Track market-moving stories before they get noisy

Family Legacy Inc. bought a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 26,000 shares of the e-commerce giant’s stock, valued at approximately $6,197,000. Amazon.com comprises 1.7% of Family Legacy Inc.’s portfolio, making the stock its 18th biggest holding.

Several other hedge funds and other institutional investors have also recently bought and sold shares of AMZN. Trust Asset Management LLC grew its holdings in Amazon.com by 3.3% in the 2nd quarter. Trust Asset Management LLC now owns 107,563 shares of the e-commerce giant’s stock valued at $26,000 after buying an additional 3,414 shares during the period. MilWealth Group LLC lifted its holdings 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 acquiring an additional 79 shares during the period. Lifetime Wealth Management P.C. acquired a new stake in shares of Amazon.com in the fourth quarter worth approximately $45,000. Elkhorn Partners Limited Partnership boosted its position 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 worth $46,000 after acquiring an additional 180 shares during the last quarter. Finally, Fairway Wealth LLC grew its holdings in Amazon.com by 95.6% in the fourth quarter. Fairway Wealth LLC now owns 221 shares of the e-commerce giant’s stock valued at $51,000 after purchasing an additional 108 shares during the period. 72.20% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes A number of equities analysts have weighed in on the stock. Phillip Securities downgraded shares of Amazon.com from a “strong-buy” rating to a “moderate buy” rating in a research note on Monday, August 3rd. Arete Research upped their price objective on Amazon.com from $301.00 to $310.00 and gave the stock a “buy” rating in a report on Monday, May 18th. Needham & Company LLC reaffirmed a “buy” rating and issued a $300.00 target price on shares of Amazon.com in a research report on Friday, July 31st. Truist Financial upped their price target on Amazon.com from $320.00 to $350.00 and gave the stock a “buy” rating in a research note on Friday, July 31st. Finally, Citizens Jmp restated a “market outperform” rating and issued a $315.00 price objective on shares of Amazon.com 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 assigned a Hold rating to the stock. According to data from MarketBeat.com, Amazon.com presently has an average rating of “Moderate Buy” and a consensus price target of $323.26.

View Our Latest Report on AMZN Amazon.com Price Performance Shares of NASDAQ AMZN opened at $256.97 on Wednesday. The company has a market capitalization of $2.77 trillion, a price-to-earnings ratio of 20.67, a PEG ratio of 1.99 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 1-year low of $196.00 and a 1-year high of $287.20. The business has a 50-day moving average of $254.88 and a 200-day moving average of $243.41.

Amazon.com (NASDAQ:AMZN – Get Free Report) last released its quarterly 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 firm had revenue of $200.61 billion during the quarter, compared to analysts’ expectations of $197.03 billion. During the same quarter in the prior year, the business earned $1.68 EPS. Amazon.com’s quarterly revenue was up 19.6% compared to the same quarter last year. On average, equities analysts anticipate that Amazon.com, Inc. will post 8.05 EPS for the current fiscal year.

Insiders Place Their Bets In related news, SVP David Zapolsky sold 9,258 shares of the firm’s stock in a transaction on Monday, August 24th. The shares were 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 of the company’s stock, valued at approximately $10,699,926.30. This trade represents a 18.35% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew S. Garman sold 14,541 shares of Amazon.com stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the sale, the chief executive officer directly owned 17,794 shares in the company, valued at $4,609,713.64. This trade represents a 44.97% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 71,589 shares of company stock valued at $18,568,785. Corporate 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 expands its custom-chip strategy. Amazon and Qualcomm announced a multi-generation collaboration to develop customized AI data-center silicon, initially focused on AWS inference, along with optical-connectivity solutions of up to 1.6T. The agreement diversifies Amazon’s supply chain beyond Nvidia, Broadcom and its internally developed Trainium chips, while supporting AWS’s long-term AI infrastructure buildout. Qualcomm Announces Multi-Generational Product Collaboration with Amazon Positive Sentiment: Profitability remains a key investment argument. Commentary highlighted AWS’s roughly 39% operating margin and recent acceleration in cloud growth as reasons investors may view Amazon’s valuation as attractive, particularly with the stock trading near its 50-day moving average and below its recent high. Amazon’s AWS Operating Margin Neutral Sentiment: Amazon is preparing a sterling bond offering. The company has hired banks for its first sterling-denominated bond sale, apparently seeking additional funding sources for major AI and infrastructure investments. The move may improve financing flexibility, but it also underscores the scale of Amazon’s capital requirements. Amazon Hires Banks for First Sterling Bond Sale Negative Sentiment: Fatal Prime Air crash increases operational and reputational risk. Federal investigators are examining why a contractor-operated Boeing 767 cargo jet overshot the Miami runway by about 1,300 feet, killing five people. The investigation could bring additional scrutiny to Amazon Air’s contractor oversight, logistics practices and potential liability. Investigators Probe Amazon Cargo Plane Crash Negative Sentiment: Employment lawsuit adds legal and regulatory uncertainty. Four former warehouse workers allege Amazon discriminated against pregnant employees by penalizing medically necessary breaks and absences. The class-action complaint could create litigation costs and renewed scrutiny of warehouse labor policies. Amazon Sued for Allegedly Discriminating Against Pregnant Workers Amazon.com Company Profile (Free Report)

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

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

Recommended Stories Five stocks we like better than Amazon.com Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For

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.

Clearstead Trust LLC acquired a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 69,665 shares of the e-commerce giant’s stock, valued at approximately $16,604,000. Amazon.com accounts for 2.2% of Clearstead Trust LLC’s investment portfolio, making the stock its 10th biggest position.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. MilWealth Group LLC raised its holdings in shares of Amazon.com by 79.0% in the fourth quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock valued at $41,000 after acquiring an additional 79 shares in the last quarter. Lifetime Wealth Management P.C. bought a new position in Amazon.com during the 4th quarter worth about $45,000. Elkhorn Partners Limited Partnership grew its holdings in Amazon.com by 900.0% during the 4th quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock worth $46,000 after acquiring an additional 180 shares in the last quarter. Fairway Wealth LLC increased its position in Amazon.com by 95.6% during the 4th quarter. Fairway Wealth LLC now owns 221 shares of the e-commerce giant’s stock valued at $51,000 after purchasing an additional 108 shares during the period. Finally, Prudent Man Investment Management Inc. increased its position in 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 period. 72.20% of the stock is owned by institutional investors.

Insider Buying and Selling at Amazon.com In other news, CEO Douglas Herrington sold 1,000 shares of Amazon.com stock in a transaction on Tuesday, September 1st. The shares were 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 in the company, valued at approximately $121,189,248.37. The trade was a 0.21% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, VP Shelley Reynolds sold 2,343 shares of the 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 $606,860.43. Following the sale, the vice president directly owned 119,780 shares in the company, valued at $31,024,217.80. This trade represents a 1.92% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 71,589 shares of company stock valued at $18,568,785. Company insiders own 8.90% of the company’s stock.

