Track market-moving stories before they get noisy

Turim 21 Investimentos Ltda. acquired a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 101,621 shares of the e-commerce giant’s stock, valued at approximately $24,220,000. Amazon.com accounts for 3.9% of Turim 21 Investimentos Ltda.’s investment portfolio, making the stock its 9th biggest holding.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. one8zero8 LLC bought a new stake in shares of Amazon.com in the second quarter valued at about $10,440,000. Kentucky Farm Bureau Mutual Insurance Co bought a new stake in Amazon.com in the 2nd quarter valued at about $10,844,000. Addison Advisors LLC acquired a new position in shares of Amazon.com during the 2nd quarter worth approximately $694,000. DeLarme Wealth Management Inc. acquired a new position in shares of Amazon.com during the 2nd quarter worth approximately $531,000. Finally, Mmbg Investment Advisors CO. bought a new position in shares of Amazon.com during the second quarter worth approximately $95,171,000. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Amazon.com Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: Large AI infrastructure commitments support AWS growth. Amazon reportedly could purchase up to $60 billion of Qualcomm AI chips, while its partnership with Wiwynn will expand U.S. server manufacturing capacity and create nearly 1,000 jobs. These developments reinforce Amazon’s long-term investment in cloud and artificial-intelligence infrastructure. Amazon Could Buy Up to $60 Billion From Qualcomm Positive Sentiment: Anthropic stake and operating outlook remain potential value drivers. Reports that Anthropic expects a second consecutive quarter of adjusted operating profit—and could pursue a valuation of as much as $2 trillion—highlight the potential value of Amazon’s roughly $13 billion investment in the AI developer. Anthropic Expects a Second Straight Quarter of Adjusted Operating Profit Positive Sentiment: Retail and advertising initiatives offer additional support. Amazon India’s rapid-delivery service reportedly surpassed $1 billion in annualized sales, and the company scheduled Prime Big Deal Days for October 6–7. Amazon also expanded its advertising reach through a pilot with ChatGPT. Amazon India’s Amazon Now Tops $1 Billion Neutral Sentiment: Analysts remain broadly optimistic. Coverage indicates Amazon has no sell ratings and continued confidence in earnings, cash flow and AWS growth, although bullish ratings have not prevented near-term volatility. Is It Worth Investing in Amazon Based on Wall Street’s Bullish Views? Negative Sentiment: AWS cannot restore access to damaged facilities in Bahrain and the UAE. The prolonged loss of access to customer data and cloud availability zones raises concerns about service resilience, customer retention, potential costs and reputational damage. This was the most direct company-specific pressure on AMZN. AWS Unable to Restore Access After War Damage Negative Sentiment: Macro and competitive pressures weighed on technology stocks. Investors prepared for a Federal Reserve rate decision amid higher yields and oil prices, while commentary suggested AWS cloud growth is lagging Microsoft Azure and Google Cloud in AI. Amazon also paused operations with 21 Air after a fatal cargo-plane crash, adding logistics and reputational risk. Amazon Stock Slides: What’s Happening? Amazon.com Stock Down 2.0% AMZN stock opened at $248.42 on Wednesday. The firm has a 50-day moving average price of $255.80 and a 200-day moving average price of $244.98. 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 market capitalization of $2.68 trillion, a P/E ratio of 19.99, a price-to-earnings-growth ratio of 1.95 and a beta of 1.44. 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 (EPS) for the quarter, beating the consensus estimate of $1.82 by $3.93. The company 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 firm’s revenue was up 19.6% on a year-over-year basis. During the same period in the previous year, the firm posted $1.68 EPS. As a group, equities research analysts anticipate that Amazon.com, Inc. will post 8.05 EPS for the current fiscal year.

Insider Activity at Amazon.com In other Amazon.com news, SVP David Zapolsky sold 9,258 shares of the company’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 completion of the transaction, the senior vice president owned 41,190 shares of the company’s stock, valued at $10,699,926.30. This represents a 18.35% decrease in their position. The sale 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 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 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 $579,085,751.66. This represents 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. Insiders have 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 company insiders.

Wall Street Analysts Forecast Growth A number of equities research analysts recently issued reports on the company. Rosenblatt Securities began coverage on Amazon.com in a research report on Thursday, August 20th. They set a “buy” rating and a $335.00 price target on the stock. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $320.00 price objective (down from $330.00) on shares of Amazon.com in a report on Friday, July 31st. Truist Financial upped their target price on Amazon.com from $320.00 to $350.00 and gave the company a “buy” rating in a research report on Friday, July 31st. Raymond James Financial reissued an “outperform” rating and set a $390.00 target price (up from $280.00) on shares of Amazon.com in a report on Friday, July 31st. Finally, Roth Capital reissued a “buy” rating and issued a $325.00 target price on shares of Amazon.com in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $323.26.

Get 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.

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Amazon today announced that its Alexa+ conversational assistant is available in India with Hindi support. The new assistant can hold conversations for longer and maintain context while doing so.

The feature is available to all customers in the country in Early Access in Hindi and English. After the early testing period, the company will make the assistant free for Prime customers. For non-Prime customers, the price would be ₹2,000 per month ($20.85).

The company said that the new Alexa has a more expressive voice and can handle complex multi-step tasks, including ordering groceries from Amazon’s quick commerce service Amazon Now and turning on/off smart home devices. Users can switch between English and Hindi mid-sentence.

Amazon added that Alexa+ is integrated with India-based services such as food delivery service Swiggy, Zomato’s ticket booking platform District, travel websites like TripAdvisor and MakeMyTrip, and restaurant reservation app EazyDiner. The upgraded assistant is also integrated with music streaming services such as Amazon Music and JioSaavn.

In June, TechCrunch reported that the company had invited users to enroll in a testing program for Alexa+, through which they could have conversations with the assistant in Hindi. After that, the company also started testing an English version of Alexa+.

Amazon launched Alexa in India in English in 2017 and added Hindi support in 2019. The country has more than 600 million Hindi speakers, and Amazon is trying to tap into that market with its smart devices and new features. The company didn’t give absolute numbers, but said that its smart home devices have grown by 20% from last year.

Amazon initially announced gen AI-powered Alexa+ in 2025 and made it available to all U.S.-based users in 2026. This year, the company has also launched its new assistant in markets such as the U.K., Canada, Brazil, Mexico, Italy, and Germany with local language context.

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Ivan covers global consumer tech developments at TechCrunch. He is based out of India and has previously worked at publications including Huffington Post and The Next Web.

You can contact or verify outreach from Ivan by emailing [email protected] or via encrypted message at ivan.42 on Signal.

A worker scans an Amazon package on a Prime delivery truck in New York Bloomberg/Getty Images Amazon is plotting an unprecedented expansion of its same-day delivery operation that could redraw the map of American retail and take on Walmart's biggest advantage in everyday shopping.

The initiative, codenamed Project Mercury, would expand Amazon's same-day fulfillment network to more than 1,000 locations by 2031, an increase of more than tenfold from the roughly 85 facilities the company operates today, according to internal planning documents reviewed by Business Insider.

The effort will cost billions of dollars and could reshape how Americans shop for everyday items such as fresh food, paper towels, and cough medicine.

Walmart, with thousands of huge stores close to most US consumers, has dominated this valuable, sticky market. Amazon is betting it can rewrite the rules of everyday retail by moving inventory dramatically closer to customers through hundreds of new Same Day Fulfillment Centers, or SSDs, which stock its 90,000 most popular products.

"Transformational"One document described Project Mercury as a "transformational initiative to reshape the Same-Day Delivery network."

The project fundamentally redesigns this network around shorter distances. Amazon currently puts these same-day facilities about a 90-minute drive from customers. Now, it aims to put SSDs within a 10-mile straight-line radius of 80% of Prime subscribers in the US by 2031, according to the documents.

An Amazon spokesperson told Business Insider that internal projections are "preliminary, subject to significant revision, and shouldn't be treated as finalized plans." Amazon's same-day network currently serves more than 10,000 cities and towns, including rural communities, the spokesperson added, though same-day orders aren't exclusively fulfilled through SSD facilities.

"That said, it's no secret that we're focused on delivering faster for customers and the expansion of our same-day delivery network is playing a big role in that," the spokesperson said. "We continue to invest in fast delivery speed and convenience alongside wide selection and everyday low prices."

Taking on Walmart's physical advantageThe plan could help Amazon attack one of Walmart's biggest advantages in the fight over groceries and other everyday purchases: physical proximity to customers.

Roughly 90% of the US population lives within 10 miles of a Walmart or Sam's Club, giving the retailer thousands of stores that double as local fulfillment hubs. Walmart says 95% of US households can now receive delivery in under three hours.

Amazon has been attacking the problem from several directions. Business Insider previously reported on Project Kobe, Amazon's plan for Walmart-sized stores with large automated backrooms that could fulfill online orders and function as local-delivery hubs.

Amazon is also testing an all-day delivery model with 10 overlapping delivery windows, while expanding Amazon Now, its ultrafast service for everyday essentials, and using SSDs as launch points for its drone delivery service Prime Air.

Amazon's worryIn some regions, Amazon has expressed concern about its lack of really fast delivery speeds, and how that undermines efforts to gain more retail market share.

In Canada, an internal planning document noted that major retailers were "outpacing our delivery capabilities," citing investments by Walmart and Best Buy.

Mercury takes a different approach. Instead of replicating Walmart's store network, Amazon would build a much denser web of specialized fulfillment centers designed to get popular inventory closer to customers.

That proximity is increasingly important as Amazon pushes deeper into groceries and everyday essentials. Amazon says its grocery business now generates more than $150 billion in annual gross sales, though that includes nonperishable products beyond traditional fresh grocery. Walmart's grocery business is much bigger.

Employees unload online pickup orders at a Walmart store in Grand Prairie, Texas  Bloomberg/Getty Images A smaller warehouse for a bigger networkMercury would require Amazon to build hundreds of facilities in just a few years.

One way Amazon hopes to accelerate the expansion is through Orbital, a smaller warehouse system Business Insider previously reported on.

These roughly 100,000-square-foot facilities are expected to process about 75,000 same-day and perishable units a day, according to the documents. Amazon estimated each Orbital facility would require about $48.4 million in capital spending.

Mercury's internal projections show how important SSDs could eventually become. They are projected to account for about 28% of Amazon-fulfilled volume in 2029 and 50% by 2035, according to the documents.

Amazon's vision of same-day delivery doesn't necessarily mean instant delivery. Internal forecasts show roughly 94% of packages moving through its dedicated same-day buildings would fall into a five-hour delivery window by 2029.

Amazon sees billions in potential valueAmazon's finance team has already reviewed Mercury's economics, with Udit Madan, an up-and-coming SVP overseeing worldwide operations, directly involved, according to the documents.

Its three-year operating plan budgets $6.8 billion for US SSD capacity across 2026 and 2027. Separately, an Amazon finance review estimated Mercury could generate $7.1 billion in economic value over 10 years and turn cash-flow positive by 2030. The company also believes some Mercury spending could be offset by avoiding conventional delivery facilities it would otherwise need to build.

The logic behind the expansion is simpler: Amazon believes faster delivery can make customers shop more.

"When we speed up the service, the probability that somebody buys a product from us goes up," Doug Herrington, Amazon's CEO of Worldwide Stores, said on a podcast earlier this year. "And what's even more interesting is that if they buy it, they're going to come back sooner, and they're going to shop more when they do."

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Eugene Kim You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.

