the same period in the previous year, the company earned $1.68 earnings per share. The firm’s revenue for the quarter was up 19.6% on a year-over-year basis. On average, equities research analysts anticipate that Amazon.com, Inc. will post 8.01 EPS for the current fiscal year.

Amazon.com Company Profile (Free Report)

Amazon.com, Inc is a global technology and e-commerce company that operates online marketplaces and provides a broad range of consumer products and services. Its retail business sells merchandise directly to customers and enables third-party sellers to offer products through Amazon’s websites and applications. The company also operates physical stores and provides services such as digital content, subscriptions, and consumer devices, including Kindle and Echo products.

Amazon Web Services (AWS) provides cloud computing, storage, database, analytics, artificial intelligence, machine learning, and other technology services to businesses, governments, and organizations.

Recommended Stories Five stocks we like better than Amazon.com Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks Paychex Plunges, Providing the Entry Investors Have Been Waiting For The Case for Buying High-Yield General Mills Just Strengthened SanDisk’s $1,800 Breakout Turns Memory Hardware Into a Profit Story

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Pine Ridge Advisers LLC purchased a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 31,780 shares of the e-commerce giant’s stock, valued at approximately $7,574,000. Amazon.com accounts for 0.5% of Pine Ridge Advisers LLC’s investment portfolio, making the stock its 24th biggest holding.

Other hedge funds also recently bought and sold shares of the company. Red Crane Wealth Management LLC increased its holdings in Amazon.com by 2.3% in the 1st quarter. Red Crane Wealth Management LLC now owns 1,663 shares of the e-commerce giant’s stock valued at $346,000 after purchasing an additional 38 shares during the last quarter. Robinson Smith Wealth Advisors LLC boosted its position in shares of Amazon.com by 0.7% during the first quarter. Robinson Smith Wealth Advisors LLC now owns 5,509 shares of the e-commerce giant’s stock worth $1,147,000 after buying an additional 40 shares during the period. Sfam LLC grew its stake in shares of Amazon.com by 3.4% in the first quarter. Sfam LLC now owns 1,224 shares of the e-commerce giant’s stock valued at $255,000 after buying an additional 40 shares in the last quarter. Measured Risk Portfolios Inc. grew its stake in shares of Amazon.com by 3.4% in the first quarter. Measured Risk Portfolios Inc. now owns 1,206 shares of the e-commerce giant’s stock valued at $251,000 after buying an additional 40 shares in the last quarter. Finally, CoreFirst Bank & Trust raised its holdings in shares of Amazon.com by 1.1% in the 1st quarter. CoreFirst Bank & Trust now owns 3,620 shares of the e-commerce giant’s stock valued at $754,000 after buying an additional 40 shares during the period. Hedge funds and other institutional investors own 72.20% of the company’s stock.

Amazon.com News Roundup Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: Amazon announced a plan to invest approximately $3 billion in India’s quick-commerce market through 2030, expanding its Amazon Now delivery network. The investment could strengthen Amazon’s position in a rapidly growing market, although its current share is only about 6.2%. Amazon bets $3 billion on India’s fast-delivery boom Positive Sentiment: New Amazon Supply Chain Services offerings let merchants add fast, free Prime delivery to their own websites and manage orders from Walmart, Shopify, eBay and TikTok through Seller Central. The initiative could expand fulfillment revenue and make Amazon’s logistics infrastructure more valuable outside its marketplace. Amazon Lets Merchants Add Free Prime Delivery to Their Own Websites Positive Sentiment: Analyst commentary remains constructive on Amazon Web Services, custom chips and agentic AI. Reports cite a roughly $496 billion AWS backlog and expanding AI tools for third-party sellers, advertising and cloud customers, supporting the long-term earnings-growth case. Positive Sentiment: Amazon is investing more than $100 million in an Indiana robotics manufacturing facility expected to create 300 jobs. The plant should increase internal automation capacity and could eventually support efficiency gains across the fulfillment network. Amazon to Expand Robot-Making Capacity With New Indiana Hub Neutral Sentiment: Amazon is allowing Anthropic’s Claude to access seller data while blocking Meta’s Muse shopping agent. The decision protects control over customer and marketplace data, but it could encourage rivals such as Shopify and Walmart to build more open agentic-commerce ecosystems. Amazon Opens Seller Data to Claude Days After Blocking Meta’s Muse Negative Sentiment: The India expansion and Indiana robotics project increase near-term capital spending, contributing to investor concerns about cash-flow pressure and the timing of returns. Amazon’s stock has also been technically testing support near its key moving averages. Negative Sentiment: A proposed nationwide class-action lawsuit alleges systematic discrimination against pregnant warehouse employees. Additional workforce litigation could increase legal costs, regulatory scrutiny and reputational risk. Amazon Faces Another Worker Lawsuit Negative Sentiment: Rising Treasury yields and broader weakness in technology stocks are creating valuation headwinds for AMZN, while concerns about heavy AI spending and uncertain monetization remain a near-term overhang. Amazon.com Price Performance Amazon.com stock opened at $249.38 on Friday. Amazon.com, Inc. has a 1 year low of $196.00 and a 1 year high of $287.20. The firm has a 50 day moving average price of $256.34 and a 200 day moving average price of $246.95. The company has a market cap of $2.69 trillion, a price-to-earnings ratio of 20.06, a PEG ratio of 1.98 and a beta of 1.44. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03. Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.82 by $3.93. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The company had revenue of $200.61 billion for the quarter, compared to analyst estimates of $197.03 billion. During the same quarter last year, the business earned $1.68 EPS. Amazon.com’s revenue for the quarter was up 19.6% on a year-over-year basis. Sell-side analysts predict that Amazon.com, Inc. will post 8.01 earnings per share for the current year.

Insider Activity at Amazon.com In other news, SVP David Zapolsky sold 9,258 shares of the firm’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $259.77, for a total value of $2,404,950.66. Following the transaction, the senior vice president directly owned 41,190 shares in the company, valued at $10,699,926.30. This trade represents a 18.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 14,541 shares of the stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the sale, the chief executive officer directly owned 17,794 shares of the company’s stock, valued at approximately $4,609,713.64. This trade represents a 44.97% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 71,589 shares of company stock valued at $18,568,785 over the last three months. Insiders own 8.90% of the company’s stock.