Analyst Upgrades and Downgrades Several equities research analysts have recently weighed in on the stock. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Amazon.com in a research report on Monday, August 3rd. Pivotal Research restated a “buy” rating and set a $333.00 target price (up from $320.00) on shares of Amazon.com in a report on Friday, July 31st. Piper Sandler reaffirmed an “overweight” rating and set a $320.00 target price (up from $315.00) on shares of Amazon.com in a research report on Friday, July 31st. Monness Crespi & Hardt lifted 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. Finally, Citizens Jmp reissued a “market outperform” rating and issued a $315.00 price target 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 assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $323.26. View Our Latest Stock Report on Amazon.com

Amazon.com Price Performance Shares of NASDAQ AMZN opened at $256.97 on Wednesday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03. The company has a market cap of $2.77 trillion, a PE ratio of 20.67, a P/E/G ratio of 1.99 and a beta of 1.44. The business has a 50-day simple moving average of $254.88 and a two-hundred day simple moving average of $243.41. 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 released 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 during 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%. Amazon.com’s revenue for the quarter was up 19.6% on a year-over-year basis. During the same period last year, the business earned $1.68 EPS. As a group, equities analysts expect that Amazon.com, Inc. will post 8.05 EPS for the current fiscal year.

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

Positive Sentiment: AWS expands its custom-chip strategy. Amazon and Qualcomm announced a multi-generation collaboration to develop customized AI data-center silicon, initially focused on AWS inference, along with optical-connectivity solutions of up to 1.6T. The agreement diversifies Amazon’s supply chain beyond Nvidia, Broadcom and its internally developed Trainium chips, while supporting AWS’s long-term AI infrastructure buildout. Qualcomm Announces Multi-Generational Product Collaboration with Amazon Positive Sentiment: Profitability remains a key investment argument. Commentary highlighted AWS’s roughly 39% operating margin and recent acceleration in cloud growth as reasons investors may view Amazon’s valuation as attractive, particularly with the stock trading near its 50-day moving average and below its recent high. Amazon’s AWS Operating Margin Neutral Sentiment: Amazon is preparing a sterling bond offering. The company has hired banks for its first sterling-denominated bond sale, apparently seeking additional funding sources for major AI and infrastructure investments. The move may improve financing flexibility, but it also underscores the scale of Amazon’s capital requirements. Amazon Hires Banks for First Sterling Bond Sale Negative Sentiment: Fatal Prime Air crash increases operational and reputational risk. Federal investigators are examining why a contractor-operated Boeing 767 cargo jet overshot the Miami runway by about 1,300 feet, killing five people. The investigation could bring additional scrutiny to Amazon Air’s contractor oversight, logistics practices and potential liability. Investigators Probe Amazon Cargo Plane Crash Negative Sentiment: Employment lawsuit adds legal and regulatory uncertainty. Four former warehouse workers allege Amazon discriminated against pregnant employees by penalizing medically necessary breaks and absences. The class-action complaint could create litigation costs and renewed scrutiny of warehouse labor policies. Amazon Sued for Allegedly Discriminating Against Pregnant Workers Amazon.com Company Profile (Free Report)

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

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

Recommended Stories Five stocks we like better than Amazon.com Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For

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.

BIP Wealth LLC purchased a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN) in the second quarter, according to its most recent filing with the SEC. The firm purchased 53,933 shares of the e-commerce giant’s stock, valued at approximately $12,854,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in AMZN. Trust Asset Management LLC increased its stake in Amazon.com by 3.3% in the second quarter. Trust Asset Management LLC now owns 107,563 shares of the e-commerce giant’s stock valued at $26,000 after purchasing an additional 3,414 shares in the last quarter. MilWealth Group LLC grew its stake in shares of Amazon.com by 79.0% in the 4th quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock valued at $41,000 after buying an additional 79 shares during the period. Lifetime Wealth Management P.C. acquired a new position in Amazon.com during the 4th quarter worth approximately $45,000. Elkhorn Partners Limited Partnership boosted its holdings in Amazon.com by 900.0% in the fourth quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock worth $46,000 after acquiring an additional 180 shares in the last quarter. Finally, Fairway Wealth LLC grew its stake in Amazon.com by 95.6% in the fourth quarter. Fairway Wealth LLC now owns 221 shares of the e-commerce giant’s stock valued at $51,000 after acquiring an additional 108 shares during the period. 72.20% of the stock is owned by institutional investors and hedge funds.

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

Positive Sentiment: AWS expands its custom-chip strategy. Amazon and Qualcomm announced a multi-generation collaboration to develop customized AI data-center silicon, initially focused on AWS inference, along with optical-connectivity solutions of up to 1.6T. The agreement diversifies Amazon’s supply chain beyond Nvidia, Broadcom and its internally developed Trainium chips, while supporting AWS’s long-term AI infrastructure buildout. Qualcomm Announces Multi-Generational Product Collaboration with Amazon Positive Sentiment: Profitability remains a key investment argument. Commentary highlighted AWS’s roughly 39% operating margin and recent acceleration in cloud growth as reasons investors may view Amazon’s valuation as attractive, particularly with the stock trading near its 50-day moving average and below its recent high. Amazon’s AWS Operating Margin Neutral Sentiment: Amazon is preparing a sterling bond offering. The company has hired banks for its first sterling-denominated bond sale, apparently seeking additional funding sources for major AI and infrastructure investments. The move may improve financing flexibility, but it also underscores the scale of Amazon’s capital requirements. Amazon Hires Banks for First Sterling Bond Sale Negative Sentiment: Fatal Prime Air crash increases operational and reputational risk. Federal investigators are examining why a contractor-operated Boeing 767 cargo jet overshot the Miami runway by about 1,300 feet, killing five people. The investigation could bring additional scrutiny to Amazon Air’s contractor oversight, logistics practices and potential liability. Investigators Probe Amazon Cargo Plane Crash Negative Sentiment: Employment lawsuit adds legal and regulatory uncertainty. Four former warehouse workers allege Amazon discriminated against pregnant employees by penalizing medically necessary breaks and absences. The class-action complaint could create litigation costs and renewed scrutiny of warehouse labor policies. Amazon Sued for Allegedly Discriminating Against Pregnant Workers Amazon.com Price Performance Amazon.com stock opened at $256.97 on Wednesday. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week high of $287.20. The company’s 50 day moving average price is $254.88 and its two-hundred day moving average price is $243.41. The stock has a market cap of $2.77 trillion, a P/E ratio of 20.67, a P/E/G ratio of 1.99 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 (NASDAQ:AMZN – Get Free Report) last released its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.82 by $3.93. The company 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%.Amazon.com’s quarterly revenue was up 19.6% on a year-over-year basis. During the same period in the prior year, the company posted $1.68 earnings per share. On average, equities analysts predict that Amazon.com, Inc. will post 8.05 earnings per share for the current year.

Insiders Place Their Bets In other Amazon.com news, CEO Douglas Herrington sold 6,362 shares of the company’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $259.01, for a total value of $1,647,821.62. Following the completion of the transaction, the chief executive officer owned 476,681 shares in the company, valued at $123,465,145.81. This represents a 1.32% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through 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 Amazon.com 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 approximately $10,699,926.30. This represents a 18.35% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 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 insiders.

Analysts Set New Price Targets AMZN has been the subject of several recent research reports. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a $325.00 price objective (up from $315.00) on shares of Amazon.com in a report on Friday, July 31st. Monness Crespi & Hardt lifted their price target on shares of Amazon.com from $315.00 to $330.00 and gave the company a “buy” rating in a research 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 note on Friday, July 31st. Barclays restated an “overweight” rating and set a $365.00 price objective (up from $330.00) on shares of Amazon.com in a report on Friday, July 31st. Finally, JPMorgan Chase & Co. boosted their target price on shares of Amazon.com from $330.00 to $365.00 and gave the stock an “overweight” rating 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 assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $323.26.