Eugene is Business Insider’s Chief Tech Correspondent, where he leads coverage of Amazon. His reporting spans the company’s retail and logistics operations to AWS, Alexa, and its internal culture.Previously, he worked at CNBC, Fortune Magazine Korea, and Japan's Yomiuri Shimbun. He holds degrees from NYU and Columbia University’s Graduate School of Journalism.In 2022, Eugene reported on internal documents indicating that Amazon allegedly used deceptive tactics to enroll customers in Prime and made cancellation difficult. The Federal Trade Commission sued Amazon the following year, citing his reporting. The case ended in a record $2.5 billion settlement in 2025.His work has received multiple honors, including the SF Press Club’s Bay Area Journalism Award and SPJ NorCal’s Excellence in Journalism Award.Eugene lives in the Bay Area. Contact him via email at [email protected], or Signal, Telegram, or WhatsApp at 650-942-3061. Use a personal email address, a nonwork WiFi network, and a nonwork device; here's our guide to sharing information securely.

Amazon Walmart Delivery More E-Commerce Logistics Retail Exclusive Shopping Best Buy

Amazon (AMZN - Free Report) closed the most recent trading day at $248.24, moving -2.09% from the previous trading session. The stock trailed the S&P 500, which registered a daily loss of 0.45%. On the other hand, the Dow registered a loss of 0.63%, and the technology-centric Nasdaq decreased by 0.78%.

The online retailer's shares have seen a decrease of 2.97% over the last month, surpassing the Retail-Wholesale sector's loss of 5.39% and falling behind the S&P 500's loss of 1.99%.

Investors will be eagerly watching for the performance of Amazon in its upcoming earnings disclosure. In that report, analysts expect Amazon to post earnings of $2.03 per share. This would mark year-over-year growth of 4.1%. Alongside, our most recent consensus estimate is anticipating revenue of $201.93 billion, indicating a 12.08% upward movement from the same quarter last year.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $13.06 per share and a revenue of $829.39 billion, representing changes of +82.15% and +15.69%, respectively, from the prior year.

Any recent changes to analyst estimates for Amazon should also be noted by investors. These latest adjustments often mirror the shifting dynamics of short-term business patterns. As such, positive estimate revisions reflect analyst optimism about the business and profitability.

Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To take advantage of this, we've established the Zacks Rank, an exclusive model that considers these estimated changes and delivers an operational rating system.

Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. The Zacks Consensus EPS estimate remained stagnant within the past month. Amazon is holding a Zacks Rank of #3 (Hold) right now.

In terms of valuation, Amazon is presently being traded at a Forward P/E ratio of 19.42. Its industry sports an average Forward P/E of 16.74, so one might conclude that Amazon is trading at a premium comparatively.

It is also worth noting that AMZN currently has a PEG ratio of 1.21. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. As of the close of trade yesterday, the Internet - Commerce industry held an average PEG ratio of 1.21.

The Internet - Commerce industry is part of the Retail-Wholesale sector. This industry, currently bearing a Zacks Industry Rank of 159, finds itself in the bottom 36% echelons of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

To follow AMZN in the coming trading sessions, be sure to utilize Zacks.com.

Mega-Cap Tech Nears Breakout as Magnificent Seven Regains Momentum Summary

Mega-cap technology stocks are approaching a key technical level that could determine whether their 2026 sideways trend finally ends

The Magnificent Seven may be approaching a technical turning point after spending much of 2026 moving within a narrow range, with the Roundhill Magnificent Seven ETF (MAGS) trading near a key resistance area.

MAGS recently stood around $69.75, while its 2026 high was about $70.80. A sustained move above that level could indicate renewed demand for the mega-cap technology group and potentially improve the outlook for large-cap growth stocks.

The equal-weight ETF holds Alphabet (GOOG), Amazon (AMZN), Apple (AAPL), Meta Platforms (META), Microsoft MSFT, Nvidia NVDA and Tesla TSLA. MAGS has gained about 5.6% this year, compared with a roughly 10.2% advance for the S&P 500.

Technical traders are watching the low-$70 range as a potential breakout zone. Failure to move through that area could leave MAGS within its current range, while stronger volume and follow-through above resistance may provide additional confirmation of a shift in momentum.

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.

Click for the complete disclosure

October could provide an early read on holiday demand Summary

Prime members get 48 hours of deals starting Oct. 6

Amazon (AMZN) is bringing Prime Big Deal Days back on Oct. 6 and 7, giving investors an early test of holiday spending and another opportunity to see whether the e-commerce giant can convert faster delivery, Prime loyalty, and new AI shopping tools into stronger retail growth. The 48-hour event arrives as Amazon’s North American business is already accelerating, raising the stakes for its fourth-quarter shopping season.

Prime members will get exclusive deals across more than 35 categories, including technology, beauty, fashion, and kitchen and home products. Amazon said new offers will drop three times each day through Today’s Big Deals, while Alexa for Shopping can alert customers when selected products go on sale and recommend discounts based on shopping history and preferences.

“Once fall arrives, there's so much to get ready for—the hosting, the decorating, the holiday gifting—and Prime Big Deal Days makes it easy to check it all off while saving,” said Carmen Nestares, vice president of North America marketing and Prime Tech.

The event effectively pulls holiday demand into early October, helping Amazon lock in consumer spending before Black Friday while reinforcing the value of Prime membership. Amazon says more than one million products will be offered at their lowest prices of the year so far.

That comes against a strong operating backdrop. Amazon’s second-quarter revenue climbed 20% to $200.6 billion, while North America sales rose 16% to $116.2 billion. Operating income increased 43% to $27.5 billion, giving the company considerably more earnings momentum heading into the holiday period.

What Amazon investors should watch nextPrime Big Deal Days matters less for two days of sales than for what it reveals about consumer demand heading into the crucial fourth quarter.

Investors should watch North America sales growth, retail operating margins, Prime engagement, and whether promotional traffic lifts Amazon’s higher-margin advertising business. Delivery efficiency is another key metric because heavier order volumes can pressure fulfillment costs if productivity fails to keep pace.

A strong October event would reinforce evidence that Amazon’s retail engine remains healthy alongside booming AWS growth. Weak demand or unusually aggressive discounting, however, could signal that consumers are becoming more cautious just before the most important shopping period of the year.

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.

Click for the complete disclosure

Key Takeaways Consumer discretionary stocks face pressure as higher rates squeeze consumer spending and corporate margins.ETFs like XLY hold rate-sensitive names including Amazon, Tesla and Home Depot.Consumer discretionary ETFs saw $528.3 million in weekly outflows as rate-hike odds increased. A rapid resurgence in U.S. inflation numbers, with August CPI held at 3.4%, along with a dramatic spike in crude oil prices toward $100 a barrel, has been calling for a strict monetary policy measure from the nation’s central bank. Consequently, the Federal Reserve is expected to raise rates by a quarter-point at tomorrow’s FOMC meeting, with markets pricing a 92% probability — up sharply from 59% a week ago. 

As higher rates raise borrowing costs, consumers' ability to spend on discretionary goods gets squeezed, placing consumer discretionary stocks directly in the crosshairs. 

This environment puts a critical spotlight on consumer discretionary stocks and, by extension, exchange-traded funds (ETFs) that hold them, as investors seek to gauge how exposed the industry really is. 

But before we jump into the specifics of these ETFs, let us dissect the macro dynamics connecting monetary policy to consumer behavior, evaluate high-risk stock exposure and outline strategic ETF positioning.

The Connection: How Rate Hikes Pressure Discretionary StocksRate hikes hit discretionary stocks through three channels. 

First, rate hikes will push credit card APRs as well as 30-year mortgage rates further up, thereby cutting disposable income for U.S. consumers. When non-essential household budgets tighten, sales velocities slow down rapidly across discretionary retail items, putting stocks like Amazon (AMZN - Free Report) , particularly its e-commerce platform, as well as Alibaba (BABA - Free Report) in direct line of fire.

Second, as rate hikes make debt more expensive, higher corporate funding costs can squeeze profit margins. Notably, credit-dependent businesses — such as major homebuilders and associated suppliers like Home Depot (HD - Free Report) and automotive manufacturers like Tesla (TSLA - Free Report) — face immediate headwind pressure as financing options become costlier. 

Third, the 10-year Treasury yield in the United States is currently 5.025%, the highest since 2007, which is compressing equity growth valuations, including those for discretionary stocks.

The ETF Playbook at BayAs rate-sensitive stocks like those mentioned above occupy central weightings within top consumer discretionary ETFs, single-stock downturns quickly translate into broader ETF performance drags.

Notably, Jefferies recently reported $528.3 million in weekly outflows from consumer discretionary ETFs as hike odds rose.

That said, history offers some comfort, with Goldman Sachs’ strategists mentioning the S&P 500 index to have averaged 9% over the 12 months following the first hike of seven prior hiking cycles (as cited in Investing.com). 

As agentic AI and digital personalization are transforming retail traffic engagement, data-rich brands may enjoy an advantage in customer retention and protect their profit margins. Thus, while the consumer discretionary industry faces near-term pressure, its long-term outlook remains cautiously optimistic.

Therefore, rather than liquidating long-term consumer positions entirely, holding core ETF allocations should allow investors to capture underlying economic resilience while softening drawdowns caused by transient hawkish policy turns.

Consumer Discretionary ETFs to HoldState Street Consumer Discretionary Select Sector SPDR ETF (XLY - Free Report)

This fund, with assets under management (AUM) worth $21.40 billion, offers exposure to 47 companies in specialty retail; broadline retail; hotels, restaurants and leisure; textiles, apparel and luxury goods; household durables; automobiles; automobile components; distributors; leisure products; and diversified consumer services. 

AMZN holds the first spot in this fund, with 24.91% weightage, while TLSA holds the second spot with 17.75% weightage. HD holds the third spot in this fund, with 5.31% weightage.

XLY charges 8 basis points (bps) in fees. It traded at a good volume of 5.28 million shares in the last trading session. 

iShares Global Consumer Discretionary ETF (RXI - Free Report)

This fund, with net assets worth $249 million, provides exposure to 131 global companies producing non-essential goods and services. AMZN holds the first spot in this fund, with 16.63% weightage, while TLSA holds the second spot with 6.80% weightage. HD holds the third spot in this fund, with 4.36% weightage, while BABA enjoys the fourth position with 4.33% weightage.

RXI charges 37 bps in fees. It traded at a volume of 0.05 million shares in the last trading session. 

ProShares Online Retail ETF (ONLN - Free Report)

This fund, with net assets worth $59.5 million, provides exposure to 22 retail stocks that principally sell online or through other non-store channels. AMZN holds the first spot in this fund, with a 24.40% weight, while BABA holds the third position with 8.29% weightage. 

ONLN charges 58 bps in fees. It traded at a volume of 0.01 million shares in the last trading session. 

VanEck Consumer Discretionary TruSector ETF (TRUD - Free Report)

This fund, with net assets worth $59.4 million, provides exposure to securities of consumer discretionary-related companies or instruments that provide exposure to consumer discretionary-related companies. AMZN holds the second spot in this fund, with a 27.59% weight, while

TSLA holds the third position with 6.72% weightage. HD enjoys the fourth position with 2.01% weight.

TRUD charges 16 bps in fees. It traded at a volume of 0.03 million shares in the last trading session.

Compass Wealth Management LLC bought a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 6,653 shares of the e-commerce giant’s stock, valued at approximately $1,586,000.