Analysts Set New Price Targets Several equities analysts have weighed in on AMZN shares. Citizens Jmp reaffirmed a “market outperform” rating and issued a $315.00 target price on shares of Amazon.com in a research report on Friday, July 31st. Mizuho set a $330.00 target price on shares of Amazon.com and gave the stock an “outperform” rating in a report on Friday, July 31st. Pivotal Research reissued a “buy” rating and issued a $333.00 price target (up from $320.00) on shares of Amazon.com in a research report on Friday, July 31st. Cantor Fitzgerald reissued an “overweight” rating and set a $320.00 target price (down from $330.00) on shares of Amazon.com in a research note on Friday, July 31st. Finally, Wolfe Research restated an “outperform” rating and set a $315.00 price target on shares of Amazon.com in a report on Friday, July 31st. Fifty-six analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $321.19.

View Our Latest Stock Report on Amazon.com

Amazon.com Profile (Free Report)

Amazon.com, Inc is a global technology and e-commerce company that operates online marketplaces and provides a broad range of consumer products and services. Its retail business sells merchandise directly to customers and enables third-party sellers to offer products through Amazon’s websites and applications. The company also operates physical stores and provides services such as digital content, subscriptions, and consumer devices, including Kindle and Echo products.

Amazon Web Services (AWS) provides cloud computing, storage, database, analytics, artificial intelligence, machine learning, and other technology services to businesses, governments, and organizations.

See Also Five stocks we like better than Amazon.com Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks Paychex Plunges, Providing the Entry Investors Have Been Waiting For The Case for Buying High-Yield General Mills Just Strengthened SanDisk’s $1,800 Breakout Turns Memory Hardware Into a Profit Story Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).

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An Amazon Prime Air MK30 package delivery drone flying over a neighborhood. (Amazon Photo) While Amazon touts its autonomous drone fleet as the ultimate convenience for rapid doorstep drop-offs, residents of one Texas neighborhood report a very different reality on the ground — complaining of lost privacy, non-stop outdoor disruption, and an incessant overhead hum that disrupts peaceful surroundings from morning until night.

New reports this week from The New York Times and NBC’s TODAY show detail how residents in Richardson, Texas, — a Dallas suburb near a major Amazon fulfillment facility — are bearing the brunt of Prime Air’s ambitious expansion.

“It’s constant — it’s like a beehive up there right over our house,” Richardson resident Scott Bratcher told NBC, describing his backyard as a virtual highway for drones.

The disruption has led others to tally the flyovers, including resident Stephanie Puri, who tracked 52 drone passes over her home on what she described to the Times as a “slow day,” adding that the noise penetrates her home even with the television turned on.

Under its Prime Air initiative, Amazon uses autonomous hexacopter drones — including its newer MK30 model designed to carry items up to five pounds — to fly directly from fulfillment sites to residential drop zones in 30 minutes or less.

Operating out of designated hubs, such as its Richardson facility, the e-commerce giant is rapidly scaling up its operations, with ambitious plans to expand drone deliveries to nearly 500 U.S. cities and towns by the end of 2026. (More details about who can order what via drone are available here.)

The tech giant defends the program as a resounding success, emphasizing that customer feedback has been overwhelmingly positive. An Amazon spokesperson told the Times and NBC that fewer than 1% of inquiries regarding Prime Air this year have related to noise, with the company maintaining that the sound on the ground is minimal, short-lived, and comparable to a low window fan or a passing car.

But for residents living directly beneath the designated flight paths, those low percentages offer little comfort.

Richardson homeowner Nikki Anderson told the Times that the frequent low-altitude flyovers have ruined an outdoor space her family once considered a peaceful sanctuary, forcing them indoors to escape the constant buzzing.

“Some people might think, wow, this is really, really cool, and the technology is really cool,” Anderson told the Times. “But people around here, we’re thinking, ‘Ugh, is there anything we can do to stop this?’ We can’t live like this.”

Other neighbors have echoed concerns over privacy and lingering safety questions, pointing to a crash earlier this year where a Prime Air drone collided with an apartment building in the area — an incident Amazon attributed to a GPS glitch before briefly pausing high-rise deliveries.

A package is loaded into an Amazon Prime Air drone. (Amazon Photo) The clash in Richardson highlights a broader push across North Texas, which has rapidly become ground zero for commercial drone delivery in the U.S. Driven by favorable weather, sprawl, and state business incentives, Amazon is locked in an escalating “drone arms race” with rivals like Walmart, Alphabet’s Wing, and DoorDash, all of which are actively testing and scaling suburban drop-offs across the Dallas-Fort Worth metroplex.

Compounding the frustration for residents is the reality that municipal governments have virtually no authority to regulate the skies above their own neighborhoods. Because the Federal Aviation Administration holds sole jurisdiction over national airspace, local officials are powerless to restrict flight paths, set noise limits, or mandate higher altitudes.

A group of affected neighbors calling themselves the “drone warriors” has begun mobilizing to push back against the technology.

Using flight-tracking mobile apps, the residents closely monitor the overhead traffic while urging municipal leaders to enforce local rules, demand higher flight altitudes, and serve as a warning to other communities before the skies above their neighborhoods are similarly opened up.

“They need to do a lot more research, they need to hold Amazon accountable, we need to have rules,” Bratcher, the Richardson resident, said on TODAY. “And if they don’t follow the rules, take away their toys, turn them off.”

Kinetic Partners Management LP purchased a new position in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 767,552 shares of the e-commerce giant’s stock, valued at approximately $182,938,000. Amazon.com makes up 4.4% of Kinetic Partners Management LP’s investment portfolio, making the stock its 4th largest holding.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Bard Associates Inc. acquired a new position in shares of Amazon.com in the 2nd quarter worth approximately $32,000. Longfellow Investment Management Co. LLC bought a new stake in Amazon.com in the second quarter valued at $33,000. MilWealth Group LLC grew its position in Amazon.com by 79.0% in the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock valued at $41,000 after acquiring an additional 79 shares during the period. Lifetime Wealth Management P.C. acquired a new position in Amazon.com during the fourth quarter worth $45,000. Finally, Prudent Man Investment Management Inc. raised its stake in Amazon.com by 87.7% during the fourth quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant’s stock worth $53,000 after acquiring an additional 107 shares in the last quarter. Institutional investors own 72.20% of the company’s stock.

Amazon.com Price Performance Amazon.com stock opened at $249.27 on Thursday. The business’s 50-day simple moving average is $256.35 and its 200 day simple moving average is $246.69. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23. The stock has a market cap of $2.69 trillion, a price-to-earnings ratio of 20.05, a P/E/G ratio of 1.98 and a beta of 1.44. Amazon.com, Inc. has a 12-month low of $196.00 and a 12-month high of $287.20.

Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.82 by $3.93. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The company had revenue of $200.61 billion for the quarter, compared to the consensus estimate of $197.03 billion. During the same quarter in the prior year, the business posted $1.68 EPS. The firm’s quarterly revenue was up 19.6% on a year-over-year basis. As a group, research analysts anticipate that Amazon.com, Inc. will post 8.01 earnings per share for the current year. Insider Buying and Selling at Amazon.com In related news, CFO Brian T. Olsavsky sold 6,172 shares of Amazon.com stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $260.31, for a total value of $1,606,633.32. Following the sale, the chief financial officer owned 109,207 shares of the company’s stock, valued at approximately $28,427,674.17. This trade represents a 5.35% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 20,000 shares of Amazon.com stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $5,180,200.00. Following the completion of the sale, the chief executive officer owned 2,235,766 shares in the company, valued at $579,085,751.66. This trade represents a 0.89% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 71,589 shares of company stock worth $18,568,785 over the last three months. Company insiders own 8.90% of the company’s stock.

Key Stories Impacting Amazon.com Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: AI and cloud growth remain major potential catalysts. Amazon Web Services reportedly has a $496 billion backlog and a cloud operating margin near 39%, while the company launched agentic AI tools to automate listings, inventory management and other tasks for third-party sellers. These developments reinforce the investment case that AWS and AI can drive long-term earnings growth. Amazon rolls out new agentic AI for third-party sellers Positive Sentiment: Amazon is expanding higher-value advertising and commerce services. A deeper Best Buy Fire TV agreement will use Amazon Ads technology across Insignia televisions, potentially increasing connected-TV advertising revenue. Amazon also expanded its U.K. partnership with Affirm and its pickup network to nearly 30,000 locations, supporting customer convenience and transaction growth. Best Buy, Amazon Deepen Fire TV Alliance Neutral Sentiment: Anthropic’s potential $2 trillion IPO could benefit Amazon. Amazon is an Anthropic backer and could gain from the value of its investment and increased demand for AWS infrastructure, although the timing, valuation and eventual financial benefit remain uncertain. Alphabet vs. Amazon: Which Anthropic Backer Will Benefit More? Negative Sentiment: Amazon’s dispute with Meta over the Muse shopping agent creates strategic risk. Amazon blocked Meta’s rapidly adopted AI agent from accessing its marketplace, protecting control over customer data and checkout but potentially allowing rivals such as Shopify to capture agent-driven commerce. The standoff also raises questions about future rules for automated shopping. Meta’s standoff with Amazon over Muse Negative Sentiment: Rising labor and delivery spending may weigh on margins. Amazon plans to invest $1.9 billion in its Delivery Service Partner program and is rehiring former employees for AI and cloud roles. Higher wages and staffing costs could pressure near-term profitability even if they support capacity and growth. Amazon puts another $1.9 billion into its delivery network Negative Sentiment: Sustainability execution is an investor concern. Amazon’s chief sustainability officer said the company does not yet know how it will achieve its 2040 net-zero carbon target, raising reputational and regulatory risks. Amazon’s net-zero carbon challenge Negative Sentiment: Macro conditions amplified the selling pressure. Amazon was among the large technology stocks weighing on a weaker market as Treasury yields and oil prices rose, increasing valuation pressure on growth-oriented companies. Wall Street Analyst Weigh In Several research firms have recently weighed in on AMZN. Pivotal Research reaffirmed a “buy” rating and issued a $333.00 target price (up from $320.00) on shares of Amazon.com in a report on Friday, July 31st. Barclays reaffirmed an “overweight” rating and set a $365.00 price objective (up from $330.00) on shares of Amazon.com in a research note on Friday, July 31st. Phillip Securities cut shares of Amazon.com from a “strong-buy” rating to a “moderate buy” rating in a research note on Monday, August 3rd. KeyCorp boosted their target price on Amazon.com from $335.00 to $350.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Finally, Oppenheimer restated an “outperform” rating on shares of Amazon.com in a research report on Friday, July 31st. Fifty-six investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $321.19.

Check Out Our Latest Stock Analysis on Amazon.com

Amazon.com Profile (Free Report)

Amazon.com, Inc is a global technology and e-commerce company that operates online marketplaces and provides a broad range of consumer products and services. Its retail business sells merchandise directly to customers and enables third-party sellers to offer products through Amazon’s websites and applications. The company also operates physical stores and provides services such as digital content, subscriptions, and consumer devices, including Kindle and Echo products.

Amazon Web Services (AWS) provides cloud computing, storage, database, analytics, artificial intelligence, machine learning, and other technology services to businesses, governments, and organizations.

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Bontempo Ohly Capital Mgmt LLC purchased a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 2,192 shares of the e-commerce giant’s stock, valued at approximately $522,000.

Several other hedge funds and other institutional investors have also modified their holdings of AMZN. Trust Asset Management LLC boosted its stake in shares of Amazon.com by 3.3% during the 2nd quarter. Trust Asset Management LLC now owns 107,563 shares of the e-commerce giant’s stock valued at $26,000 after buying an additional 3,414 shares during the last quarter. Bard Associates Inc. acquired a new stake in Amazon.com in the second quarter valued at $32,000. Longfellow Investment Management Co. LLC bought a new position in Amazon.com during the 2nd quarter valued at $33,000. MilWealth Group LLC boosted its stake in Amazon.com by 79.0% during the 4th quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock valued at $41,000 after acquiring an additional 79 shares during the last quarter. Finally, Lifetime Wealth Management P.C. acquired a new position in Amazon.com during the 4th quarter worth $45,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In Several brokerages have recently commented on AMZN. Wolfe Research reaffirmed an “outperform” rating and set a $315.00 price target on shares of Amazon.com in a research report on Friday, July 31st. Citizens Jmp reaffirmed a “market outperform” rating and set a $315.00 target price on shares of Amazon.com in a report on Friday, July 31st. Weiss Ratings reiterated a “buy (b)” rating on shares of Amazon.com in a research report on Monday, August 3rd. JPMorgan Chase & Co. boosted their price target on Amazon.com from $330.00 to $365.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Finally, Bank of America upped their price target on Amazon.com from $310.00 to $320.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Fifty-six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $321.19.