Check Out Our Latest Stock Analysis 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.

See Also Five stocks we like better than Amazon.com Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For 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.

Bridgewater Advisors Inc. purchased a new position in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 76,356 shares of the e-commerce giant’s stock, valued at approximately $21,687,000. Amazon.com comprises 1.2% of Bridgewater Advisors Inc.’s holdings, making the stock its 13th biggest holding.

Other institutional investors also recently added to or reduced their stakes in the company. SFE Investment Counsel purchased a new stake in Amazon.com in the second quarter valued at approximately $19,383,000. Alesco Advisors LLC An ESL Co purchased a new stake in Amazon.com in the 2nd quarter valued at $5,100,000. Bank Hapoalim BM purchased a new stake in Amazon.com in the 2nd quarter valued at $20,761,000. BIP Wealth LLC acquired a new stake in Amazon.com during the 2nd quarter worth $12,854,000. Finally, Phillips Financial Management LLC acquired a new stake in Amazon.com during the 2nd quarter worth $2,450,000. Institutional investors and hedge funds own 72.20% of the company’s stock.

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

Positive Sentiment: AWS expands its custom-chip strategy. Amazon and Qualcomm announced a multi-generation collaboration to develop customized AI data-center silicon, initially focused on AWS inference, along with optical-connectivity solutions of up to 1.6T. The agreement diversifies Amazon’s supply chain beyond Nvidia, Broadcom and its internally developed Trainium chips, while supporting AWS’s long-term AI infrastructure buildout. Qualcomm Announces Multi-Generational Product Collaboration with Amazon Positive Sentiment: Profitability remains a key investment argument. Commentary highlighted AWS’s roughly 39% operating margin and recent acceleration in cloud growth as reasons investors may view Amazon’s valuation as attractive, particularly with the stock trading near its 50-day moving average and below its recent high. Amazon’s AWS Operating Margin Neutral Sentiment: Amazon is preparing a sterling bond offering. The company has hired banks for its first sterling-denominated bond sale, apparently seeking additional funding sources for major AI and infrastructure investments. The move may improve financing flexibility, but it also underscores the scale of Amazon’s capital requirements. Amazon Hires Banks for First Sterling Bond Sale Negative Sentiment: Fatal Prime Air crash increases operational and reputational risk. Federal investigators are examining why a contractor-operated Boeing 767 cargo jet overshot the Miami runway by about 1,300 feet, killing five people. The investigation could bring additional scrutiny to Amazon Air’s contractor oversight, logistics practices and potential liability. Investigators Probe Amazon Cargo Plane Crash Negative Sentiment: Employment lawsuit adds legal and regulatory uncertainty. Four former warehouse workers allege Amazon discriminated against pregnant employees by penalizing medically necessary breaks and absences. The class-action complaint could create litigation costs and renewed scrutiny of warehouse labor policies. Amazon Sued for Allegedly Discriminating Against Pregnant Workers Analysts Set New Price Targets A number of equities research analysts have recently commented on AMZN shares. Monness Crespi & Hardt upped their target price on shares of Amazon.com from $315.00 to $330.00 and gave the company a “buy” rating in a report on Friday, July 31st. Weiss Ratings restated a “buy (b)” rating on shares of Amazon.com in a research report on Monday, August 3rd. JPMorgan Chase & Co. upped their price objective on Amazon.com from $330.00 to $365.00 and gave the company an “overweight” rating in a research note on Friday, July 31st. Benchmark increased their price objective on Amazon.com from $370.00 to $400.00 and gave the stock a “buy” rating in a research report on Friday, July 31st. Finally, BMO Capital Markets reiterated an “outperform” rating and issued a $360.00 target price (up from $355.00) on shares of Amazon.com in a research note on Tuesday, July 28th. One investment 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.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $323.26. Get Our Latest Analysis on Amazon.com

Insider Activity at Amazon.com In related news, VP Shelley Reynolds sold 2,343 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 $606,860.43. Following the sale, the vice president owned 119,780 shares in the company, valued at $31,024,217.80. This represents a 1.92% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Andrew Jassy sold 20,000 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 value of $5,180,200.00. Following 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. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 71,589 shares of company stock worth $18,568,785. 8.90% of the stock is currently owned by company insiders.

Amazon.com Trading Down 0.6% NASDAQ:AMZN opened at $256.97 on Wednesday. The stock has a fifty day moving average price of $254.88 and a two-hundred day moving average price of $243.41. The stock has a market capitalization of $2.77 trillion, a price-to-earnings ratio of 20.67, a PEG ratio of 1.99 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 1 year low of $196.00 and a 1 year high of $287.20.

Amazon.com (NASDAQ:AMZN – Get Free Report) last announced its quarterly earnings data on Thursday, July 30th. The e-commerce giant reported $5.75 EPS for the quarter, beating 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 analysts’ expectations of $197.03 billion. During the same quarter last year, the business earned $1.68 earnings per share. The business’s revenue for the quarter was up 19.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Amazon.com, Inc. will post 8.05 earnings per share for the current fiscal year.

About Amazon.com (Free Report)

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

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

See Also Five stocks we like better than Amazon.com Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For

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.

Qualcomm (QCOM +1.98%) isn't one of the first names that come to mind when considering data center infrastructure, but that may change soon. The chip company announced a deal with Amazon (AMZN -1.94%) to buy up to $60 billion of its AI data center chips.

As part of the deal, Qualcomm will grant Amazon warrants worth about $4 billion that will vest with product purchases. Amazon will be able to purchase Qualcomm shares at $161.26 per share.

Qualcomm and Amazon will also work together to improve high-performance optical connectivity to support fast-growing bandwidth demands in AI infrastructure. And Qualcomm will increase its use of Amazon Web Services and Amazon Bedrock infrastructure to reduce chip design cycles.

"As AI demand accelerates, data center infrastructure will require advances in both computing and connectivity to deliver greater performance with more efficiency," Qualcomm CEO Cristiano Amon said. "Qualcomm is pleased to work with AWS on customized silicon and connectivity solutions, bringing decades of leadership in advanced processing and power-efficient compute, to deliver breakthrough performance and enable the next generation of AI infrastructure."

Image source: The Motley Fool.

Qualcomm's partnership with Amazon is expected to continue for multiple generations of chips for large-scale AI data centers. It signals Qualcomm's growing effort to broaden its portfolio beyond smartphones -- particularly important, as Apple has announced plans to phase out its reliance on Qualcomm cellular modems and use in-house C-series silicon.

About Qualcomm stockQualcomm, which is based in San Diego, has long been best known for designing high-performance, low-power chips for mobile devices, personal computers, automobiles, robotics, and wearable devices. Shares have been on a roller-coaster this year and have fallen throughout the summer.

Revenues for the fiscal third quarter (ending June 28) fell 4% to $9.94 billion, net income dropped 25% to $2 billion, and diluted earnings per share slid 23% to $1.87. Handset revenue plummeted 20% to $5.08 billion.

Premium Feature

Moneyball Superscore

81/100

Today's Change

(

1.98

%) $

3.45

Current Price

$

177.54

Meanwhile, Qualcomm said it expects its Apple revenue to fall 50% from the September to December quarter, although that will be offset somewhat by sequential growth in Android phones.