A number of other large investors also recently added to or reduced their stakes in AMZN. Auto Owners Insurance Co increased its stake in 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 valued at $2,272,397,000 after purchasing an additional 98,090,585 shares in the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Amazon.com during the second quarter worth $16,341,405,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Amazon.com during the second quarter valued at $6,631,466,000. Danske Bank A S purchased a new stake in shares of Amazon.com during the second quarter valued at $2,494,705,000. Finally, Arrowstreet Capital Limited Partnership increased its position in shares of Amazon.com by 32.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 32,578,171 shares of the e-commerce giant’s stock valued at $6,785,036,000 after acquiring an additional 7,924,943 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

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

Positive Sentiment: Amazon’s advertising business is expanding beyond its own properties through a pilot partnership that lets select advertisers extend Amazon campaigns into ChatGPT. The initiative could broaden Amazon DSP’s reach and create a new revenue channel, although financial terms remain undisclosed. Amazon Is Becoming a Gateway to ChatGPT Ads Positive Sentiment: Zoox is entering San Francisco’s robotaxi market, increasing Amazon’s exposure to autonomous transportation and creating potential long-term upside if the service scales successfully. Amazon’s Zoox Enters San Francisco’s Crowded Robotaxi Market Positive Sentiment: Amazon completed a £4.242 billion sterling-denominated senior debt offering, supporting its U.K. operations and broader funding needs. The issuance improves liquidity flexibility but also adds to the company’s debt load. Amazon Boosts UK Presence With Sterling Debt Offering Amazon.com Price Performance NASDAQ:AMZN opened at $253.54 on Tuesday. The stock has a 50 day moving average of $255.75 and a two-hundred day moving average of $244.72. Amazon.com, Inc. has a 12 month low of $196.00 and a 12 month high of $287.20. The firm has a market cap of $2.73 trillion, a P/E ratio of 20.40, a price-to-earnings-growth ratio of 1.98 and a beta of 1.44. 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 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. The business had revenue of $200.61 billion for the quarter, compared to the consensus estimate of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The business’s quarterly revenue was up 19.6% compared to the same quarter last year. During the same quarter last year, the business posted $1.68 earnings per share. On average, analysts expect that Amazon.com, Inc. will post 8.05 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth Several research firms have weighed in on AMZN. Needham & Company LLC reiterated a “buy” rating and set a $300.00 price target on shares of Amazon.com in a research note on Friday, July 31st. JPMorgan Chase & Co. lifted their target price on Amazon.com from $330.00 to $365.00 and gave the stock an “overweight” rating in a report on Friday, July 31st. Deutsche Bank Aktiengesellschaft reiterated 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. 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. Finally, Citigroup reissued a “market outperform” rating on shares of Amazon.com in a research report on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $323.26.

View Our Latest Analysis on Amazon.com

Insider Buying and Selling In other news, CEO Douglas J. Herrington sold 6,362 shares of the company’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 value 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 $123,465,145.81. This represents a 1.32% decrease in their ownership of the stock. 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, CFO Brian T. Olsavsky sold 6,172 shares of the stock in a transaction that occurred on 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 sale, the chief financial officer directly owned 109,207 shares of the company’s stock, valued at approximately $28,427,674.17. This represents a 5.35% 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 have sold a total of 71,589 shares of company stock worth $18,568,785 in the last ninety days. Company insiders own 8.90% of the company’s stock.

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.

Featured Articles Five stocks we like better than Amazon.com Analysts Are Punting Their Calls Into the Next Quarter After Adobe’s Mixed Earnings Institutional Money Is Pouring Into These 2 Altcoin ETFs The End of Big Tech Buybacks? Only One Hyperscaler Is Still Repurchasing Shares 3 Dividend Kings to Buy While They’re Still Beaten Down 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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TPG Financial Advisors LLC bought a new stake in Amazon.com, Inc. (NASDAQ:AMZN) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,121 shares of the e-commerce giant’s stock, valued at approximately $744,000. Amazon.com comprises approximately 0.2% of TPG Financial Advisors LLC’s investment portfolio, making the stock its 25th largest position.

Other large investors also recently made changes to their positions in the company. Auto Owners Insurance Co grew its position in 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 purchasing an additional 98,090,585 shares in the last quarter. Bank of New York Mellon Corp bought a new position in shares of Amazon.com in the second quarter valued at approximately $16,341,405,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in shares of Amazon.com during the second quarter valued at approximately $6,631,466,000. Danske Bank A S purchased a new stake in shares of Amazon.com during the second quarter valued at approximately $2,494,705,000. Finally, Arrowstreet Capital Limited Partnership lifted its holdings in Amazon.com by 32.1% during the first quarter. Arrowstreet Capital Limited Partnership now owns 32,578,171 shares of the e-commerce giant’s stock worth $6,785,036,000 after acquiring an additional 7,924,943 shares during the period. 72.20% of the stock is owned by institutional investors.

Amazon.com Price Performance NASDAQ AMZN opened at $253.54 on Tuesday. The company has a market cap of $2.73 trillion, a PE ratio of 20.40, a price-to-earnings-growth ratio of 1.98 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. 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’s 50-day simple moving average is $255.75 and its two-hundred day simple moving average is $244.72.

Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $197.03 billion. During the same quarter last year, the company earned $1.68 earnings per share. The company’s revenue was up 19.6% on a year-over-year basis. Research analysts predict that Amazon.com, Inc. will post 8.05 earnings per share for the current year. Insider Buying and Selling In other Amazon.com news, CEO Douglas J. Herrington sold 6,362 shares of the business’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 $1,647,821.62. Following the sale, the chief executive officer owned 476,681 shares of the company’s stock, valued at $123,465,145.81. The trade was a 1.32% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available 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 stock in a transaction 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 in the company, valued at approximately $28,427,674.17. This represents a 5.35% 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 71,589 shares of company stock worth $18,568,785 in the last 90 days. 8.90% of the stock is currently owned by company insiders.

Analyst Ratings Changes A number of brokerages have issued reports on AMZN. Barclays restated an “overweight” rating and issued a $365.00 price objective (up from $330.00) on shares of Amazon.com in a research note on Friday, July 31st. The Goldman Sachs Group reissued a “buy” rating and issued a $375.00 price target (up from $335.00) on shares of Amazon.com in a report on Friday, July 31st. Raymond James Financial restated an “outperform” rating and set a $390.00 price target (up from $280.00) on shares of Amazon.com in a research report on Friday, July 31st. Mizuho set a $330.00 price objective on shares of Amazon.com and gave the stock an “outperform” rating in a report on Friday, July 31st. Finally, Cantor Fitzgerald reiterated an “overweight” rating and issued a $320.00 target price (down from $330.00) on shares of Amazon.com in a research note on Friday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $323.26.

View Our Latest Stock Report on Amazon.com

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

Positive Sentiment: Amazon’s advertising business is expanding beyond its own properties through a pilot partnership that lets select advertisers extend Amazon campaigns into ChatGPT. The initiative could broaden Amazon DSP’s reach and create a new revenue channel, although financial terms remain undisclosed. Amazon Is Becoming a Gateway to ChatGPT Ads Positive Sentiment: Zoox is entering San Francisco’s robotaxi market, increasing Amazon’s exposure to autonomous transportation and creating potential long-term upside if the service scales successfully. Amazon’s Zoox Enters San Francisco’s Crowded Robotaxi Market Positive Sentiment: Amazon completed a £4.242 billion sterling-denominated senior debt offering, supporting its U.K. operations and broader funding needs. The issuance improves liquidity flexibility but also adds to the company’s debt load. Amazon Boosts UK Presence With Sterling Debt Offering 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.

Recommended Stories Five stocks we like better than Amazon.com Analysts Are Punting Their Calls Into the Next Quarter After Adobe’s Mixed Earnings Institutional Money Is Pouring Into These 2 Altcoin ETFs The End of Big Tech Buybacks? Only One Hyperscaler Is Still Repurchasing Shares 3 Dividend Kings to Buy While They’re Still Beaten Down 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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Great Lakes Advisors LLC purchased a new position in Amazon.com, Inc. (NASDAQ:AMZN) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 2,187,677 shares of the e-commerce giant’s stock, valued at approximately $521,412,000. Amazon.com comprises 4.0% of Great Lakes Advisors LLC’s holdings, making the stock its largest position.

Several other large investors also recently modified their holdings of AMZN. Longfellow Investment Management Co. LLC purchased a new position in Amazon.com in the second quarter worth about $33,000. MilWealth Group LLC increased its position in shares of 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 purchasing an additional 79 shares during the last quarter. Lifetime Wealth Management P.C. purchased a new stake in shares of Amazon.com during the 4th quarter valued at about $45,000. Prudent Man Investment Management Inc. lifted its stake in shares of Amazon.com by 87.7% in the 4th quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant’s stock worth $53,000 after purchasing an additional 107 shares during the period. Finally, Strategic Wealth Advisors LLC purchased a new position in shares of Amazon.com in the fourth quarter worth approximately $68,000. Institutional investors own 72.20% of the company’s stock.

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

Positive Sentiment: Amazon’s advertising business is expanding beyond its own properties through a pilot partnership that lets select advertisers extend Amazon campaigns into ChatGPT. The initiative could broaden Amazon DSP’s reach and create a new revenue channel, although financial terms remain undisclosed. Amazon Is Becoming a Gateway to ChatGPT Ads Positive Sentiment: Zoox is entering San Francisco’s robotaxi market, increasing Amazon’s exposure to autonomous transportation and creating potential long-term upside if the service scales successfully. Amazon’s Zoox Enters San Francisco’s Crowded Robotaxi Market Positive Sentiment: Amazon completed a £4.242 billion sterling-denominated senior debt offering, supporting its U.K. operations and broader funding needs. The issuance improves liquidity flexibility but also adds to the company’s debt load. Amazon Boosts UK Presence With Sterling Debt Offering Amazon.com Stock Performance Shares of NASDAQ AMZN opened at $253.54 on Tuesday. The company has a market cap of $2.73 trillion, a P/E ratio of 20.40, a P/E/G ratio of 1.98 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. 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 firm’s fifty day moving average is $255.75 and its two-hundred day moving average is $244.72. Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly earnings data 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 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 business’s revenue was up 19.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.68 EPS. As a group, analysts anticipate that Amazon.com, Inc. will post 8.05 EPS for the current fiscal year.

Insider Buying and Selling In other news, CEO Andrew R. Jassy sold 20,000 shares of the company’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 $5,180,200.00. Following the sale, the chief executive officer directly owned 2,235,766 shares of the company’s stock, valued at $579,085,751.66. This represents a 0.89% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,258 shares of the stock in a transaction on 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 owned 41,190 shares of the company’s stock, valued at $10,699,926.30. This trade represents a 18.35% 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 valued at $18,568,785 in the last ninety days. Company insiders own 8.90% of the company’s stock.

Analysts Set New Price Targets Several research analysts have weighed in on the stock. Evercore set a $355.00 price target on shares of Amazon.com and gave the stock an “outperform” rating in a research report on Friday, August 28th. Jefferies Financial Group reissued a “buy” rating on shares of Amazon.com in a research report on Thursday, June 18th. Roth Capital reaffirmed a “buy” rating and issued a $325.00 target price on shares of Amazon.com in a report on Monday, August 3rd. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amazon.com in a report on Monday, August 3rd. Finally, Pivotal Research reiterated a “buy” rating and set a $333.00 target price (up from $320.00) on shares of Amazon.com in a research report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $323.26.

Read Our Latest Report on Amazon.com

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.

See Also Five stocks we like better than Amazon.com Analysts Are Punting Their Calls Into the Next Quarter After Adobe’s Mixed Earnings Institutional Money Is Pouring Into These 2 Altcoin ETFs The End of Big Tech Buybacks? Only One Hyperscaler Is Still Repurchasing Shares 3 Dividend Kings to Buy While They’re Still Beaten Down 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.