Check Out Our Latest Stock Report on AMZN Key Stories Impacting Amazon.com Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: AI and cloud growth remain major potential catalysts. Amazon Web Services reportedly has a $496 billion backlog and a cloud operating margin near 39%, while the company launched agentic AI tools to automate listings, inventory management and other tasks for third-party sellers. These developments reinforce the investment case that AWS and AI can drive long-term earnings growth. Amazon rolls out new agentic AI for third-party sellers Positive Sentiment: Amazon is expanding higher-value advertising and commerce services. A deeper Best Buy Fire TV agreement will use Amazon Ads technology across Insignia televisions, potentially increasing connected-TV advertising revenue. Amazon also expanded its U.K. partnership with Affirm and its pickup network to nearly 30,000 locations, supporting customer convenience and transaction growth. Best Buy, Amazon Deepen Fire TV Alliance Neutral Sentiment: Anthropic’s potential $2 trillion IPO could benefit Amazon. Amazon is an Anthropic backer and could gain from the value of its investment and increased demand for AWS infrastructure, although the timing, valuation and eventual financial benefit remain uncertain. Alphabet vs. Amazon: Which Anthropic Backer Will Benefit More? Negative Sentiment: Amazon’s dispute with Meta over the Muse shopping agent creates strategic risk. Amazon blocked Meta’s rapidly adopted AI agent from accessing its marketplace, protecting control over customer data and checkout but potentially allowing rivals such as Shopify to capture agent-driven commerce. The standoff also raises questions about future rules for automated shopping. Meta’s standoff with Amazon over Muse Negative Sentiment: Rising labor and delivery spending may weigh on margins. Amazon plans to invest $1.9 billion in its Delivery Service Partner program and is rehiring former employees for AI and cloud roles. Higher wages and staffing costs could pressure near-term profitability even if they support capacity and growth. Amazon puts another $1.9 billion into its delivery network Negative Sentiment: Sustainability execution is an investor concern. Amazon’s chief sustainability officer said the company does not yet know how it will achieve its 2040 net-zero carbon target, raising reputational and regulatory risks. Amazon’s net-zero carbon challenge Negative Sentiment: Macro conditions amplified the selling pressure. Amazon was among the large technology stocks weighing on a weaker market as Treasury yields and oil prices rose, increasing valuation pressure on growth-oriented companies. Insider Buying and Selling In other news, CEO Matthew S. Garman sold 14,541 shares of Amazon.com stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the sale, the chief executive officer owned 17,794 shares of the company’s stock, valued at approximately $4,609,713.64. The trade was a 44.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,343 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $259.01, for a total value of $606,860.43. Following the completion of the sale, the vice president owned 119,780 shares in the company, valued at approximately $31,024,217.80. This represents a 1.92% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 71,589 shares of company stock valued at $18,568,785 in the last ninety days. Insiders own 8.90% of the company’s stock.

Amazon.com Stock Down 2.2% Amazon.com stock opened at $249.27 on Thursday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03. Amazon.com, Inc. has a one year low of $196.00 and a one year high of $287.20. The company has a 50-day simple moving average of $256.35 and a 200-day simple moving average of $246.69. The firm has a market capitalization of $2.69 trillion, a P/E ratio of 20.05, a P/E/G ratio of 1.98 and a beta of 1.44.

Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, beating the consensus estimate of $1.82 by $3.93. The firm had revenue of $200.61 billion for the quarter, compared to the consensus estimate of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. Amazon.com’s quarterly revenue was up 19.6% compared to the same quarter last year. During the same period last year, the firm posted $1.68 EPS. As a group, equities analysts expect that Amazon.com, Inc. will post 8.01 earnings per share for the current year.

Amazon.com Company Profile (Free Report)

Amazon.com, Inc is a global technology and e-commerce company that operates online marketplaces and provides a broad range of consumer products and services. Its retail business sells merchandise directly to customers and enables third-party sellers to offer products through Amazon’s websites and applications. The company also operates physical stores and provides services such as digital content, subscriptions, and consumer devices, including Kindle and Echo products.

Amazon Web Services (AWS) provides cloud computing, storage, database, analytics, artificial intelligence, machine learning, and other technology services to businesses, governments, and organizations.

See Also Five stocks we like better than Amazon.com Chips to Bots: Qualcomm’s Agentic AI Breakout Ciena Fell 40%—Now One Analyst Sees 50% Upside Energy Transfer Taps the AI Power Boom Viking’s Obesity Edge May Be Staying Power, Not Weight Loss Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).

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US e-commerce retailer Amazon (AMZN.O) will invest $3 billion to expand ​its India quick commerce business by 2030, two sources said, its biggest bet yet on a sector where rivals have raced ahead by ‌popularising deliveries within minutes.

The instant deliveries sector, dubbed "quick commerce", has become a rapidly growing force and reshaped how urban Indians shop for everything from milk and chocolates to iPhones and electronics, which were once only bought from retail stores or major e-commerce websites where deliveries took time.

Walmart's (WMT.O) Flipkart and Amazon, which dominate India's e-commerce space, are late entrants in quick commerce. The $19 billion sector is set ​to more than double in size to $41 billion by 2030, according to Datum Intelligence.

Amazon plans to invest $1 billion in the quick commerce sector by the ​end of 2027, and another $2 billion by 2030, two people with direct knowledge of the plans said. The planned investment has ⁠not previously been reported.

Amazon declined to comment on the planned investment numbers. The retailer, however, said its quick commerce business has crossed $1 billion in annualised gross sales over ​the past three months, "making it the fastest-growing e-commerce business in Amazon India's history."

MORE SMALL NEIGHBOURHOOD WAREHOUSES
A key focus of the planned investment will be adding new small neighbourhood ​warehouses to the current Amazon Now service network from where deliveries are shipped quickly, said both sources, who declined to be identified as the plan is confidential.

"Expansion needs money," the first source said.

Amazon counts India as a key growth market, where it is expanding its data centre, cloud and e-commerce businesses.

But it also faces India's tight regulations for foreign e-commerce companies and a pending 2024 case ​in which it was found by the antitrust watchdog to have given preference to select sellers in breach of the law — allegations it denies.

The sector's rise since ​2022 coincided with growing concerns about rider safety as bikers zip through residential areas to deliver orders fast. India's government in January ordered companies to stop promoting such operations as "10-minute" services.

Domestic giants Eternal's (ETEA.NS) Blinkit, ‌Swiggy (SWIG.NS) and ⁠IPO-bound Zepto control 77% of the market, together operating more than 4,500 stores, while Walmart's Flipkart has more than 1,000 and an 11% market share, Datum data shows.

Amazon has only a 6.2% market share. The first source said Amazon was targeting around 1,300 stores by April next year, from around 750 now.

DAILY ESSENTIALS FOCUS WITH CHALLENGES
The other key areas of spending, the first person added, will be strengthening inventory management software at stores, deploying AI tools for demand prediction and expanding product selection.

"The focus will ​be daily essentials. If the order is ​unlikely to be repeated, Amazon does ⁠not plan to stock it right now in quick commerce," said the person, explaining why Amazon does not stock iPhones like its quick commerce rivals.

Bernstein in a July note warned that groceries alone cannot cover the high costs of quick commerce as average ​order values are low, and "non-grocery items carry higher prices and higher margins."