Qualcomm enters the data center marketIt's against this backdrop that Qualcomm is pinning its hopes on securing a foothold in the fast-growing AI data center market.

Qualcomm previously identified Meta Platforms as its first data center customer, announcing in June that it reached a multi-generation supply agreement to power Meta's servers with Dragonfly C1000 CPUs. It also acquired AI software start-up Modular in an all-stock deal valued at nearly $4 billion. Modular makes software that supports CPUs, GPUs, and custom chip architectures, enabling AI models to run across them without requiring developers to rewrite code for each processor.

"This is the ideal and logical time for Qualcomm to enter the market, as agentic workloads are reshaping the economics of AI," Amon said. "Efficient token generation and total cost of ownership are fundamental to scaling AI. And as a result, inference is becoming disaggregated in the data center and will be increasingly distributed. This means hybrid inference will evolve across the entire compute continuum from data center to on-premise network edge and edge devices. Given Qualcomm's assets, it's a natural evolution of our growth story."

Qualcomm is projecting that its non-handset business -- including automotive, technology for the Internet of Things, and data center -- will rise to $40 billion by the 2029 fiscal year, or roughly two-thirds of Qualcomm's revenue for its semiconductor business. That is a dramatic change from its 2025 fiscal year, when handset revenue made up about 75% of the segment's revenue.

Qualcomm believes there is a $1 trillion total market opportunity in its data center segment, including connectivity, custom silicon, AI accelerators, and server-class CPUs. It aims to generate more than $15 billion in that business by 2029, with a long-term goal of capturing 5% of the total market.

The Amazon deal is a major step toward Qualcomm achieving its goal. Qualcomm stock rose 3% on Tuesday's announcement.

Bank Hapoalim BM bought a new position in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 87,107 shares of the e-commerce giant’s stock, valued at approximately $20,761,000. Amazon.com makes up about 1.4% of Bank Hapoalim BM’s portfolio, making the stock its 12th largest holding.

A number of other large investors have also made changes to their positions in the company. Red Crane Wealth Management LLC boosted its position 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 during the period. Robinson Smith Wealth Advisors LLC raised its position in Amazon.com by 0.7% during the first quarter. Robinson Smith Wealth Advisors LLC now owns 5,509 shares of the e-commerce giant’s stock valued at $1,147,000 after buying an additional 40 shares during the period. Sfam LLC lifted its stake in Amazon.com by 3.4% in the 1st quarter. Sfam LLC now owns 1,224 shares of the e-commerce giant’s stock worth $255,000 after acquiring an additional 40 shares in the last quarter. Measured Risk Portfolios Inc. lifted its stake in Amazon.com by 3.4% in the 1st quarter. Measured Risk Portfolios Inc. now owns 1,206 shares of the e-commerce giant’s stock worth $251,000 after acquiring an additional 40 shares in the last quarter. Finally, CoreFirst Bank & Trust boosted its position in Amazon.com by 1.1% during the 1st quarter. CoreFirst Bank & Trust now owns 3,620 shares of the e-commerce giant’s stock worth $754,000 after acquiring an additional 40 shares during the period. Institutional investors and hedge funds own 72.20% of the company’s stock.

Wall Street Analyst Weigh In Several equities analysts have weighed in on AMZN shares. HSBC reaffirmed a “buy” rating and set a $310.00 target price on shares of Amazon.com in a research note on Friday, July 31st. Cantor Fitzgerald restated an “overweight” rating and set a $320.00 price target (down from $330.00) on shares of Amazon.com in a report on Friday, July 31st. Oppenheimer restated an “outperform” rating on shares of Amazon.com in a report on Friday, July 31st. Needham & Company LLC reaffirmed a “buy” rating and set a $300.00 price objective on shares of Amazon.com in a research report on Friday, July 31st. Finally, Truist Financial upped their price objective on shares of Amazon.com from $320.00 to $350.00 and gave the company a “buy” rating in a research note on Friday, July 31st. One equities research 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. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $323.26.

Check Out Our Latest Stock Analysis on Amazon.com Amazon.com News Summary Here are the key news stories impacting Amazon.com this week:

Positive Sentiment: AWS expands its custom-chip strategy. Amazon and Qualcomm announced a multi-generation collaboration to develop customized AI data-center silicon, initially focused on AWS inference, along with optical-connectivity solutions of up to 1.6T. The agreement diversifies Amazon’s supply chain beyond Nvidia, Broadcom and its internally developed Trainium chips, while supporting AWS’s long-term AI infrastructure buildout. Qualcomm Announces Multi-Generational Product Collaboration with Amazon Positive Sentiment: Profitability remains a key investment argument. Commentary highlighted AWS’s roughly 39% operating margin and recent acceleration in cloud growth as reasons investors may view Amazon’s valuation as attractive, particularly with the stock trading near its 50-day moving average and below its recent high. Amazon’s AWS Operating Margin Neutral Sentiment: Amazon is preparing a sterling bond offering. The company has hired banks for its first sterling-denominated bond sale, apparently seeking additional funding sources for major AI and infrastructure investments. The move may improve financing flexibility, but it also underscores the scale of Amazon’s capital requirements. Amazon Hires Banks for First Sterling Bond Sale Negative Sentiment: Fatal Prime Air crash increases operational and reputational risk. Federal investigators are examining why a contractor-operated Boeing 767 cargo jet overshot the Miami runway by about 1,300 feet, killing five people. The investigation could bring additional scrutiny to Amazon Air’s contractor oversight, logistics practices and potential liability. Investigators Probe Amazon Cargo Plane Crash Negative Sentiment: Employment lawsuit adds legal and regulatory uncertainty. Four former warehouse workers allege Amazon discriminated against pregnant employees by penalizing medically necessary breaks and absences. The class-action complaint could create litigation costs and renewed scrutiny of warehouse labor policies. Amazon Sued for Allegedly Discriminating Against Pregnant Workers Insider Buying and Selling at Amazon.com In related news, CFO Brian T. Olsavsky sold 6,172 shares of the company’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $260.31, for a total value of $1,606,633.32. Following the completion of the sale, the chief financial officer directly owned 109,207 shares in the company, valued at approximately $28,427,674.17. This represents a 5.35% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible 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 stock in a transaction on 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 transaction, the senior vice president directly owned 41,190 shares in the company, valued at $10,699,926.30. The trade was a 18.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 71,589 shares of company stock worth $18,568,785 in the last ninety days. Company insiders own 8.90% of the company’s stock.

Amazon.com Trading Down 0.6% NASDAQ:AMZN opened at $256.97 on Wednesday. The stock’s 50 day moving average price is $254.88 and its 200 day moving average price is $243.41. Amazon.com, Inc. has a 52 week low of $196.00 and a 52 week high of $287.20. The company has a market capitalization of $2.77 trillion, a P/E ratio of 20.67, a P/E/G ratio of 1.99 and a beta of 1.44. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.87 and a current ratio of 1.03.

Amazon.com (NASDAQ:AMZN – Get Free Report) last 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. The firm had revenue of $200.61 billion during 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 revenue was up 19.6% compared to the same quarter last year. During the same period in the previous year, the company earned $1.68 earnings per share. On average, research analysts forecast that Amazon.com, Inc. will post 8.05 EPS for the current fiscal year.

About Amazon.com (Free Report)

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

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

Read More Five stocks we like better than Amazon.com Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For

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.