Dala Group 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 and Exchange Commission (SEC). The fund bought 8,175 shares of the e-commerce giant’s stock, valued at approximately $1,948,000. Amazon.com makes up approximately 1.6% of Dala Group LLC’s investment portfolio, making the stock its 12th largest holding.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Trust Asset Management LLC grew its position in shares of Amazon.com by 3.3% during the second quarter. Trust Asset Management LLC now owns 107,563 shares of the e-commerce giant’s stock worth $26,000 after buying an additional 3,414 shares in the last quarter. Longfellow Investment Management Co. LLC acquired a new stake in Amazon.com in the second 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. Lifetime Wealth Management P.C. bought a new stake in shares of Amazon.com in the 4th quarter worth about $45,000. Finally, Prudent Man Investment Management Inc. raised its stake in shares of Amazon.com by 87.7% in the 4th quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant’s stock valued at $53,000 after purchasing an additional 107 shares in the last quarter. Institutional investors and hedge funds own 72.20% of the company’s stock.

Insiders Place Their Bets In related news, CEO Andrew Jassy sold 20,000 shares of the firm’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 value 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 transaction was disclosed in a legal filing 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 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 value of $1,647,821.62. Following the sale, the chief executive officer directly owned 476,681 shares in the company, valued at $123,465,145.81. The trade was a 1.32% 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. Over the last three months, insiders sold 71,589 shares of company stock worth $18,568,785. 8.90% of the stock is owned by company insiders.

Amazon.com Stock Down 1.3% Amazon.com stock opened at $253.54 on Tuesday. The company has a 50-day simple moving average of $255.75 and a 200-day simple moving average of $244.72. The firm has a market capitalization of $2.73 trillion, a P/E ratio of 20.40, a P/E/G 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, 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 posted 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 net margin of 17.44% and a return on equity of 18.00%. The firm had revenue of $200.61 billion during the quarter, compared to analyst estimates of $197.03 billion. During the same period in the previous year, the business posted $1.68 EPS. Amazon.com’s revenue was up 19.6% on a year-over-year basis. As a group, equities analysts expect that Amazon.com, Inc. will post 8.05 earnings per share for the current year.

Wall Street Analysts Forecast Growth A number of equities analysts recently commented on AMZN shares. Monness Crespi & Hardt lifted their price target on Amazon.com from $315.00 to $330.00 and gave the stock a “buy” rating 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. Mizuho set a $330.00 price objective on Amazon.com and gave the stock an “outperform” rating in a research note on Friday, July 31st. Raymond James Financial reaffirmed an “outperform” rating and issued a $390.00 price objective (up from $280.00) on shares of Amazon.com in a report on Friday, July 31st. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Amazon.com in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $323.26.

Check Out Our Latest Stock Report on AMZN

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

Positive Sentiment: Amazon’s advertising business is expanding beyond its own properties through a pilot partnership that lets select advertisers extend Amazon campaigns into ChatGPT. The initiative could broaden Amazon DSP’s reach and create a new revenue channel, although financial terms remain undisclosed. Amazon Is Becoming a Gateway to ChatGPT Ads Positive Sentiment: Zoox is entering San Francisco’s robotaxi market, increasing Amazon’s exposure to autonomous transportation and creating potential long-term upside if the service scales successfully. Amazon’s Zoox Enters San Francisco’s Crowded Robotaxi Market Positive Sentiment: Amazon completed a £4.242 billion sterling-denominated senior debt offering, supporting its U.K. operations and broader funding needs. The issuance improves liquidity flexibility but also adds to the company’s debt load. Amazon Boosts UK Presence With Sterling Debt Offering 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.

Recommended Stories Five stocks we like better than Amazon.com Analysts Are Punting Their Calls Into the Next Quarter After Adobe’s Mixed Earnings Institutional Money Is Pouring Into These 2 Altcoin ETFs The End of Big Tech Buybacks? Only One Hyperscaler Is Still Repurchasing Shares 3 Dividend Kings to Buy While They’re Still Beaten Down

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.

Palmer Knight Co bought a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 35,492 shares of the e-commerce giant’s stock, valued at approximately $8,459,000. Amazon.com accounts for approximately 3.3% of Palmer Knight Co’s holdings, making the stock its 14th largest position.

Several other large investors have also recently bought and sold shares of the stock. Longfellow Investment Management Co. LLC acquired a new position in shares of Amazon.com during the 2nd quarter valued at $33,000. MilWealth Group LLC raised 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 worth $41,000 after buying an additional 79 shares in the last quarter. Lifetime Wealth Management P.C. acquired a new stake in shares of Amazon.com in the fourth quarter valued at $45,000. Prudent Man Investment Management Inc. lifted its holdings in shares of Amazon.com by 87.7% in the fourth quarter. Prudent Man Investment Management Inc. now owns 229 shares of the e-commerce giant’s stock valued at $53,000 after buying an additional 107 shares during the period. Finally, Strategic Wealth Advisors LLC bought a new position in Amazon.com during the fourth quarter valued at about $68,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

Amazon.com Stock Performance Amazon.com stock opened at $253.54 on Tuesday. The firm’s 50 day simple moving average is $255.75 and its 200-day simple moving average is $244.72. The company has a market cap of $2.73 trillion, a P/E ratio of 20.40, a price-to-earnings-growth ratio of 1.98 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, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $287.20.

Amazon.com (NASDAQ:AMZN – Get Free Report) last issued 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 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 firm’s quarterly revenue was up 19.6% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.68 EPS. As a group, equities research analysts predict that Amazon.com, Inc. will post 8.05 EPS for the current year. Insider Buying and Selling In other news, CFO Brian Olsavsky sold 6,172 shares of the stock in a transaction that occurred on 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 sale, the chief financial officer directly owned 109,207 shares of the company’s stock, valued at $28,427,674.17. This represents a 5.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through 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 business’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 $1,647,821.62. Following the transaction, the chief executive officer owned 476,681 shares in the company, valued at approximately $123,465,145.81. This represents 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 71,589 shares of company stock worth $18,568,785 over the last ninety days. 8.90% of the stock is currently owned by corporate insiders.

Trending Headlines about Amazon.com Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: Amazon’s advertising business is expanding beyond its own properties through a pilot partnership that lets select advertisers extend Amazon campaigns into ChatGPT. The initiative could broaden Amazon DSP’s reach and create a new revenue channel, although financial terms remain undisclosed. Amazon Is Becoming a Gateway to ChatGPT Ads Positive Sentiment: Zoox is entering San Francisco’s robotaxi market, increasing Amazon’s exposure to autonomous transportation and creating potential long-term upside if the service scales successfully. Amazon’s Zoox Enters San Francisco’s Crowded Robotaxi Market Positive Sentiment: Amazon completed a £4.242 billion sterling-denominated senior debt offering, supporting its U.K. operations and broader funding needs. The issuance improves liquidity flexibility but also adds to the company’s debt load. Amazon Boosts UK Presence With Sterling Debt Offering Analyst Upgrades and Downgrades Several equities research analysts have commented on AMZN shares. Cantor Fitzgerald reiterated an “overweight” rating and issued a $320.00 price target (down from $330.00) on shares of Amazon.com in a research report on Friday, July 31st. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $338.00 price objective (up from $328.00) on shares of Amazon.com in a research note on Thursday, September 3rd. DA Davidson reissued a “neutral” rating and set a $250.00 target price on shares of Amazon.com in a research note on Friday, July 31st. Jefferies Financial Group restated a “buy” rating on shares of Amazon.com in a research report on Thursday, June 18th. Finally, Pivotal Research reaffirmed a “buy” rating and issued a $333.00 price target (up from $320.00) on shares of Amazon.com in a report on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Amazon.com has an average rating of “Moderate Buy” and an average price target of $323.26.

Get Our Latest Stock Report on AMZN

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 Analysts Are Punting Their Calls Into the Next Quarter After Adobe’s Mixed Earnings Institutional Money Is Pouring Into These 2 Altcoin ETFs The End of Big Tech Buybacks? Only One Hyperscaler Is Still Repurchasing Shares 3 Dividend Kings to Buy While They’re Still Beaten Down

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.

Monetta Financial Services 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 filing with the Securities and Exchange Commission. The institutional investor bought 46,500 shares of the e-commerce giant’s stock, valued at approximately $11,083,000. Amazon.com makes up about 7.5% of Monetta Financial Services Inc.’s holdings, making the stock its 3rd largest holding.

Several other institutional investors and hedge funds have also made changes to their positions in AMZN. Longfellow Investment Management Co. LLC acquired a new stake in Amazon.com in the 2nd quarter valued at about $33,000. MilWealth Group LLC increased its stake in shares of Amazon.com by 79.0% during the 4th quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock worth $41,000 after purchasing an additional 79 shares during the last quarter. Lifetime Wealth Management P.C. bought a new position in shares of Amazon.com during the 4th quarter valued at $45,000. Prudent Man Investment Management Inc. raised its holdings 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 valued at $53,000 after purchasing an additional 107 shares in the last quarter. Finally, Strategic Wealth Advisors LLC acquired a new stake in shares of Amazon.com in the 4th quarter valued at $68,000. 72.20% of the stock is currently owned by institutional investors.

Amazon.com Price Performance Amazon.com stock opened at $253.54 on Tuesday. 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 company has a market capitalization of $2.73 trillion, a PE ratio of 20.40, a price-to-earnings-growth ratio of 1.98 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. The business has a 50 day simple moving average of $255.75 and a 200 day simple moving average of $244.72.

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 return on equity of 18.00% and a net margin of 17.44%.The firm had revenue of $200.61 billion for the quarter, compared to analysts’ expectations of $197.03 billion. During the same period in the prior year, the business posted $1.68 earnings per share. The business’s revenue was up 19.6% compared to the same quarter last year. On average, sell-side analysts forecast that Amazon.com, Inc. will post 8.05 EPS for the current fiscal year. Analyst Ratings Changes Several equities analysts have commented on the stock. Royal Bank Of Canada increased their target price on shares of Amazon.com from $320.00 to $330.00 and gave the stock an “outperform” rating in a research report on Friday, July 31st. The Goldman Sachs Group reiterated 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. Oppenheimer restated an “outperform” rating on shares of Amazon.com in a report on Friday, July 31st. DA Davidson reissued a “neutral” rating and issued a $250.00 price target on shares of Amazon.com in a research report on Friday, July 31st. Finally, 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. One research analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $323.26.

Check Out Our Latest Research Report on AMZN

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

Positive Sentiment: Amazon’s advertising business is expanding beyond its own properties through a pilot partnership that lets select advertisers extend Amazon campaigns into ChatGPT. The initiative could broaden Amazon DSP’s reach and create a new revenue channel, although financial terms remain undisclosed. Amazon Is Becoming a Gateway to ChatGPT Ads Positive Sentiment: Zoox is entering San Francisco’s robotaxi market, increasing Amazon’s exposure to autonomous transportation and creating potential long-term upside if the service scales successfully. Amazon’s Zoox Enters San Francisco’s Crowded Robotaxi Market Positive Sentiment: Amazon completed a £4.242 billion sterling-denominated senior debt offering, supporting its U.K. operations and broader funding needs. The issuance improves liquidity flexibility but also adds to the company’s debt load. Amazon Boosts UK Presence With Sterling Debt Offering Insider Activity at Amazon.com In other Amazon.com news, VP Shelley Reynolds sold 2,343 shares of the firm’s stock in a transaction dated 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 trade represents a 1.92% decrease in their position. The transaction was disclosed in a legal filing 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 Andrew R. Jassy sold 20,000 shares of the business’s stock in a transaction dated 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 transaction, the chief executive officer directly 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. 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. In the last ninety days, 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.