Amazon does not agree with critics who say it ​missed the bus, one ⁠of the sources said. The company wanted to get the model right, such as having a cold storage room in each store and not just a refrigerator.

Satish Meena, founder of Datum Intelligence, said it will not be easy for Amazon to catch up with rivals who offer quality service and have loyal customers, but it could lure their shopping website ⁠customers to ​fast deliveries.

The Amazon Now service, which sits within the main Amazon app, is currently offering a ​20% cashback discount on some initial orders above 499 rupees ($5.20), and free delivery above 99 rupees ($1) for select customers.

"It took some time for Amazon to commit. There appears to be a realisation that this is ​a model they have to invest in," Meena said. "They are doing discounts, which can help lure current Amazon customers to quick commerce."

Zoox has grounded its autonomous vehicle test fleet in Atlanta after safety drivers were potentially exposed to carbon monoxide, carbon dioxide, or hydrogen sulfide gas inside its vehicles last month, TechCrunch has learned. The repeated incidents led one worker to file a complaint with the Occupational Safety and Health Administration, which opened an inquiry and told Zoox to investigate the exposures. 

As many as 40 workers were possibly exposed to the gases in the vehicles, according to a letter from OSHA to Zoox that TechCrunch viewed, though the Amazon-owned company says the number is lower.  

Zoox put at least one group of workers back on the road in a different car after one vomited and the rest reported exposure symptoms, a contractor told TechCrunch. That second car may have also contained potentially toxic gases, he said, because the workers experienced another bout of exposure symptoms later that day. 

“They made us go right back in the field after we said we were throwing up,” Jay Davis, one of the contractors who got sick in mid-August, told TechCrunch in an interview. “I emailed HR, told her what’s going on, and I told her I feel like it’s messed up that y’all made us go [back out].” 

Workers reported exposure symptoms and strange smells through much of last month until August 22, when someone called 911 for a sick worker. The facility in northwest Atlanta has operated at limited capacity since then, with the test vehicles quarantined while Zoox investigated the exposures, according to two employees. Zoox’s purpose-built robotaxis, which are all electric, are not affected.

TechCrunch spoke to Davis, who filed the OSHA complaint, along with one current and two former employees for this story. The other three workers were granted anonymity to discuss private company matters and because they fear retaliation. 

The illnesses come as Zoox branches into new cities and expands its existing operations in places like Las Vegas and San Francisco, in a bid to catch market leader Waymo. This rapid growth has put some safety monitors at risk. As TechCrunch previously reported, contractors have sustained injuries from sudden braking and swerving in the Zoox test vehicles. Waymo has also reported similar test driver injuries to OSHA.  

Exactly what gases the Zoox employees were exposed to remains unclear. Davis said he and two other workers who became sick were told at the emergency room that their symptoms were consistent with carbon monoxide exposure. The complaint filed with OSHA mentions possible carbon dioxide, or CO2, exposure. 

Zoox told OSHA in a September 10 letter, viewed by TechCrunch, that it examined its test vehicles for signs of CO2 and replaced their 12-volt batteries. Damaged batteries can produce hydrogen sulfide gas, which creates a “rotten egg” smell. Some of the employees who spoke to TechCrunch said they noticed a similar smell in the cars. 

Zoox identified 28 employees who rode in six test vehicles that had an “unexplained odor,” the company said in its letter to OSHA. Zoox told OSHA that 10 workers “voluntarily underwent medical evaluation” to “determine whether any exposure had occurred.” Zoox said in the letter that it received only “one medical report identifying CO2 exposure.”  

Zoox told TechCrunch it hasn’t identified the presence of carbon monoxide, which is odorless, in its vehicles. The company said it consulted an outside medical expert to help investigate the issues and that the only gas it detected in the impacted vehicles was CO2.  

In the letter to OSHA, the company said it will add CO2 monitors to the vehicles. OSHA has since closed its inquiry. 

“The safety and well-being of our Zoox test fleet operators is our primary concern in this situation,” the company told TechCrunch. “We are taking ongoing, appropriate, and cautious actions to investigate the reported events as necessary and support any needs from our operators. While we investigate these reports thoroughly, we have ceased operations of our test vehicles in this market.”  

Known risks Cars produce carbon monoxide and carbon dioxide when they burn fuel. These gases can enter a vehicle if there is a leak in the exhaust system; they can also build up if a vehicle runs inside an enclosed space for an extended period. It’s a common enough problem that the National Highway Traffic Safety Administration investigated Ford for six years over reports of carbon monoxide buildup in its Explorer SUVs. 

In its letter to OSHA, Zoox said it tested the vehicles’ exhaust systems for leaks and performed a “smoke test” for cabin intrusions. It did not say whether it found any evidence of either. The company also removed all the 12-volt batteries, inspected them for damage, and replaced them. It did not tell OSHA whether it found evidence of damage to the batteries. 

The company keeps its test vehicles running through much of a given day, in part to maintain sensor calibration and reduce the onboard self-driving computer’s boot time. Zoox uses an exhaust-capture system at its indoor depots — similar to what is used to capture truck fumes at firehouses — designed to mitigate the buildup of toxic gases.  

Zoox modifies the Highlander SUVs it uses for its test fleet. Most of that work focuses on adding sensors and an autonomy computer. But the company makes other changes, too, including adding an interior “snorkel” above the central infotainment screen that pushes air toward rear-seat passengers, the employees told TechCrunch.  

Zoox said it doesn’t modify the ventilation systems in these SUVs. But making any changes to a vehicle can increase the risk that gases will leak into the cabin. In the Ford investigation, the National Highway Traffic Safety Administration said in 2023 that the highest levels of carbon monoxide were found in police vehicles that had added sirens, lights, and other modifications, all of which can create sealing issues. 

Zoox is an outlier among major robotaxi developers because its test fleet vehicles have internal combustion engines. Waymo, Tesla, Avride, and Motional all use electric vehicles, which don’t produce exhaust gases. May Mobility’s test fleet includes some hybrid vans, and Nvidia uses a small number of gas and electric Mercedes-Benz sedans.   

“Everybody got quiet for some reason”  Davis and the other employees said individual safety monitors started reporting possible exposure symptoms to Zoox at the beginning of August.  

The incidents Davis experienced on August 14 were more acute because four workers were riding in the SUVs together — a practice Zoox uses while training new employees. 

Davis told TechCrunch the first signs of trouble appeared early that morning. 

“Everything was fine. We was all laughing and talking, you know, just having a normal workday, and then everybody got quiet for some reason,” he said.  