AWS just posted its fastest growth in 18 quarters, yet Amazon shares are lagging the S&P 500 and sliding further. Here is why that disconnect could set up one of the boldest stock plays of the decade.

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.

Amazon (NASDAQ:AMZN | AMZN Price Prediction) just posted its fastest AWS growth in 18 quarters, yet the stock is up only 10.88% year to date, trailing the S&P 500’s 12.53%.

That’s a strange result for a business where AWS is now running at a $169 billion annualized run rate and CEO Andy Jassy is publicly guiding investors toward a potential trillion dollar annual revenue business for AWS alone. Which brings me to the question I want to answer: can Amazon shares realistically hit $500 by 2030?

Why Amazon Shares Are Stuck Despite a Booming AWS Shares have gone the wrong way lately. AMZN is down 3.94% over the past week and 6.13% over the past month, with a one-year return of just 8.6% against the S&P’s 18.22%.

The disconnect is capex. Amazon spent $54.208 billion in a single quarter, plans roughly $200 billion in 2026, and trailing free cash flow flipped to negative $7.6 billion. Q3 guidance also implies growth decelerates to 9% to 12%. Add a beta of 1.44, and you get exactly what we’re seeing: a nervous market punishing near-term cash burn even while the demand story gets bigger.

Wall Street Sees 27% Upside. Our Model Says 38% The Street is heavily bullish. The consensus target sits at $328.17, with 15 Strong Buys, 44 Buys, 2 Holds, and zero Sells. Our own model goes further, projecting a one-year base case of $356.16, an upside of 37.77%, with a bull case at $407.01 and confidence rated high (0.9). I think the consensus is too conservative.

With 97% of analysts bullish and earnings growth contributing meaningfully to our 247Factor via strong earnings acceleration, the setup argues for multiple expansion once capex intensity peaks. Analysts often lag the pivot from “investment mode” to “harvest mode.” That’s the window Amazon is walking into.

Charting a Path to $500 Per Share by 2030 Reaching $500 from today’s price of $258.51 would require a gain of 93.4%. With forward EPS of $14.42, a price of $500 implies a forward P/E of 35x. Our base case of $356.16 already implies 21x, meaning the bold target requires 14x of additional multiple expansion.

That is a real stretch, but it is achievable if EPS compounds meaningfully by 2030 and the market rewards the AWS earnings mix. The 247Factor adjustment of 1.097 already reflects strong analyst consensus and earnings acceleration.

Jassy told investors AWS “added over $4.6 billion in revenue quarter over quarter” with a $496 billion backlog, and that the chips business now has an annual revenue run rate of over $25 billion, growing triple-digit percentages year over year.

Ads at $19.809 billion quarterly (up 26%) is the profit accelerant Wall Street still underestimates. The primary risk is that AI capex overshoots demand and depresses returns on invested capital for years.

Where Amazon Trades Today vs Its Earnings Power At $258.51 against forward EPS of $14.42, Amazon trades at roughly 18x forward earnings. That looks reasonable for a business compounding AWS at 37% and ads at 26%.

Shares sit between a 52-week low of $196 and a high of $287.20, and the 10-year return of 548.88% more than doubles the S&P’s 250.34%. That long-term track record is exactly what supports paying up for the earnings power still building underneath the capex wave.

Is $500 Realistic? Here’s My Take Reaching $500 by 2030 requires a 93.4% gain from here. My verdict: a stretch, but a credible one.

Three things need to go right. AWS has to keep compounding above 30% into 2027 as capacity contracted for 2027 and 2028 comes online. Free cash flow has to inflect sharply once data-center spend normalizes. And advertising plus custom silicon need to keep pushing operating margin higher.

The derailer would be AI demand slowing before that $200 billion 2026 capex program earns its return. Returns at this level shouldn’t be expected every year, but we’ve outlined the blueprint for how Amazon could reach $500 in 2030.

Contact [email protected] for any questions or corrections.

The multigeneration partnership expands AWS's silicon bench, but disclosed economics stop at bandwidth--not revenue, pricing or deployment dates. Summary

AWS gains another chip designer while Qualcomm becomes a larger cloud customer.

Amazon AMZN, the e-commerce and cloud-computing powerhouse, expanded its custom-chip ambitions Tuesday by bringing Qualcomm into a multigeneration partnership. The alliance targets AI inference silicon and optical networking capable of reaching 1.6 terabits per second. Amazon shares fell approximately 1.3% to $255.13 in early trading.

AWS delivered $42.2 billion in second-quarter revenue, up 37%, while operating income reached $16.6 billion. Amazon said both its chip franchise and broader AI business had crossed annual revenue run rates of $25 billion. Qualcomm will deepen the relationship from both directions, helping design Amazon hardware while using more AWS infrastructure and AI services to develop its own semiconductors.

The real prize is cheaper inference, not another headline-grabbing chip specification. AWS posted an operating margin of roughly 39.3%, so every efficiency gain could protect the profit engine financing Amazon's AI buildout. The chart shows the stock trading only 2.96% above its $247.80 GF Value, leaving limited valuation cushion as infrastructure spending keeps trailing free cash flow negative. Qualcomm may strengthen Amazon's chip arsenal and expand its customer base, but the companies disclosed no pricing, purchase commitments or deployment timetable.

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

Amazon was sued on Tuesday in a proposed nationwide class action accusing the retailer of systematically discriminating against thousands of pregnant employees, including by firing some it claimed took too much time off.

According to a complaint filed by four former warehouse employees, Amazon routinely violates federal and New York worker-protection laws by denying pregnant workers basic accommodations such as chairs, bathroom and water breaks, and time off for prenatal appointments.

The complaint said Amazon threatens and regularly fires pregnant employees who miss too much work, and illegally demands medical documentation from those seeking accommodations. It said these actions violate the federal Pregnant Workers Fairness Act and New York labor law.

According to a complaint filed by four former warehouse employees, Amazon routinely violates federal and New York worker-protection laws by denying pregnant workers basic accommodations such as chairs, bathroom and water breaks, and time off for prenatal appointments. Getty Images “Amazon is one of this country’s largest employers, [and] it is no surprise that many of its workers become pregnant,” according to the complaint filed in the Brooklyn, New York, federal court. “Yet Amazon violates the law at every turn.”

Kelly Nantel, an Amazon spokesperson, said the retailer provides pregnancy-related accommodations to tens of thousands of employees annually, and approved more than 99.9% of requests in the last year. “Ensuring the health and well-being of our employees is one of our greatest responsibilities,” she said.

The lawsuit seeks lost pay and benefits, punitive damages, and an injunction against discrimination against pregnant employees.

Amazon has long faced complaints in court about its treatment of employees, including those seeking to unionize.

The Seattle-based retailer is the second-largest US private employer, trailing Walmart, with 1.58 million full-time and part-time employees at the end of 2025. AP Photo/Michael Sohn The Seattle-based retailer is the second-largest US private employer, trailing Walmart, with 1.58 million full-time and part-time employees at the end of 2025.

Hospitalization led to dismissal, lawsuit says Tuesday’s lawsuit was filed by A Better Balance, a nonprofit that advocates for workers’ rights.

It came 11 months after New Jersey sued Amazon, accusing it of widespread discrimination against warehouse employees who had disabilities or were pregnant. New York filed a similar case in 2022.