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.

Featured Articles Five stocks we like better than Amazon.com Analysts Are Punting Their Calls Into the Next Quarter After Adobe’s Mixed Earnings Institutional Money Is Pouring Into These 2 Altcoin ETFs The End of Big Tech Buybacks? Only One Hyperscaler Is Still Repurchasing Shares 3 Dividend Kings to Buy While They’re Still Beaten Down

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.

Rockbridge Asset Management LLC acquired a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) during the second quarter, according to its most recent filing with the SEC. The fund acquired 61,330 shares of the e-commerce giant’s stock, valued at approximately $14,617,000. Amazon.com accounts for approximately 9.4% of Rockbridge Asset Management LLC’s investment portfolio, making the stock its 2nd biggest holding.

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

Amazon.com Trading Down 1.3% Shares of AMZN opened at $253.54 on Tuesday. Amazon.com, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $287.20. The firm has a market cap of $2.73 trillion, a price-to-earnings ratio of 20.40, a PEG ratio of 1.98 and a beta of 1.44. The firm has a 50 day moving average price of $255.75 and a 200-day moving average price of $244.72. 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 issued its earnings results 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. The company had revenue of $200.61 billion for the quarter, compared to analysts’ expectations 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 quarter last year, the company earned $1.68 EPS. As a group, equities research analysts forecast that Amazon.com, Inc. will post 8.05 earnings per share for the current year. Insider Transactions at Amazon.com In related news, SVP David Zapolsky sold 9,258 shares of the stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $259.77, for a total transaction of $2,404,950.66. Following the completion of the sale, the senior vice president directly owned 41,190 shares in the company, valued at $10,699,926.30. This represents a 18.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available 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 shares were sold at an average price of $259.06, for a total value of $3,766,991.46. Following the completion of the sale, the chief executive officer owned 17,794 shares of the company’s stock, valued at $4,609,713.64. The trade was 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. In the last 90 days, insiders have sold 71,589 shares of company stock valued at $18,568,785. 8.90% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes AMZN has been the subject of several recent analyst reports. DA Davidson restated a “neutral” rating and set a $250.00 target price on shares of Amazon.com in a research report on Friday, July 31st. Wells Fargo & Company reiterated an “overweight” rating and set a $338.00 price target (up from $328.00) on shares of Amazon.com in a research report on Thursday, September 3rd. Morgan Stanley restated an “overweight” rating and issued a $335.00 price objective (up from $330.00) on shares of Amazon.com in a research report on Friday, July 31st. BMO Capital Markets reiterated an “outperform” rating and set a $360.00 target price (up from $355.00) on shares of Amazon.com in a research report on Tuesday, July 28th. Finally, Rosenblatt Securities began coverage on shares of Amazon.com in a report on Thursday, August 20th. They issued a “buy” rating and a $335.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $323.26.

View Our Latest Stock Analysis on AMZN

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

Positive Sentiment: Amazon’s advertising business is expanding beyond its own properties through a pilot partnership that lets select advertisers extend Amazon campaigns into ChatGPT. The initiative could broaden Amazon DSP’s reach and create a new revenue channel, although financial terms remain undisclosed. Amazon Is Becoming a Gateway to ChatGPT Ads Positive Sentiment: Zoox is entering San Francisco’s robotaxi market, increasing Amazon’s exposure to autonomous transportation and creating potential long-term upside if the service scales successfully. Amazon’s Zoox Enters San Francisco’s Crowded Robotaxi Market Positive Sentiment: Amazon completed a £4.242 billion sterling-denominated senior debt offering, supporting its U.K. operations and broader funding needs. The issuance improves liquidity flexibility but also adds to the company’s debt load. Amazon Boosts UK Presence With Sterling Debt Offering 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 Articles Five stocks we like better than Amazon.com Analysts Are Punting Their Calls Into the Next Quarter After Adobe’s Mixed Earnings Institutional Money Is Pouring Into These 2 Altcoin ETFs The End of Big Tech Buybacks? Only One Hyperscaler Is Still Repurchasing Shares 3 Dividend Kings to Buy While They’re Still Beaten Down

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.

Empirical Asset Management LLC bought a new stake in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 18,878 shares of the e-commerce giant’s stock, valued at approximately $4,499,000. Amazon.com comprises approximately 1.0% of Empirical Asset Management LLC’s investment portfolio, making the stock its 15th largest position.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Longfellow Investment Management Co. LLC bought a new stake in Amazon.com during the second quarter worth $33,000. MilWealth Group LLC boosted 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 worth $41,000 after purchasing an additional 79 shares during the last quarter. Lifetime Wealth Management P.C. bought a new position in Amazon.com in the 4th quarter valued at $45,000. Prudent Man Investment Management Inc. increased its position 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 valued at $53,000 after purchasing an additional 107 shares during the last quarter. Finally, Strategic Wealth Advisors LLC purchased a new stake in shares of Amazon.com during the 4th quarter valued at $68,000. 72.20% of the stock is currently owned by hedge funds and other institutional investors.

Amazon.com Stock Down 1.3% AMZN opened at $253.54 on Tuesday. The stock has a market cap of $2.73 trillion, a PE ratio of 20.40, a P/E/G 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. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week high of $287.20. The business’s fifty day simple moving average is $255.75 and its 200 day simple moving average is $244.72.

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, 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 in the previous year, the company posted $1.68 EPS. Amazon.com’s quarterly revenue was up 19.6% compared to the same quarter last year. As a group, research analysts expect that Amazon.com, Inc. will post 8.05 earnings per share for the current fiscal year. More Amazon.com News Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: Amazon’s advertising business is expanding beyond its own properties through a pilot partnership that lets select advertisers extend Amazon campaigns into ChatGPT. The initiative could broaden Amazon DSP’s reach and create a new revenue channel, although financial terms remain undisclosed. Amazon Is Becoming a Gateway to ChatGPT Ads Positive Sentiment: Zoox is entering San Francisco’s robotaxi market, increasing Amazon’s exposure to autonomous transportation and creating potential long-term upside if the service scales successfully. Amazon’s Zoox Enters San Francisco’s Crowded Robotaxi Market Positive Sentiment: Amazon completed a £4.242 billion sterling-denominated senior debt offering, supporting its U.K. operations and broader funding needs. The issuance improves liquidity flexibility but also adds to the company’s debt load. Amazon Boosts UK Presence With Sterling Debt Offering Insider Buying and Selling In other news, SVP David Zapolsky sold 9,258 shares of Amazon.com 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 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 transaction was disclosed in a filing 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, 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 completion of the sale, the chief financial officer owned 109,207 shares in the company, valued at approximately $28,427,674.17. This represents a 5.35% 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 worth $18,568,785 over the last 90 days. Insiders own 8.90% of the company’s stock.

Analyst Upgrades and Downgrades A number of research analysts have weighed in on AMZN shares. Morgan Stanley reissued an “overweight” rating and set a $335.00 target price (up from $330.00) on shares of Amazon.com in a research report on Friday, July 31st. Wells Fargo & Company reissued an “overweight” rating and issued a $338.00 target price (up from $328.00) on shares of Amazon.com in a research report on Thursday, September 3rd. The Goldman Sachs Group restated a “buy” rating and issued a $375.00 target price (up from $335.00) on shares of Amazon.com in a research note on Friday, July 31st. Zacks Research raised shares of Amazon.com from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 4th. Finally, Roth Capital reaffirmed a “buy” rating and issued a $325.00 price objective on shares of Amazon.com in a report on Monday, August 3rd. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $323.26.

Get 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.

Further Reading Five stocks we like better than Amazon.com Analysts Are Punting Their Calls Into the Next Quarter After Adobe’s Mixed Earnings Institutional Money Is Pouring Into These 2 Altcoin ETFs The End of Big Tech Buybacks? Only One Hyperscaler Is Still Repurchasing Shares 3 Dividend Kings to Buy While They’re Still Beaten Down

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.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Amazon (AMZN - Free Report) .

Amazon currently has an average brokerage recommendation (ABR) of 1.17, on a scale of 1 to 5 (Strong Buy to Strong Sell), calculated based on the actual recommendations (Buy, Hold, Sell, etc.) made by 58 brokerage firms. An ABR of 1.17 approximates between Strong Buy and Buy.

Of the 58 recommendations that derive the current ABR, 50 are Strong Buy and six are Buy. Strong Buy and Buy respectively account for 86.2% and 10.3% of all recommendations.

Brokerage Recommendation Trends for AMZN

Check price target & stock forecast for Amazon here>>>

While the ABR calls for buying Amazon, it may not be wise to make an investment decision solely based on this information. Several studies have shown limited to no success of brokerage recommendations in guiding investors to pick stocks with the best price increase potential.

Do you wonder why? As a result of the vested interest of brokerage firms in a stock they cover, their analysts tend to rate it with a strong positive bias. According to our research, brokerage firms assign five "Strong Buy" recommendations for every "Strong Sell" recommendation.

In other words, their interests aren't always aligned with retail investors, rarely indicating where the price of a stock could actually be heading. Therefore, the best use of this information could be validating your own research or an indicator that has proven to be highly successful in predicting a stock's price movement.

Zacks Rank, our proprietary stock rating tool with an impressive externally audited track record, categorizes stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), and is an effective indicator of a stock's price performance in the near future. Therefore, using the ABR to validate the Zacks Rank could be an efficient way of making a profitable investment decision.

ABR Should Not Be Confused With Zacks RankAlthough both Zacks Rank and ABR are displayed in a range of 1--5, they are different measures altogether.

The ABR is calculated solely based on brokerage recommendations and is typically displayed with decimals (example: 1.28). In contrast, the Zacks Rank is a quantitative model allowing investors to harness the power of earnings estimate revisions. It is displayed in whole numbers -- 1 to 5.

Analysts employed by brokerage firms have been and continue to be overly optimistic with their recommendations. Since the ratings issued by these analysts are more favorable than their research would support because of the vested interest of their employers, they mislead investors far more often than they guide.

On the other hand, earnings estimate revisions are at the core of the Zacks Rank. And empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements.

Furthermore, the different grades of the Zacks Rank are applied proportionately across all stocks for which brokerage analysts provide earnings estimates for the current year. In other words, at all times, this tool maintains a balance among the five ranks it assigns.

There is also a key difference between the ABR and Zacks Rank when it comes to freshness. When you look at the ABR, it may not be up-to-date. Nonetheless, since brokerage analysts constantly revise their earnings estimates to reflect changing business trends, and their actions get reflected in the Zacks Rank quickly enough, it is always timely in predicting future stock prices.

Is AMZN a Good Investment?Looking at the earnings estimate revisions for Amazon, the Zacks Consensus Estimate for the current year has remained unchanged over the past month at $13.06.

Analysts' steady views regarding the company's earnings prospects, as indicated by an unchanged consensus estimate, could be a legitimate reason for the stock to perform in line with the broader market in the near term.

The size of the recent change in the consensus estimate, along with three other factors related to earnings estimates, has resulted in a Zacks Rank #3 (Hold) for Amazon. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>

It may therefore be prudent to be a little cautious with the Buy-equivalent ABR for Amazon.

Wall Street is already treating an Anthropic IPO as more than just a rumor. Reports are floating a $2 trillion listing as early as October, following the filing of a confidential S-1 earlier this summer.