Davis recalled that one of his colleagues asked if anyone else in the SUV was “feeling weird.” The crew was approaching their scheduled morning break at 10 a.m., so the workers stopped at a Chick-fil-A. As soon as they got out of the car, Davis said one of his co-workers started throwing up. He and the others felt lightheaded.  

They called the dispatcher at Zoox’s Atlanta depot, who arranged for the SUV to be towed back to base, he said. Meanwhile, Zoox arranged for an Uber to take the workers back to the depot.  

“As soon as we get back to base, we’re thinking, okay, since we’ve been sick and said we was lightheaded, you know, we’re gonna have like, you know, mild duties for the day. Just sit down, you know, get yourself back together,” Davis said. “No, they put us in another [test car] and they told us to go back to work.” 

After driving all afternoon, Davis said he and his colleagues went to a food court. He started vomiting after just a few bites of his meal.  

Davis contacted a representative from HireArt, the third-party contractor that technically employs Zoox’s test drivers in Atlanta. He said the representative gave him a workers’ compensation hotline number and told him to call Poison Control. Three of the workers went to the emergency room, where they were evaluated for carbon monoxide exposure.  

Davis said the emergency room doctor did not detect elevated carbon monoxide levels in his system. But he and others were told their symptoms were consistent with carbon monoxide poisoning.  

Workers continued getting sick in the days that followed, according to all four workers who spoke to TechCrunch. On August 22, one contractor got sick enough that someone at the depot called 911.  

It’s not immediately clear who called 911 or what happened to the sick worker. As for the four employees who reported symptoms on August 14, Zoox ordered them to take what it described as a random drug test in the days that followed.  

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RDST Capital LLC purchased a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 347,474 shares of the e-commerce giant’s stock, valued at approximately $82,817,000. Amazon.com accounts for about 6.9% of RDST Capital LLC’s portfolio, making the stock its 6th biggest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Trust Asset Management LLC increased its stake in Amazon.com by 3.3% in the second quarter. Trust Asset Management LLC now owns 107,563 shares of the e-commerce giant’s stock valued at $26,000 after acquiring an additional 3,414 shares during the last quarter. Bard Associates Inc. acquired a new stake in shares of Amazon.com in the 2nd quarter valued at $32,000. Longfellow Investment Management Co. LLC bought a new position in shares of Amazon.com in the 2nd quarter valued at $33,000. MilWealth Group LLC increased its stake in shares of Amazon.com by 79.0% in the 4th quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock valued at $41,000 after purchasing an additional 79 shares during the last quarter. Finally, Lifetime Wealth Management P.C. acquired a new position in shares of Amazon.com during the 4th quarter worth $45,000. 72.20% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets Several brokerages recently weighed in on AMZN. Bank of America upped their price objective on Amazon.com from $310.00 to $320.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Robert W. Baird set a $310.00 target price on shares of Amazon.com and gave the stock an “outperform” rating in a report on Friday, July 31st. Oppenheimer restated an “outperform” rating on shares of Amazon.com in a research note on Friday, July 31st. Telsey Advisory Group set a $335.00 price objective on shares of Amazon.com and gave the stock an “outperform” rating in a research report on Friday, July 31st. Finally, Truist Financial raised their target price on shares of Amazon.com from $320.00 to $350.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Fifty-six investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Amazon.com presently has a consensus rating of “Moderate Buy” and an average price target of $321.19.

Check Out Our Latest Research Report on AMZN Key Headlines Impacting Amazon.com Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: Amazon signed a Generac supply agreement worth up to $8 billion for backup generators, including approximately $2.4 billion of expected orders in 2027–2028 and warrants for Amazon. The deal highlights strong AWS data-center demand and addresses electricity constraints that could otherwise slow AI expansion. Amazon’s Generac power deal Positive Sentiment: Amazon is expanding AI-powered logistics, including smart glasses for more than 20,000 delivery drivers by 2027. The company also plans an additional $1.9 billion investment in its Delivery Service Partner program, targeting better safety, routing and delivery efficiency. Amazon delivery investment Neutral Sentiment: Amazon blocked Meta’s Muse shopping agent, citing unauthorized access, failure to identify itself and concerns involving customer credentials and data. The move protects Amazon’s control over customer relationships, checkout and marketplace data, but could cause it to lose orders initiated by outside AI agents as agentic commerce develops. Amazon and Meta Muse dispute Negative Sentiment: Shopify’s shares rallied after Meta enabled Muse to browse Shopify-powered stores and complete purchases through Shop Pay, while Amazon remained excluded. Investors may view this as a competitive advantage for Shopify and a potential threat to Amazon’s influence over future AI-driven shopping. Shopify and Meta Muse integration Negative Sentiment: Amazon’s planned AI buildout—estimated at roughly $220 billion in capital spending—continues to raise concerns about cash flow, returns on investment and possible AWS margin pressure. Higher labor costs, including a $1 increase in eligible U.S. warehouse starting pay, add to near-term expense pressure. Amazon wage investment Negative Sentiment: A U.S. financial disclosure showed sales of between $5 million and $25 million of Amazon stock by President Donald Trump in July. The transaction is historical and does not change Amazon’s fundamentals, but the disclosure may add short-term selling sentiment. Trump Amazon stock sale disclosure Amazon.com Price Performance Amazon.com stock opened at $254.98 on Wednesday. The stock’s 50 day moving average is $256.47 and its 200 day moving average is $246.48. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87. The firm has a market cap of $2.75 trillion, a P/E ratio of 20.51, a P/E/G ratio of 2.00 and a beta of 1.44. Amazon.com, Inc. has a one year low of $196.00 and a one year high of $287.20.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.82 by $3.93. The business had revenue of $200.61 billion during the quarter, compared to the consensus estimate of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The company’s revenue for the quarter was up 19.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.68 EPS. As a group, research analysts expect that Amazon.com, Inc. will post 8.01 EPS for the current year.

Insiders Place Their Bets In other news, CEO Matthew Garman sold 14,541 shares of Amazon.com stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $259.06, for a total value of $3,766,991.46. Following the completion of the transaction, the chief executive officer directly owned 17,794 shares of the company’s stock, valued at approximately $4,609,713.64. This trade represents a 44.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Brian T. Olsavsky sold 6,172 shares of the business’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $260.31, for a total value of $1,606,633.32. Following the completion of the transaction, the chief financial officer directly owned 109,207 shares in the company, valued at $28,427,674.17. This represents a 5.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 71,589 shares of company stock valued at $18,568,785 over the last quarter. Company insiders own 8.90% of the company’s stock.

Amazon.com Profile (Free Report)

Amazon.com, Inc is a global technology and e-commerce company that operates online marketplaces and provides a broad range of consumer products and services. Its retail business sells merchandise directly to customers and enables third-party sellers to offer products through Amazon’s websites and applications. The company also operates physical stores and provides services such as digital content, subscriptions, and consumer devices, including Kindle and Echo products.