Amazon has long faced complaints in court about its treatment of employees, including those seeking to unionize. USA TODAY Network via Reuters Connect One plaintiff, Willamina Barclay, said Amazon gave her a termination warning on June 17, 2025, one day after she was taken in a wheelchair out of its Rochester, NY, warehouse and hospitalized with a pregnancy-related emergency.

Barclay said she was suffering severe abdominal pain from lifting heavy objects, but Amazon claimed the hospital visit pushed her over her limit for unpaid time off, and docked her because she “worked partially that day.”

Start your day with all you need to know Morning Report delivers the latest news, videos, photos and more.

Thanks for signing up!

She was fired five days later, the complaint said.

Nantel said the four plaintiffs’ accounts “contain inaccuracies and omit important details.”

The Equal Employment Opportunity Commission plans in November to propose changes to regulations underlying the Pregnant Workers Fairness Act.

That agency has aligned itself with President Trump’s policies, and EEOC Chair Andrea Lucas said in 2024 that the regulations for pregnant employees are too broad.

The EEOC did not immediately respond to requests for comment. The office of New Jersey Attorney General Jennifer Davenport, whose predecessor filed that state’s lawsuit, did not immediately respond to similar requests.

It's hard to remember that Amazon (AMZN -0.60%) started as an online bookseller in 1994. Thanks to co-founder and then-CEO Jeff Bezos' vision, it quickly grew to sell virtually everything imaginable online. Today, it has added physical stores, devices, a streaming service, advertising services, and a cloud-computing platform.

Bezos remains Amazon's largest shareholder, which should give investors confidence. Still, looking closer at the holdings and the company, should you follow his lead and make the stock part of your core long-term holdings?

Jeff Bezos, Amazon executive chairman. Image source: Amazon.com

The co-founder retains a large ownership Bezos' vast fortune has been estimated at $280 billion. His Amazon shares make up the vast majority of his net worth.

The founder owned 950.4 million shares at the end of February, according to Amazon's annual proxy filing. That works out to a $245.7 billion value for his stake, based on the current share price.

Aside from accounting for the largest portion of his net worth, Bezos owned 8.8% of Amazon's outstanding shares, as of the end of February. Vanguard Group and BlackRock are the next-largest shareholders, at 7.2% and 5.9%, respectively.

Should you follow suit? While not running the day-to-day operations as CEO, Bezos clearly believes in the company's future. After all, what better way to express confidence than with your wallet? He also retains a role with Amazon as executive chair.

While the shares have handsomely rewarded shareholders over the years, they have trailed the S&P 500 (^GSPC -0.58%) this year. Year to date, through Sept. 4, Amazon's stock gained 12%, while the index, including dividends, returned 13.7%.

Premium Feature

Moneyball Superscore

90/100

Today's Change

(

-0.60

%) $

-1.54

Current Price

$

256.97

However, Amazon's long-term future looks bright. Some investors have been put off by management's decision to invest heavily, particularly in areas like data centers, to meet growing demand for generative artificial intelligence. However, given the vast growth potential and Amazon's No. 1 market position in cloud computing via its Amazon Web Services (AWS) business, it looks like an astute investment.

AWS is already growing quickly, with a 36.8% year-over-year gain in second-quarter sales to $42.2 billion. It's also the company's largest profit generator, accounting for 60.5% of operating income.

Looking at the entire company, Amazon's second-quarter sales grew 20% year over year to $200.6 billion. Operating income increased by more than 43% to $27.5 billion.

You shouldn't invest solely based on someone's holdings, even someone as astute as Bezos. However, given management's commitment to long-term growth and patient investing, Amazon belongs in your portfolio. It may not make you a billionaire, but it should allow you to grow your wealth over time.

Amazon (AMZN.O) started selling sterling bonds for the first time on Wednesday, according to the banks managing the deal, as hyperscalers rush to diversify ​their funding sources to finance the AI boom.

The deal is the latest ‌example of how hyperscalers are increasingly selling bonds across markets outside of the U.S. this year, from euros to Swiss francs and the yen, as they make sure they can raise capital ​wherever they can, given their huge funding needs.

They have already ​issued more than $200 billion of debt this year, more than doubling ⁠from the whole of 2025, according to LSEG data.

Initial price guidance ​on the Amazon deal was set at around 70 basis points over British government ​bonds on a three-year bond, around 90 basis points over for a six-year bond, around 105 basis points over for a 12-year bond and around 110 basis points over for a ​19-year bond, according to a memo sent by three of the banks ​seen by Reuters.

The deal will price later on Wednesday, the memo said.

The pound is the ‌latest ⁠currency Amazon has added to its funding programme after tapping the euro and Swiss franc bond markets.

The European Central Bank warned earlier in September that hyperscalers' push into the euro zone bond market could potentially crowd out other borrowers ​and push up ​their financing costs.

⁠Google-parent Alphabet (GOOGL.O), which has led the way in selling non-U.S. dollar bonds, was the first hyperscaler to tap the sterling ​market in February, when it raised £5.5 billion from a five-part deal, ​including a ⁠rare 100-year bond. It has also raised Japanese yen, Canadian and Australian dollar debt this year.

It is Amazon's first bond sale since July, according to LSEG ⁠data, ​when it received weaker demand than in the past ​for a $25 billion offering, in one of several signs that the heavy pace of hyperscaler borrowing started ​to test the limits of investor demand.

Amazon is accelerating growth across AWS, advertising, and custom silicon, with the revenue mix shifting rapidly toward high-margin segments. AWS delivered 36.7% Y/Y growth and now comprises 60.5% of operating income, with backlog surging to $496B and capacity as the primary constraint. AMZN trades at a P/E of 20.8 and EV/EBITDA of 17.27, appearing cheap relative to peers, despite negative FCF driven by a $220B CapEx cycle.

Billionaire Peter Thiel's hedge fund, Thiel Macro, disclosed its latest portfolio in a regulatory filing last month, and the fund's largest reported position (a stake worth about $118 million as of June 30) is e-commerce and cloud computing giant Amazon (AMZN -0.15%).

But I'd argue the filing itself is less notable than the track record behind its biggest pick. In early September 2016, Amazon shares closed at a split-adjusted $39.44 (the company split its stock 20-for-1 in 2022). At Friday's closing price of $258.51, a $10,000 investment made a decade ago is worth about $66,000 today -- a return of about 555%, or nearly 21% annualized.

And that's price appreciation alone. Amazon doesn't pay a dividend.

What produced that return, and could the company possibly do it again?

Image source: Amazon.

The profits grew even faster than the stockThe Amazon of 2016 was a very different company. That year, it generated $136 billion of revenue, $4.2 billion of operating income, and just $2.4 billion of net income. Investors were paying more than 100 times earnings for a business that was barely profitable.

By 2025, revenue had more than quintupled to about $717 billion. Net income grew about 32-fold over the same period, reaching $77.7 billion. In other words, Amazon's bottom line compounded far faster than its share price did.

That gap explains a lot. The stock's big decade didn't come from investors paying a higher premium for Amazon's earnings. Shares cost about 24 times next year's expected earnings today, a fraction of what buyers were paying in 2016. The business simply outgrew its price.

The profit engineMost of the transformation traces to Amazon Web Services (AWS), the company's cloud computing segment. In 2016, AWS generated $12.2 billion of revenue (about 9% of Amazon's total), yet its $3.1 billion of operating income accounted for most of the company's overall operating profit. By 2025, the segment's revenue had grown more than tenfold to $128.7 billion, and its operating income reached $45.6 billion.