In May, Anthropic told the public its annualized revenue run rate had cleared $47 billion. The company subsequently said its ARR reached $65 billion in July. At a $2 trillion market cap, that represents nearly 31 times the July ARR figure. Moreover, an offering of this size would surpass Space Exploration Technologies' IPO, which was listed at around $1.8 trillion in June, as the biggest IPO ever.

With this amount of money on the table, it's no wonder a recent Motley Fool survey found that 70% of investors are considering buying the IPO of either Anthropic or its closest rival, OpenAI.

You may not realize it, but Amazon (AMZN -1.26%) has quietly become one of Anthropic's most important backers throughout the artificial intelligence (AI) revolution. Let's dig into Amazon's stake in Anthropic and assess what it could be worth and what that means for investors mulling over the IPO opportunity.

Image source: Getty Images.

How Amazon became a major owner of Anthropic In September 2023, Amazon Web Services (AWS) forged a strategic partnership with Anthropic. As part of the deal, AWS became the primary platform for training and serving Anthropic's generative model, Claude. At that time, Amazon invested $1.25 billion into Anthropic as part of a broader $4 billion commitment. In March 2024, Amazon completed the remaining $2.75 billion tranche -- finishing its first full package in Anthropic. By that time, Claude had moved on to Amazon Bedrock, and the two companies began exploring custom silicon as a joint project.

Amazon's second act arrived in November 2024, when it invested another $4 billion. Although the e-commerce and cloud computing giant did not publish a specific valuation for Anthropic during this funding, private markets estimated the start-up was worth around $40 billion.

Following Amazon's second $4 billion commitment, Anthropic's valuation profile became much more public. By March 2025, the company was valued at $61.5 billion and later climbed to $183 billion by September of that year. Earlier this year, Anthropic was valued at $380 billion after raising a Series G round. Following this funding round, the unicorn raised $65 billion in Series H funding at a post-money valuation of $965 billion.

It's worth noting that prior to the Series H, Amazon invested $5 billion in Anthropic and left the door open for an additional $20 billion, contingent on meeting commercial milestones. In return, Anthropic pledged more than $100 billion of AWS spend over 10 years and up to 5 gigawatts of capacity.

Despite all of these public details, Amazon still does not publish its official ownership percentage in Anthropic. The best working estimate is to use Amazon's filings. As of June 30, Amazon carried the position at $190.4 billion -- split between $97.9 billion in convertible notes and $92.5 billion of nonvoting preferred stock. Against a $965 billion valuation, that implies roughly 19.7% ownership. Of course, this figure should be treated as an estimate until Anthropic's S-1 is publicly available and the prospectus provides a detailed cap table.

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Simple math tells us that a 19.7% slice of a $2 trillion company is worth about $394 billion. This represents roughly a 30 times multiple of Amazon's investment before accounting for the additional $20 billion it might still write.

Per its filings, Amazon has already marked the Anthropic position far above its cost basis. This means a $2 trillion IPO price would not create nearly $400 billion of brand-new unrealized accounting gains in one sweep. Rather, it would simply reprice the gap between today's $190 billion carrying value and a public-market mark value near $400 billion.

The implication here is not that Amazon got lucky on a venture moonshot. The company did something incredibly savvy. It bought a flagship cloud customer, a case study for its in-house Trainium and Inferentia chips, and secured a call option on the model layer of generative AI all at the same time. Anthropic's commitment to spend $100 billion on AWS is the quiet half of the trade, while Amazon's equity upside is the much louder half.

Should Amazon investors care about Anthropic? Investors should care about Amazon's tie-up with Anthropic because the value of the relationship is no longer a rounding error. The real questions are how much of a $2 trillion Anthropic is already baked into Amazon's price, and how much still has to show up. That is where my $10,000 investment example comes into play.

Amazon's market capitalization is currently $2.8 trillion. A $394 billion Anthropic stake represents roughly 14% of that value -- or $0.14 of every dollar in Amazon. If you put $10,000 into Amazon stock today and the market fully counted the Anthropic stake, about $1,430 of your position would be considered Anthropic.

Remember, Amazon already carries its Anthropic investment at $190 billion. That is about $0.07 of every Amazon dollar. The reported IPO valuation of $2 trillion represents a step-up from $190 billion to $394 billion, a gap of about $204 billion. That gap translates to the other 7% of Amazon's total value.

That means if investors added Anthropic dollar-for-dollar, the $10,000 would pick up about $740. This is all to say that a successful listing could add a few hundred dollars of look-through value to a modest Amazon position already sitting on and benefiting from Anthropic.

Amazon Prime Video is coming after TikTok with the addition of short-form news clips. The company said on Monday that it’s expanding its news coverage to include on-demand news clips offering both local and national stories. These will be available on TVs and other living room devices, but will soon roll out to the web and Prime Video’s mobile apps, the company said.

The clips will be available in the News destination within the Prime Video app in its Trending Topics and the Local News carousels. They join Prime Video’s existing local, national, and world news coverage from a number of major providers, which are available to everyone in the U.S. regardless of whether they have a Prime subscription.

Amazon could not yet confirm whether the clips on mobile would be oriented for vertical video or not, only that they would be considered short-form content on iOS and Android.

While TikTok is better known as an entertainment destination, it’s also, along with Instagram, increasingly a place where younger people get their news. Gen Z in particular often watches news creators and influencers on short-form apps, including YouTube Shorts. Amazon, which doesn’t have a true social destination of its own, is instead adding short-form video to Prime Video, in hopes of capturing Gen Z’s attention.

But Gen Z viewers are drawn to these social apps not necessarily because of the length of the clips, but rather because of how the information is presented. Based on findings from Pew Research, these younger news consumers want short-form news content that “feels organic, not over-produced.”

Prime Video is not the first streamer to add short-form clips to its content lineup. Peacock added support for short-form clips in March, followed by HBO Max and Netflix in July, then Disney+ in August. Combined, the updates represent an industrywide effort to meet viewers where they are — which is now often looking for entertainment in shorter bursts and consumable in moments or minutes instead of portions of hours or longer.

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Brightwater Advisory LLC purchased a new stake in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 2,859 shares of the e-commerce giant’s stock, valued at approximately $681,000. Amazon.com comprises 0.4% of Brightwater Advisory LLC’s portfolio, making the stock its 21st biggest position.

A number of other hedge funds have also bought and sold shares of the business. Brighton Jones LLC raised its stake in shares of Amazon.com by 10.9% during the 4th quarter. Brighton Jones LLC now owns 4,036,091 shares of the e-commerce giant’s stock worth $885,478,000 after purchasing an additional 397,007 shares during the period. Revolve Wealth Partners LLC boosted its holdings in shares of Amazon.com by 4.1% in the 4th quarter. Revolve Wealth Partners LLC now owns 25,045 shares of the e-commerce giant’s stock worth $5,495,000 after buying an additional 986 shares during the last quarter. Bank Pictet & Cie Europe AG grew its position in Amazon.com by 2.8% during the fourth quarter. Bank Pictet & Cie Europe AG now owns 2,016,869 shares of the e-commerce giant’s stock valued at $442,481,000 after buying an additional 54,987 shares during the period. Highview Capital Management LLC DE grew its position in Amazon.com by 5.5% during the fourth quarter. Highview Capital Management LLC DE now owns 28,975 shares of the e-commerce giant’s stock valued at $6,357,000 after buying an additional 1,518 shares during the period. Finally, Liberty Square Wealth Partners LLC purchased a new stake in Amazon.com during the fourth quarter worth about $2,153,000. 72.20% of the stock is currently owned by institutional investors.

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

Positive Sentiment: AWS remains the primary bullish catalyst. Analysts and market commentators described AWS as the “heartbeat” of the AI trade, citing its fastest growth in 18 quarters and Amazon’s ability to combine cloud AI services with its large e-commerce ecosystem. AWS Cloud Heartbeat of AI Trade Positive Sentiment: A major Qualcomm partnership strengthens Amazon’s AI infrastructure position. Amazon could purchase as much as $60 billion of Qualcomm AI data-center chips and related products under a long-term agreement. The deal supports AWS capacity expansion and signals confidence in sustained AI demand, although it also implies substantial future capital spending. Qualcomm AI Ambitions Get a Boost From Amazon Partnership Positive Sentiment: Amazon’s AI products are gaining enterprise validation. Rivian used Amazon Bedrock to automate finance work and eliminate more than 15 days of manual effort per close cycle, offering a concrete example of potential Bedrock demand. Amazon also expanded its Quick AI assistant to mobile devices. Rivian’s AI Agents Cut 15 Days From Every Close Positive Sentiment: Prime Air is moving closer to broader UK drone deliveries. Amazon completed more than 500 flights during a UK trial and is seeking approval to expand service in Darlington. Successful deployment could improve delivery economics and support longer-term logistics automation. Amazon delivery drones set for UK expansion Neutral Sentiment: Amazon Pay India is considering travel insurance and other financial products, expanding its potential addressable market but providing limited near-term earnings impact. Amazon Pay plans to expand insurance offerings Negative Sentiment: Risks remain around costs, leverage, and operations. Amazon’s AI buildout requires heavy capital spending and new debt, while potential changes to Ohio data-center tax incentives could reduce project economics. Separately, a fatal accident involving an aircraft operating for Prime Air has increased regulatory and reputational risk. Amazon’s Aviation Network Faces a Sobering Test Analyst Ratings Changes Several brokerages have commented on AMZN. Pivotal Research reaffirmed a “buy” rating and issued a $333.00 price objective (up from $320.00) on shares of Amazon.com in a research report on Friday, July 31st. Raymond James Financial reissued an “outperform” rating and set a $390.00 target price (up from $280.00) on shares of Amazon.com in a research report on Friday, July 31st. Needham & Company LLC restated a “buy” rating and set a $300.00 price target on shares of Amazon.com in a research note on Friday, July 31st. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amazon.com in a report on Monday, August 3rd. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $335.00 price objective (up from $330.00) on shares of Amazon.com in a research note on Friday, July 31st. One analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $323.26. View Our Latest Research Report on Amazon.com

Amazon.com Stock Performance Shares of AMZN stock opened at $256.78 on Monday. The stock has a market capitalization of $2.77 trillion, a price-to-earnings ratio of 20.66, a PEG ratio of 1.98 and a beta of 1.44. The company’s fifty day simple moving average is $255.56 and its two-hundred day simple moving average is $244.40. 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 current ratio of 1.03 and a quick ratio of 0.87.

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, topping analysts’ consensus estimates of $1.82 by $3.93. The firm had revenue of $200.61 billion during the quarter, compared to analyst estimates of $197.03 billion. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The business’s revenue for the quarter was up 19.6% on a year-over-year basis. During the same period last year, the company earned $1.68 earnings per share. As a group, analysts anticipate that Amazon.com, Inc. will post 8.05 earnings per share for the current year.

Insider Buying and Selling at Amazon.com In other news, 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 transaction, the vice president directly owned 119,780 shares in the company, valued at approximately $31,024,217.80. This trade represents a 1.92% decrease in their ownership of the stock. 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 Garman sold 14,541 shares of the business’s stock in a transaction that occurred 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 transaction, 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. 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 in the last three months. 8.90% of the stock is currently owned by corporate insiders.