Amazon Web Services (AWS) provides cloud computing, storage, database, analytics, artificial intelligence, machine learning, and other technology services to businesses, governments, and organizations.

Featured Stories Five stocks we like better than Amazon.com Meta’s Muse Highlights Arm’s Growing Role in AI Infrastructure Oura’s $15.6 Billion IPO Is Betting Investors See More Than a Smart Ring AMD Chips Away at NVIDIA’s AI Throne Is the Fed Playing Chess With Rates—Or Just Behind the Curve Again? Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).

Receive News & Ratings for Amazon.com Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Amazon.com and related companies with MarketBeat.com's FREE daily email newsletter.

Nicholas Investment Partners LP bought a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 75,046 shares of the e-commerce giant’s stock, valued at approximately $17,886,000. Amazon.com comprises 1.0% of Nicholas Investment Partners LP’s holdings, making the stock its 26th largest holding.

Several other institutional investors also recently modified their holdings of the stock. Auto Owners Insurance Co boosted its position in shares of Amazon.com by 27,376.7% during the fourth quarter. Auto Owners Insurance Co now owns 98,448,885 shares of the e-commerce giant’s stock worth $2,272,397,000 after purchasing an additional 98,090,585 shares in the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Amazon.com in the 2nd quarter valued at $16,341,405,000. Amundi increased its position in shares of Amazon.com by 14.1% in the 1st quarter. Amundi now owns 61,400,503 shares of the e-commerce giant’s stock valued at $12,787,883,000 after buying an additional 7,590,952 shares in the last quarter. Invesco Ltd. raised its stake in Amazon.com by 3.3% during the 4th quarter. Invesco Ltd. now owns 59,604,857 shares of the e-commerce giant’s stock worth $13,757,993,000 after buying an additional 1,879,630 shares during the period. Finally, Legal & General Group Plc acquired a new stake in Amazon.com during the 2nd quarter worth $12,831,376,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Amazon.com Price Performance NASDAQ:AMZN opened at $254.98 on Wednesday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03. The stock’s 50-day simple moving average is $256.47 and its 200 day simple moving average is $246.48. The company has a market cap of $2.75 trillion, a P/E ratio of 20.51, a P/E/G ratio of 2.00 and a beta of 1.44. Amazon.com, Inc. has a 52-week low of $196.00 and a 52-week high of $287.20.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.82 by $3.93. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The business had revenue of $200.61 billion for the quarter, compared to analyst estimates of $197.03 billion. During the same quarter in the prior year, the company posted $1.68 earnings per share. Amazon.com’s revenue was up 19.6% on a year-over-year basis. As a group, sell-side analysts forecast that Amazon.com, Inc. will post 8.01 EPS for the current fiscal year. Amazon.com News Summary Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: Amazon signed a Generac supply agreement worth up to $8 billion for backup generators, including approximately $2.4 billion of expected orders in 2027–2028 and warrants for Amazon. The deal highlights strong AWS data-center demand and addresses electricity constraints that could otherwise slow AI expansion. Amazon’s Generac power deal Positive Sentiment: Amazon is expanding AI-powered logistics, including smart glasses for more than 20,000 delivery drivers by 2027. The company also plans an additional $1.9 billion investment in its Delivery Service Partner program, targeting better safety, routing and delivery efficiency. Amazon delivery investment Neutral Sentiment: Amazon blocked Meta’s Muse shopping agent, citing unauthorized access, failure to identify itself and concerns involving customer credentials and data. The move protects Amazon’s control over customer relationships, checkout and marketplace data, but could cause it to lose orders initiated by outside AI agents as agentic commerce develops. Amazon and Meta Muse dispute Negative Sentiment: Shopify’s shares rallied after Meta enabled Muse to browse Shopify-powered stores and complete purchases through Shop Pay, while Amazon remained excluded. Investors may view this as a competitive advantage for Shopify and a potential threat to Amazon’s influence over future AI-driven shopping. Shopify and Meta Muse integration Negative Sentiment: Amazon’s planned AI buildout—estimated at roughly $220 billion in capital spending—continues to raise concerns about cash flow, returns on investment and possible AWS margin pressure. Higher labor costs, including a $1 increase in eligible U.S. warehouse starting pay, add to near-term expense pressure. Amazon wage investment Negative Sentiment: A U.S. financial disclosure showed sales of between $5 million and $25 million of Amazon stock by President Donald Trump in July. The transaction is historical and does not change Amazon’s fundamentals, but the disclosure may add short-term selling sentiment. Trump Amazon stock sale disclosure Analyst Upgrades and Downgrades A number of research firms have recently commented on AMZN. Citizens Jmp reaffirmed a “market outperform” rating and set a $315.00 price target on shares of Amazon.com in a research report on Friday, July 31st. Monness Crespi & Hardt boosted their price objective on Amazon.com from $315.00 to $330.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Piper Sandler reiterated an “overweight” rating and issued a $320.00 price objective (up from $315.00) on shares of Amazon.com in a research report on Friday, July 31st. Citigroup reiterated a “market outperform” rating on shares of Amazon.com in a report on Friday, August 14th. Finally, Rosenblatt Securities started coverage on shares of Amazon.com in a research report on Thursday, August 20th. They set a “buy” rating and a $335.00 price objective for the company. Fifty-six equities research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $321.19.

Read Our Latest Research Report on AMZN

Insider Activity In other news, SVP David Zapolsky sold 9,258 shares of the business’s stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $259.77, for a total transaction of $2,404,950.66. Following the transaction, the senior vice president directly owned 41,190 shares in the company, valued at $10,699,926.30. The trade was a 18.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew R. Jassy sold 20,000 shares of the company’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $5,180,200.00. Following the completion of the sale, the chief executive officer directly owned 2,235,766 shares in the company, valued at approximately $579,085,751.66. The trade was a 0.89% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 71,589 shares of company stock valued at $18,568,785. 8.90% of the stock is owned by corporate insiders.

Amazon.com Company Profile (Free Report)

Amazon.com, Inc is a global technology and e-commerce company that operates online marketplaces and provides a broad range of consumer products and services. Its retail business sells merchandise directly to customers and enables third-party sellers to offer products through Amazon’s websites and applications. The company also operates physical stores and provides services such as digital content, subscriptions, and consumer devices, including Kindle and Echo products.

Amazon Web Services (AWS) provides cloud computing, storage, database, analytics, artificial intelligence, machine learning, and other technology services to businesses, governments, and organizations.