Notably, the segment became more profitable as it scaled, with its operating margin expanding from about 25% to about 35% over the decade.

And AWS's growth is speeding up, not slowing down. Segment revenue rose 20% in 2025, with growth picking up as the year went on and reaching 24% year over year in the fourth quarter.

"AWS is booming, growing 36.7% year-over-year in Q2 -- our fastest growth in 18 quarters -- and our AI and Chips businesses each eclipsed run rates of more than $25 billion," said CEO Andy Jassy when the company reported second-quarter results in July.

In dollar terms, that was $42.2 billion of AWS revenue in the second quarter alone -- an annualized pace of about $169 billion.

The cloud isn't Amazon's only newer profit stream, either. The company's advertising business, which Amazon didn't even report as its own revenue line a decade ago, generated $19.8 billion of revenue in the second quarter, up 26% year over year. That's faster growth than the overall company posted, and an annual pace approaching $80 billion.

Can the next 10 years measure up?A repeat of the past decade is a high bar. Another 555% gain would take Amazon's market value from about $2.8 trillion today to roughly $18 trillion. That's far more than any public company is worth today. I wouldn't plan on that.

However, the stock doesn't need a repeat to reward shareholders. It needs profits to keep compounding.

Premium Feature

Moneyball Superscore

90/100

Today's Change

(

-0.15

%) $

-0.39

Current Price

$

258.51

And Amazon is spending aggressively to make sure they do. In fact, the investment is heavy enough that free cash flow over the trailing 12 months swung to an outflow of about $7.6 billion, largely reflecting spending on artificial intelligence (AI) infrastructure.

Of course, an outflow like that may look alarming, and the spending could weigh on profit margins for a while. But heavy investment ahead of the payoff is also how AWS got built in the first place.

Would I buy Amazon stock today?

I would, though not because Thiel's fund owns it. A quarterly filing shows where a fund stood weeks ago, not what anyone should buy today. The better reason is the business itself: It arguably looks stronger than it did a decade ago, and a price of about 24 times next year's expected earnings seems reasonable for a company still growing this quickly.

I just wouldn't buy shares expecting a repeat of the past 10 years. If the profits keep compounding, the stock should do fine.

Amazon (AMZN -0.15%) trades at just above $255 as of the time of this writing. Despite its strengths in e-commerce, cloud computing, and now artificial intelligence, its stock has gained little traction this year.

This situation may leave investors wondering what's wrong with Amazon stock. Has it just paused before resuming its upward move, or is it a stock investors should hold or avoid?

Image source: The Motley Fool.

Before answering that question, investors should ponder both the potential and the costs of its AI expansion. Although the company is in a strong position to lead in AI, capturing that business has come at an enormous cost.

Amazon forecast $220 billion in capital expenditures (capex) for this year, up from $132 billion in 2025. As a result, the company has borrowed tens of billions of dollars despite its $123 billion in liquidity. Also, it has reported a negative free cash flow of $7.6 billion over the trailing 12 months, a dramatic drop from the tens of billions in yearly free cash flow generated in the past.

Premium Feature

Moneyball Superscore

90/100

Today's Change

(

-0.15

%) $

-0.39

Current Price

$

258.51

Nonetheless, Amazon continues to drive growth from its e-commerce segments. Also, the aforementioned liquidity and cash-generating ability should help it survive even if the worst fears of an AI bust materialize.

That spending has likely accelerated Amazon's revenue growth. Yearly net sales growth was 20% in the second quarter of 2026, up from 13% one year ago. That includes the cloud computing business Amazon Web Services, whose annual growth rate surged from 17.5% to 37% over the same period. Furthermore, its P/E ratio has fallen to 21, a low level considering how the stock thrived in previous years when it typically sold for above 50 times earnings.

Indeed, the consumer discretionary stock could struggle for a time if the AI spending becomes untenable or difficult to justify. However, with its strong financial position and leadership in e-commerce and the cloud, Amazon is likely a long-term buy at $255 per share.

Will Healy has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Amazon. The Motley Fool has a disclosure policy.

NTSB Chairwoman said the Boeing jet careened 1,300 feet off the runway, hitting a van with seven people.

The satellite race everyone is watching plays out on launchpads, but the contest that determines who profits runs through a far less visible battlefield: the radio frequencies fighting to reach the phone in your pocket.

Wall Street loves a rocket, but the real satellite race is being fought in radio waves. As of September 2026, the FCC has authorized Supplemental Coverage from Space, unlocking a new category where orbital constellations beam service directly into ordinary handsets. Four public names now define the competitive map, and one downstream beneficiary sits at the center of it. Rankings below reflect exposure to the spectrum-plus-partnership advantage that will decide who owns the connection between orbit and the phone in your pocket.

1. AST SpaceMobile (ASTS): Pure-Play Leader on Handset Compatibility AST SpaceMobile (NASDAQ:ASTS) is the only company built solely to connect unmodified smartphones to satellites. Management has assembled over 60 MNO partners covering more than 3 billion subscribers, is on a path to roughly 100 MHz of U.S. spectrum, and can tune 1,150 MHz across low and mid-band frequencies. Q2 2026 revenue was $31.52 million, up 2,626.6% year over year, with FY26 guidance reaffirmed at $150M to $200M and backlog of $1.30 billion. CEO Abel Avellan stated, “Spectrum is like fuel for our business.” Shares are up 48.85% over the past year despite a 14.21% year-to-date pullback. Beta service is targeted for later this year. No competitor matches the depth of MNO integration.

2. SpaceX (SPCX): Incumbent With a Landmark Spectrum Grab SpaceX (NASDAQ:SPCX | SPCX Price Prediction) secured FCC approval of the EchoStar license transfer, delivering 65 MHz of U.S. spectrum plus global Mobile Satellite Service licenses. Management called it “a foundational competitive advantage for Starlink Mobile” and plans to integrate the spectrum after launching Mobile V2 satellites later next year. Q2 revenue reached $7.81 billion, up 92%, with connectivity contributing $4.29 billion and Starlink subscribers doubling to 12.0 million. New Starlink Mobile relationships with SoftBank, NTT Docomo, and Spark New Zealand extend the carrier footprint. Cash of $93.52 billion and backlog of $47.50 billion give SpaceX unmatched firepower to build the terrestrial layer needed to activate the EchoStar bands.

3. Rocket Lab (RKLB): Vertical Integration Through Iridium Rocket Lab (NASDAQ:RKLB) is transforming from launch provider to full-stack space power. The pending Iridium acquisition adds 66 satellites, 2.5 million subscribers, and more than $870 million in annual revenue. Peter Beck emphasized the strategic value of L-band spectrum: “rain- and weather-penetrating, indoor-penetrating spectrum, because not all spectrum is the same.” Q2 revenue rose 62% to $234.07 million, backlog climbed 137% to $2.36 billion, and the company holds $2.13 billion in cash. Iridium’s L-band is not standard-phone compatible today, so RKLB targets safety-critical, IoT, aviation, maritime, and PNT use cases. Shares are up 49.48% over the past year. Neutron execution and mid-2027 deal close remain the swing factors.