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 Articles Five stocks we like better than Amazon.com Why Bitcoin ETFs May Be Worth Another Look as Inflows Rebound 3 Small-Cap Biotechs With Binary Catalysts on the Calendar Planet Labs Has Fallen Back to Earth, But Wall Street Still Sees a Rebound As Homeowners’ Premiums Surge, This Insurer Is Posting Record Profits

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Black Cypress Capital Management LLC bought a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 55,363 shares of the e-commerce giant’s stock, valued at approximately $13,195,000. Amazon.com comprises 8.8% of Black Cypress Capital Management LLC’s investment portfolio, making the stock its 5th largest position.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Trust Asset Management LLC raised its stake in shares of 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 worth $26,000 after acquiring an additional 3,414 shares during the last quarter. Longfellow Investment Management Co. LLC acquired a new position in shares of Amazon.com during the second quarter worth approximately $33,000. MilWealth Group LLC grew its stake in shares of Amazon.com by 79.0% during the fourth 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. Lifetime Wealth Management P.C. bought a new stake in shares of Amazon.com during the fourth quarter valued at approximately $45,000. Finally, Elkhorn Partners Limited Partnership increased its holdings in shares of Amazon.com by 900.0% in the fourth quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock valued at $46,000 after purchasing an additional 180 shares in the last quarter. 72.20% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades Several research analysts have issued reports on AMZN shares. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $320.00 price objective (down from $330.00) on shares of Amazon.com in a report on Friday, July 31st. Raymond James Financial reissued an “outperform” rating and issued a $390.00 target price (up from $280.00) on shares of Amazon.com in a research note on Friday, July 31st. Oppenheimer restated an “outperform” rating on shares of Amazon.com in a research report on Friday, July 31st. 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 note on Friday, July 31st. Finally, Monness Crespi & Hardt raised their price target on Amazon.com from $315.00 to $330.00 and gave the company a “buy” rating in a report on Friday, July 31st. One equities research analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $323.26.

Read Our Latest Stock Analysis on AMZN Amazon.com Stock Performance Shares of NASDAQ:AMZN opened at $256.78 on Monday. The firm’s 50 day simple moving average is $255.56 and its 200 day simple moving average is $244.40. Amazon.com, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $287.20. The company has a market capitalization of $2.77 trillion, a price-to-earnings ratio of 20.66, a P/E/G ratio of 1.98 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 issued 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. 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 during the quarter, compared to analysts’ expectations of $197.03 billion. During the same quarter in the previous year, the company earned $1.68 earnings per share. The business’s revenue for the quarter was up 19.6% on a year-over-year basis. As a group, sell-side analysts forecast that Amazon.com, Inc. will post 8.05 earnings per share for the current year.

Insider Buying and Selling at Amazon.com In other Amazon.com news, CFO Brian T. Olsavsky sold 6,172 shares of Amazon.com stock in a transaction that occurred on 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 transaction, the chief financial officer owned 109,207 shares of the company’s stock, valued at approximately $28,427,674.17. The trade was a 5.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 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 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 transaction, the chief executive officer owned 2,235,766 shares of the company’s stock, valued at $579,085,751.66. This trade represents a 0.89% 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 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: AWS remains the primary bullish catalyst. Analysts and market commentators described AWS as the “heartbeat” of the AI trade, citing its fastest growth in 18 quarters and Amazon’s ability to combine cloud AI services with its large e-commerce ecosystem. AWS Cloud Heartbeat of AI Trade Positive Sentiment: A major Qualcomm partnership strengthens Amazon’s AI infrastructure position. Amazon could purchase as much as $60 billion of Qualcomm AI data-center chips and related products under a long-term agreement. The deal supports AWS capacity expansion and signals confidence in sustained AI demand, although it also implies substantial future capital spending. Qualcomm AI Ambitions Get a Boost From Amazon Partnership Positive Sentiment: Amazon’s AI products are gaining enterprise validation. Rivian used Amazon Bedrock to automate finance work and eliminate more than 15 days of manual effort per close cycle, offering a concrete example of potential Bedrock demand. Amazon also expanded its Quick AI assistant to mobile devices. Rivian’s AI Agents Cut 15 Days From Every Close Positive Sentiment: Prime Air is moving closer to broader UK drone deliveries. Amazon completed more than 500 flights during a UK trial and is seeking approval to expand service in Darlington. Successful deployment could improve delivery economics and support longer-term logistics automation. Amazon delivery drones set for UK expansion Neutral Sentiment: Amazon Pay India is considering travel insurance and other financial products, expanding its potential addressable market but providing limited near-term earnings impact. Amazon Pay plans to expand insurance offerings Negative Sentiment: Risks remain around costs, leverage, and operations. Amazon’s AI buildout requires heavy capital spending and new debt, while potential changes to Ohio data-center tax incentives could reduce project economics. Separately, a fatal accident involving an aircraft operating for Prime Air has increased regulatory and reputational risk. Amazon’s Aviation Network Faces a Sobering Test 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.

Recommended Stories Five stocks we like better than Amazon.com Why Bitcoin ETFs May Be Worth Another Look as Inflows Rebound 3 Small-Cap Biotechs With Binary Catalysts on the Calendar Planet Labs Has Fallen Back to Earth, But Wall Street Still Sees a Rebound As Homeowners’ Premiums Surge, This Insurer Is Posting Record Profits 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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Alamar Capital Management LLC purchased a new position in Amazon.com, Inc. (NASDAQ:AMZN) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 4,760 shares of the e-commerce giant’s stock, valued at approximately $1,134,000.

A number of other large investors also recently bought and sold shares of AMZN. Vanguard Group Inc. raised its stake in Amazon.com by 1.1% during the first quarter. Vanguard Group Inc. now owns 832,274,556 shares of the e-commerce giant’s stock valued at $158,348,557,000 after buying an additional 8,913,959 shares during the last quarter. State Street Corp grew its position in Amazon.com by 1.8% in the 4th quarter. State Street Corp now owns 388,653,121 shares of the e-commerce giant’s stock worth $89,708,913,000 after purchasing an additional 6,971,680 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Amazon.com by 1.1% during the 4th quarter. Geode Capital Management LLC now owns 225,120,994 shares of the e-commerce giant’s stock valued at $51,753,622,000 after buying an additional 2,479,324 shares during the period. Norges Bank purchased a new position in shares of Amazon.com in the 4th quarter worth $32,868,735,000. Finally, Auto Owners Insurance Co grew its holdings in shares of Amazon.com by 27,376.7% in 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 acquiring an additional 98,090,585 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Price Performance Shares of NASDAQ AMZN opened at $256.78 on Monday. 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 company has a market cap of $2.77 trillion, a P/E ratio of 20.66, a PEG 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 firm has a 50-day simple moving average of $255.56 and a two-hundred day simple moving average of $244.40.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released 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 return on equity of 18.00% and a net margin of 17.44%.The firm had revenue of $200.61 billion for the quarter, compared to analysts’ expectations of $197.03 billion. During the same quarter in the prior year, the firm posted $1.68 earnings per share. The company’s quarterly revenue was up 19.6% on a year-over-year basis. Research analysts anticipate that Amazon.com, Inc. will post 8.05 earnings per share for the current year. Key Stories Impacting Amazon.com Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: AWS remains the primary bullish catalyst. Analysts and market commentators described AWS as the “heartbeat” of the AI trade, citing its fastest growth in 18 quarters and Amazon’s ability to combine cloud AI services with its large e-commerce ecosystem. AWS Cloud Heartbeat of AI Trade Positive Sentiment: A major Qualcomm partnership strengthens Amazon’s AI infrastructure position. Amazon could purchase as much as $60 billion of Qualcomm AI data-center chips and related products under a long-term agreement. The deal supports AWS capacity expansion and signals confidence in sustained AI demand, although it also implies substantial future capital spending. Qualcomm AI Ambitions Get a Boost From Amazon Partnership Positive Sentiment: Amazon’s AI products are gaining enterprise validation. Rivian used Amazon Bedrock to automate finance work and eliminate more than 15 days of manual effort per close cycle, offering a concrete example of potential Bedrock demand. Amazon also expanded its Quick AI assistant to mobile devices. Rivian’s AI Agents Cut 15 Days From Every Close Positive Sentiment: Prime Air is moving closer to broader UK drone deliveries. Amazon completed more than 500 flights during a UK trial and is seeking approval to expand service in Darlington. Successful deployment could improve delivery economics and support longer-term logistics automation. Amazon delivery drones set for UK expansion Neutral Sentiment: Amazon Pay India is considering travel insurance and other financial products, expanding its potential addressable market but providing limited near-term earnings impact. Amazon Pay plans to expand insurance offerings Negative Sentiment: Risks remain around costs, leverage, and operations. Amazon’s AI buildout requires heavy capital spending and new debt, while potential changes to Ohio data-center tax incentives could reduce project economics. Separately, a fatal accident involving an aircraft operating for Prime Air has increased regulatory and reputational risk. Amazon’s Aviation Network Faces a Sobering Test Wall Street Analyst Weigh In Several equities research analysts recently issued reports on AMZN shares. 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. 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 report on Friday, July 31st. TD Cowen reaffirmed a “buy” rating and issued a $350.00 target price (up from $340.00) on shares of Amazon.com in a report on Friday, July 31st. Wedbush boosted their price objective on Amazon.com from $293.00 to $310.00 and gave the company an “outperform” rating in a research report on Friday, July 31st. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Amazon.com in a research report on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, fifty-six have issued a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $323.26.

Read Our Latest Stock Report on Amazon.com

Insiders Place Their Bets In other news, VP Shelley Reynolds sold 2,343 shares of Amazon.com stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.01, for a total transaction of $606,860.43. Following the completion of the sale, the vice president directly owned 119,780 shares in the company, valued at approximately $31,024,217.80. This trade represents a 1.92% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP David Zapolsky sold 9,258 shares of the company’s stock in a transaction dated Monday, August 24th. The stock was sold at an average price of $259.77, for a total transaction of $2,404,950.66. Following the completion of the transaction, 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 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 valued at $18,568,785. Insiders own 8.90% of the company’s stock.

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.

See Also Five stocks we like better than Amazon.com Why Bitcoin ETFs May Be Worth Another Look as Inflows Rebound 3 Small-Cap Biotechs With Binary Catalysts on the Calendar Planet Labs Has Fallen Back to Earth, But Wall Street Still Sees a Rebound As Homeowners’ Premiums Surge, This Insurer Is Posting Record Profits 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.

Sagace Wealth 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 3,210 shares of the e-commerce giant’s stock, valued at approximately $765,000. Amazon.com comprises about 0.5% of Sagace Wealth Management LLC’s portfolio, making the stock its 23rd largest position.