Further Reading Five stocks we like better than Amazon.com Meta’s Muse Highlights Arm’s Growing Role in AI Infrastructure Oura’s $15.6 Billion IPO Is Betting Investors See More Than a Smart Ring AMD Chips Away at NVIDIA’s AI Throne Is the Fed Playing Chess With Rates—Or Just Behind the Curve Again? Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).

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Laura & John Arnold Foundation acquired a new stake in Amazon.com, Inc. (NASDAQ:AMZN) in the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 120,000 shares of the e-commerce giant’s stock, valued at approximately $28,601,000. Amazon.com makes up approximately 8.7% of Laura & John Arnold Foundation’s holdings, making the stock its 4th largest position.

Other hedge funds have also added to or reduced their stakes in the company. Legal & General Group Plc bought a new position in Amazon.com during the second quarter worth about $12,831,376,000. The Manufacturers Life Insurance Company acquired a new position in Amazon.com in the second quarter valued at about $3,556,828,000. Park Presidio Capital LLC bought a new stake in shares of Amazon.com in the second quarter worth about $174,140,000. Kelly Lawrence W & Associates Inc. CA bought a new stake in shares of Amazon.com in the second quarter worth about $12,563,000. Finally, Sone Capital Management LLC acquired a new stake in shares of Amazon.com during the second quarter worth about $27,118,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Analyst Ratings Changes Several research firms have recently weighed in on AMZN. Bank of America lifted their price objective on Amazon.com from $310.00 to $320.00 and gave the company a “buy” rating in a report on Friday, July 31st. Roth Capital reissued a “buy” rating and set a $325.00 target price on shares of Amazon.com in a research note on Monday, August 3rd. Telsey Advisory Group set a $335.00 target price on shares of Amazon.com and gave the stock an “outperform” rating in a report on Friday, July 31st. Barclays reaffirmed an “overweight” rating and issued a $365.00 price target (up from $330.00) on shares of Amazon.com in a research note on Friday, July 31st. Finally, Citizens Jmp reiterated a “market outperform” rating and issued a $315.00 price target on shares of Amazon.com in a report on Friday, July 31st. Fifty-six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, Amazon.com has an average rating of “Moderate Buy” and an average price target of $321.19.

Check Out Our Latest Analysis on Amazon.com Insiders Place Their Bets In other news, CEO Andrew R. Jassy sold 20,000 shares of the stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $5,180,200.00. Following the completion of the transaction, the chief executive officer directly owned 2,235,766 shares in the company, valued at $579,085,751.66. This represents a 0.89% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Brian T. Olsavsky sold 6,172 shares of the firm’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $260.31, for a total value of $1,606,633.32. Following the completion of the transaction, the chief financial officer owned 109,207 shares of the company’s stock, valued at $28,427,674.17. The trade was a 5.35% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 71,589 shares of company stock valued at $18,568,785 in the last quarter. Company insiders own 8.90% of the company’s stock.

Key Headlines Impacting Amazon.com Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: Amazon signed a Generac supply agreement worth up to $8 billion for backup generators, including approximately $2.4 billion of expected orders in 2027–2028 and warrants for Amazon. The deal highlights strong AWS data-center demand and addresses electricity constraints that could otherwise slow AI expansion. Amazon’s Generac power deal Positive Sentiment: Amazon is expanding AI-powered logistics, including smart glasses for more than 20,000 delivery drivers by 2027. The company also plans an additional $1.9 billion investment in its Delivery Service Partner program, targeting better safety, routing and delivery efficiency. Amazon delivery investment Neutral Sentiment: Amazon blocked Meta’s Muse shopping agent, citing unauthorized access, failure to identify itself and concerns involving customer credentials and data. The move protects Amazon’s control over customer relationships, checkout and marketplace data, but could cause it to lose orders initiated by outside AI agents as agentic commerce develops. Amazon and Meta Muse dispute Negative Sentiment: Shopify’s shares rallied after Meta enabled Muse to browse Shopify-powered stores and complete purchases through Shop Pay, while Amazon remained excluded. Investors may view this as a competitive advantage for Shopify and a potential threat to Amazon’s influence over future AI-driven shopping. Shopify and Meta Muse integration Negative Sentiment: Amazon’s planned AI buildout—estimated at roughly $220 billion in capital spending—continues to raise concerns about cash flow, returns on investment and possible AWS margin pressure. Higher labor costs, including a $1 increase in eligible U.S. warehouse starting pay, add to near-term expense pressure. Amazon wage investment Negative Sentiment: A U.S. financial disclosure showed sales of between $5 million and $25 million of Amazon stock by President Donald Trump in July. The transaction is historical and does not change Amazon’s fundamentals, but the disclosure may add short-term selling sentiment. Trump Amazon stock sale disclosure Amazon.com Trading Down 1.3% NASDAQ:AMZN opened at $254.98 on Wednesday. Amazon.com, Inc. has a twelve month low of $196.00 and a twelve month high of $287.20. The company has a quick ratio of 0.87, a current ratio of 1.03 and a debt-to-equity ratio of 0.23. The business has a 50 day moving average price of $256.47 and a two-hundred day moving average price of $246.48. The company has a market cap of $2.75 trillion, a P/E ratio of 20.51, a price-to-earnings-growth ratio of 2.00 and a beta of 1.44.

Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.82 by $3.93. The company had revenue of $200.61 billion for the quarter, compared to the consensus estimate of $197.03 billion. Amazon.com had a net margin of 17.44% and a return on equity of 18.00%. The firm’s revenue was up 19.6% compared to the same quarter last year. During the same period last year, the company earned $1.68 earnings per share. As a group, analysts expect that Amazon.com, Inc. will post 8.01 EPS for the current fiscal year.

Amazon.com Company Profile (Free Report)

Amazon.com, Inc is a global technology and e-commerce company that operates online marketplaces and provides a broad range of consumer products and services. Its retail business sells merchandise directly to customers and enables third-party sellers to offer products through Amazon’s websites and applications. The company also operates physical stores and provides services such as digital content, subscriptions, and consumer devices, including Kindle and Echo products.

Amazon Web Services (AWS) provides cloud computing, storage, database, analytics, artificial intelligence, machine learning, and other technology services to businesses, governments, and organizations.

See Also Five stocks we like better than Amazon.com Meta’s Muse Highlights Arm’s Growing Role in AI Infrastructure Oura’s $15.6 Billion IPO Is Betting Investors See More Than a Smart Ring AMD Chips Away at NVIDIA’s AI Throne Is the Fed Playing Chess With Rates—Or Just Behind the Curve Again? Want to see what other hedge funds are holding AMZN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Amazon.com, Inc. (NASDAQ:AMZN – Free Report).

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