A number of other large investors also recently made changes to their positions in AMZN. Northstar Financial Companies Inc. purchased a new stake in shares of Amazon.com during the 2nd quarter worth about $3,376,000. Gryphon Financial Partners LLC grew its stake in 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 period. First Citizens Bank & Trust Co. grew its stake in Amazon.com by 1.7% during the first quarter. First Citizens Bank & Trust Co. now owns 303,862 shares of the e-commerce giant’s stock worth $63,285,000 after buying an additional 5,104 shares during the period. GSA Capital Partners LLP acquired a new stake in shares of Amazon.com in the second quarter worth $2,261,000. Finally, Narwhal Capital Management increased its position in shares of Amazon.com by 2.3% in the fourth quarter. Narwhal Capital Management now owns 216,606 shares of the e-commerce giant’s stock worth $49,997,000 after acquiring an additional 4,854 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 remains the primary bullish catalyst. Analysts and market commentators described AWS as the “heartbeat” of the AI trade, citing its fastest growth in 18 quarters and Amazon’s ability to combine cloud AI services with its large e-commerce ecosystem. AWS Cloud Heartbeat of AI Trade Positive Sentiment: A major Qualcomm partnership strengthens Amazon’s AI infrastructure position. Amazon could purchase as much as $60 billion of Qualcomm AI data-center chips and related products under a long-term agreement. The deal supports AWS capacity expansion and signals confidence in sustained AI demand, although it also implies substantial future capital spending. Qualcomm AI Ambitions Get a Boost From Amazon Partnership Positive Sentiment: Amazon’s AI products are gaining enterprise validation. Rivian used Amazon Bedrock to automate finance work and eliminate more than 15 days of manual effort per close cycle, offering a concrete example of potential Bedrock demand. Amazon also expanded its Quick AI assistant to mobile devices. Rivian’s AI Agents Cut 15 Days From Every Close Positive Sentiment: Prime Air is moving closer to broader UK drone deliveries. Amazon completed more than 500 flights during a UK trial and is seeking approval to expand service in Darlington. Successful deployment could improve delivery economics and support longer-term logistics automation. Amazon delivery drones set for UK expansion Neutral Sentiment: Amazon Pay India is considering travel insurance and other financial products, expanding its potential addressable market but providing limited near-term earnings impact. Amazon Pay plans to expand insurance offerings Negative Sentiment: Risks remain around costs, leverage, and operations. Amazon’s AI buildout requires heavy capital spending and new debt, while potential changes to Ohio data-center tax incentives could reduce project economics. Separately, a fatal accident involving an aircraft operating for Prime Air has increased regulatory and reputational risk. Amazon’s Aviation Network Faces a Sobering Test Analysts Set New Price Targets Several equities analysts recently weighed in on the stock. Wells Fargo & Company restated an “overweight” rating and set a $338.00 target price (up from $328.00) on shares of Amazon.com in a report on Thursday, September 3rd. Wedbush boosted their price objective on Amazon.com from $293.00 to $310.00 and gave the stock an “outperform” rating in a research note on Friday, July 31st. Roth Capital reaffirmed a “buy” rating and issued a $325.00 target price on shares of Amazon.com in a research report on Monday, August 3rd. Barclays reiterated an “overweight” rating and set a $365.00 target price (up from $330.00) on shares of Amazon.com in a report on Friday, July 31st. Finally, Citigroup reissued a “market outperform” rating on shares of Amazon.com in a research report on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, fifty-six have assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $323.26. Get Our Latest Analysis on AMZN

Amazon.com Stock Performance Amazon.com stock opened at $256.78 on Monday. The firm’s 50-day moving average is $255.56 and its 200-day moving average is $244.40. 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 1 year low of $196.00 and a 1 year high of $287.20. The company has a market cap of $2.77 trillion, a P/E ratio of 20.66, a PEG ratio of 1.98 and a beta of 1.44.

Amazon.com (NASDAQ:AMZN – Get Free Report) last posted 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 net margin of 17.44% and a return on equity of 18.00%. The firm had revenue of $200.61 billion during the quarter, compared to analyst estimates of $197.03 billion. During the same period in the previous year, the business posted $1.68 EPS. Amazon.com’s revenue was up 19.6% on a year-over-year basis. On average, equities analysts expect that Amazon.com, Inc. will post 8.05 earnings per share for the current year.

Insider Buying and Selling at Amazon.com In other news, CEO Douglas Herrington sold 1,000 shares of the firm’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 completion of the sale, the chief executive officer directly owned 475,681 shares of the company’s stock, valued at $121,189,248.37. This trade represents a 0.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through 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 dated Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $606,860.43. Following the sale, the vice president directly owned 119,780 shares of the company’s stock, valued at $31,024,217.80. This 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 quarter, insiders sold 71,589 shares of company stock valued at $18,568,785. Corporate insiders own 8.90% of the company’s stock.

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 Why Bitcoin ETFs May Be Worth Another Look as Inflows Rebound 3 Small-Cap Biotechs With Binary Catalysts on the Calendar Planet Labs Has Fallen Back to Earth, But Wall Street Still Sees a Rebound As Homeowners’ Premiums Surge, This Insurer Is Posting Record Profits 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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Mowery & Schoenfeld Wealth Management LLC acquired a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 4,006 shares of the e-commerce giant’s stock, valued at approximately $955,000. Amazon.com comprises about 1.3% of Mowery & Schoenfeld Wealth Management LLC’s holdings, making the stock its 16th largest position.

Several other large investors have also made changes to their positions in the company. Norges Bank purchased a new stake in Amazon.com during the fourth quarter valued at about $32,868,735,000. Auto Owners Insurance Co raised its holdings 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 purchasing an additional 98,090,585 shares during the period. J. Stern & Co. LLP lifted its stake in shares of Amazon.com by 20,598.0% in the 4th quarter. J. Stern & Co. LLP now owns 87,982,814 shares of the e-commerce giant’s stock valued at $20,308,193,000 after purchasing an additional 87,557,736 shares in the last quarter. Bank of New York Mellon Corp purchased a new stake in shares of Amazon.com during the 2nd quarter worth about $16,341,405,000. Finally, Nuveen LLC acquired a new stake in Amazon.com during the 1st quarter worth approximately $11,674,091,000. 72.20% of the stock is owned by hedge funds and other institutional investors.

Insider Activity In related news, CEO Douglas J. Herrington sold 1,000 shares of the company’s stock in a transaction that occurred 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 represents a 0.21% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through 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 firm’s stock in a transaction 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 transaction, the chief executive officer owned 17,794 shares in the company, valued at $4,609,713.64. This trade represents 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. Insiders have sold a total of 71,589 shares of company stock valued at $18,568,785 over the last three months. Company insiders own 8.90% of the company’s stock.

Trending Headlines about Amazon.com Here are the key news stories impacting Amazon.com this week: Positive Sentiment: AWS remains the primary bullish catalyst. Analysts and market commentators described AWS as the “heartbeat” of the AI trade, citing its fastest growth in 18 quarters and Amazon’s ability to combine cloud AI services with its large e-commerce ecosystem. AWS Cloud Heartbeat of AI Trade Positive Sentiment: A major Qualcomm partnership strengthens Amazon’s AI infrastructure position. Amazon could purchase as much as $60 billion of Qualcomm AI data-center chips and related products under a long-term agreement. The deal supports AWS capacity expansion and signals confidence in sustained AI demand, although it also implies substantial future capital spending. Qualcomm AI Ambitions Get a Boost From Amazon Partnership Positive Sentiment: Amazon’s AI products are gaining enterprise validation. Rivian used Amazon Bedrock to automate finance work and eliminate more than 15 days of manual effort per close cycle, offering a concrete example of potential Bedrock demand. Amazon also expanded its Quick AI assistant to mobile devices. Rivian’s AI Agents Cut 15 Days From Every Close Positive Sentiment: Prime Air is moving closer to broader UK drone deliveries. Amazon completed more than 500 flights during a UK trial and is seeking approval to expand service in Darlington. Successful deployment could improve delivery economics and support longer-term logistics automation. Amazon delivery drones set for UK expansion Neutral Sentiment: Amazon Pay India is considering travel insurance and other financial products, expanding its potential addressable market but providing limited near-term earnings impact. Amazon Pay plans to expand insurance offerings Negative Sentiment: Risks remain around costs, leverage, and operations. Amazon’s AI buildout requires heavy capital spending and new debt, while potential changes to Ohio data-center tax incentives could reduce project economics. Separately, a fatal accident involving an aircraft operating for Prime Air has increased regulatory and reputational risk. Amazon’s Aviation Network Faces a Sobering Test Amazon.com Price Performance Shares of AMZN stock opened at $256.78 on Monday. The firm has a fifty day moving average of $255.56 and a two-hundred day moving average of $244.40. The firm has a market cap of $2.77 trillion, a P/E ratio of 20.66, a P/E/G 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 current ratio of 1.03 and a quick ratio of 0.87.

Amazon.com (NASDAQ:AMZN – Get Free Report) last issued 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 net margin of 17.44% and a return on equity of 18.00%. The company’s quarterly revenue was up 19.6% compared to the same quarter last year. During the same quarter last year, the company posted $1.68 earnings per share. As a group, research analysts anticipate that Amazon.com, Inc. will post 8.05 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth AMZN has been the topic of several research reports. Citizens Jmp restated a “market outperform” rating and issued a $315.00 price target on shares of Amazon.com in a report on Friday, July 31st. Oppenheimer reissued an “outperform” rating on shares of Amazon.com in a research report on Friday, July 31st. Monness Crespi & Hardt raised their target price on shares of Amazon.com from $315.00 to $330.00 and gave the company a “buy” rating in a research note on Friday, July 31st. Benchmark upped their price target on shares of Amazon.com from $370.00 to $400.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Finally, Robert W. Baird set a $310.00 price target on Amazon.com and gave the company an “outperform” rating in a report on Friday, July 31st. One research analyst has rated the stock with a Strong Buy rating, fifty-six have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Amazon.com presently has a consensus rating of “Moderate Buy” and an average target price of $323.26.

Get 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.

Featured Stories Five stocks we like better than Amazon.com Why Bitcoin ETFs May Be Worth Another Look as Inflows Rebound 3 Small-Cap Biotechs With Binary Catalysts on the Calendar Planet Labs Has Fallen Back to Earth, But Wall Street Still Sees a Rebound As Homeowners’ Premiums Surge, This Insurer Is Posting Record Profits

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The Boeing 767 overshot the runway at Miami International Airport, killing five people on the ground. Courtesy of NTSB Amazon has stopped working with the cargo airline whose plane crashed in Miami earlier this month.

The Boeing 767 had Amazon Prime Air's logo on the side when it overshot the runway and struck two vehicles, including a van carrying workers for a cleaning service. Five people on the ground were killed, and another five were injured.

"After the tragic incident last weekend, we've spent time supporting the investigation and reviewing some of the surrounding circumstances, and we've decided to pause our operations with 21 Air, the operator of Flight 7598," an Amazon spokesperson said on Sunday.

21 Air is headquartered in North Carolina and owned by Jim Crane, a logistics billionaire who also owns the Houston Astros.

Amazon's decision comes after the National Transportation Safety Board released some details on Wednesday from the airplane's black boxes — the cockpit voice recorder and the flight data recorder.

Investigators said that one of the pilots warned the other that they were approaching the runway too fast, but "there was not a consistent verbal response."

15 seconds after the airplane appeared to touch down, the data suggested that one pilot called for a go-around — aborting the landing attempt by pulling up and circling back around.

The flight data recorder showed the airplane's thrust increased consistent with a go-around attempt, but the throttles were then reduced, and the brakes were reapplied.

Chihoon Shin, the NTSB's lead investigator for the incident, also said, "The speed brakes and the thrust reversers were not deployed."

These are used to help slow the plane down upon landing, and Shin said it was not clear why they might not have been used.

In a statement on 21 Air's website, CEO Keith Winters said: "We are devastated by the accident."

"Our deepest condolences are with the families and loved ones of those who lost their lives," he added. "Our immediate priorities are supporting those affected, assisting the appropriate authorities, and ensuring that accurate and verified information is communicated as it becomes available."

The investigation continues, with a final report typically expected within one to two years.

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Pete Syme You're currently following this author! Want to unfollow? Unsubscribe via the link in your email.

Pete Syme is an aviation reporter for Business Insider, based in London.He writes about all things related to the industry, from aviation safety and CEO interviews to route reveals and airplane tours. Pete also uses data for industry analyses and to visualize breaking news events.Before joining Business Insider in 2022, he graduated with an MA in Newspaper Journalism from City, University of London, and a BA in English from the University of Exeter.

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