4. Amazon (AMZN): Leo Constellation Enters Service Year Amazon (NASDAQ:AMZN) is the D2D challenger with the deepest balance sheet. Amazon Leo now has close to 400 satellites in orbit, enough to begin initial satellite internet service this year, alongside more than 20 partners extending global reach. The network is already powering satellite services for Apple iPhone and Apple Watch, with a Delta Air Lines rollout beginning 2028 and a Vodafone extension across Europe and Africa. AWS revenue grew 37% to $42.23 billion, funding capex of $54.21 billion in a single quarter. Shares are up 12% year-to-date.

5. Apple (AAPL): Downstream Beneficiary and Kingmaker Apple (NASDAQ:AAPL) is the demand side of every spectrum bet on this list. Its handsets and wearables are already the confirmed anchor for Amazon Leo’s iPhone and Apple Watch satellite services, and any AST SpaceMobile or SpaceX consumer service will run through iOS as much as Android. Apple’s decision on which D2D partners to certify at the operating-system and modem level will shape subscriber economics for every network in the race.

Cross-Company Themes and Uncertainties The common thread is regulatory. Spectrum grants, license transfers, and MNO joint ventures now matter more than launch cadence. ASTS offers the purest near-term consumer D2D leverage, SpaceX brings capital and the largest new spectrum block, Rocket Lab plays a differentiated L-band hand, and Amazon leans on distribution scale. Key uncertainties include beta-to-commercial conversion for ASTS, EchoStar terrestrial buildout costs for SpaceX, Iridium deal close for Rocket Lab, and Amazon Leo service ramp timing. Investors watching this sector should track FCC actions and carrier certifications as closely as launch manifests.

Contact [email protected] for any questions or corrections.

Greenwood Gearhart LLC boosted its position in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 2.6% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 131,218 shares of the e-commerce giant’s stock after buying an additional 3,266 shares during the period. Amazon.com makes up 1.5% of Greenwood Gearhart LLC’s holdings, making the stock its 21st biggest holding. Greenwood Gearhart LLC’s holdings in Amazon.com were worth $31,274,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of AMZN. Flynn Zito Capital Management LLC grew its holdings in Amazon.com by 1.5% during the 2nd quarter. Flynn Zito Capital Management LLC now owns 18,015 shares of the e-commerce giant’s stock worth $4,294,000 after acquiring an additional 263 shares during the period. Opus Financial Solutions LLC raised its position in shares of Amazon.com by 23.1% in the 2nd quarter. Opus Financial Solutions LLC now owns 7,551 shares of the e-commerce giant’s stock worth $1,800,000 after acquiring an additional 1,415 shares in the last quarter. MBM Wealth Consultants LLC lifted its stake in shares of Amazon.com by 7.3% in the 2nd quarter. MBM Wealth Consultants LLC now owns 13,291 shares of the e-commerce giant’s stock valued at $3,168,000 after purchasing an additional 908 shares during the period. Freedom Day Solutions LLC lifted its stake in shares of Amazon.com by 4.5% in the 2nd quarter. Freedom Day Solutions LLC now owns 25,338 shares of the e-commerce giant’s stock valued at $6,039,000 after purchasing an additional 1,090 shares during the period. Finally, Fischer Investment Strategies LLC bought a new stake in shares of Amazon.com during the 2nd quarter valued at about $472,000. Institutional investors own 72.20% of the company’s stock.

Wall Street Analyst Weigh In AMZN has been the subject of several recent analyst reports. Roth Capital reaffirmed a “buy” rating and set a $325.00 target price on shares of Amazon.com in a research note on Monday, August 3rd. 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 report on Friday, July 31st. Cantor Fitzgerald reaffirmed 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. Citizens Jmp reiterated a “market outperform” rating and issued a $315.00 price objective on shares of Amazon.com in a research note on Friday, July 31st. Finally, Sanford C. Bernstein reiterated an “outperform” rating and set a $320.00 target price (up from $315.00) 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 assigned a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $323.26.

Check Out Our Latest Stock Report on AMZN Insider Activity In other news, CEO Douglas J. Herrington sold 6,362 shares of the business’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $259.01, for a total transaction of $1,647,821.62. Following the completion of the sale, the chief executive officer directly owned 476,681 shares of the company’s stock, valued at $123,465,145.81. The trade was a 1.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Matthew Garman sold 14,541 shares of the company’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $259.06, for a total transaction of $3,766,991.46. Following the completion of the sale, the chief executive officer owned 17,794 shares in the company, valued at $4,609,713.64. This represents a 44.97% decrease in their position. The disclosure for this sale is available in the SEC filing. 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 insiders.

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

Positive Sentiment: AI and AWS remain the key growth drivers. Recent coverage highlights accelerating AWS growth, Amazon’s planned purchase of roughly 2 million Nvidia GPUs and approximately $200 billion in 2026 AI-infrastructure investment. These initiatives could support cloud revenue, advertising and future operating leverage, although they require substantial near-term capital spending. Amazon and Nvidia AI infrastructure article Positive Sentiment: Amazon is expanding its strategic infrastructure and logistics footprint. A multiyear, multibillion-dollar Corning agreement will provide optical-fiber and connectivity products for data centers, while Amazon expects its own delivery network to handle nearly 90% of U.S. packages by 2029. Both developments could improve capacity, efficiency and control over fulfillment costs. Amazon Corning fiber agreement Positive Sentiment: Zoox reached another commercialization milestone. Amazon’s autonomous-vehicle unit expanded paid robotaxi service to Las Vegas’ Harry Reid International Airport, broadening a potential future growth platform beyond e-commerce and cloud computing. Zoox Las Vegas airport expansion Neutral Sentiment: High spending is creating both opportunity and valuation risk. Analysts continue to identify AMZN as a leading AI and cloud beneficiary, but elevated data-center investment has pushed Amazon’s trailing free cash flow negative. Investors are assessing whether current spending will generate returns comparable to the company’s earlier AWS buildout. Amazon capital spending and higher rates article Negative Sentiment: DOJ scrutiny is the most immediate overhang. The Justice Department expanded its beef-price investigation to eight retailers, including Amazon, seeking pricing data as it examines possible anticompetitive conduct in the meat supply chain. The inquiry does not establish wrongdoing, but it raises regulatory and potential litigation risk. DOJ beef price probe Negative Sentiment: Labor concerns and insider selling add pressure. Workers at Amazon’s Riverside, California warehouse held a one-day strike over alleged retaliation and union-recognition issues. CEO Douglas Herrington separately sold 1,000 shares under a prearranged Rule 10b5-1 plan; the sale was small relative to his remaining holdings but may draw limited investor attention. Amazon.com Price Performance Shares of NASDAQ:AMZN opened at $258.51 on Monday. 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 twelve month low of $196.00 and a twelve month high of $287.20. The stock’s 50 day moving average is $254.14 and its 200-day moving average is $242.64. The firm has a market capitalization of $2.79 trillion, a price-to-earnings ratio of 20.80, a PEG ratio of 1.99 and a beta of 1.44.

Amazon.com (NASDAQ:AMZN – Get Free Report) last issued its earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.82 by $3.93. Amazon.com had a return on equity of 18.00% and a net margin of 17.44%.The company had revenue of $200.61 billion for the quarter, compared to analysts’ expectations of $197.03 billion. During the same period last year, the business earned $1.68 EPS. Amazon.com’s quarterly revenue was up 19.6% compared to the same quarter last year. Sell-side analysts forecast that Amazon.com, Inc. will post 8.05 EPS for the current fiscal year.

About Amazon.com (Free Report)

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

Read More Five stocks we like better than Amazon.com AI Token Costs Are Changing the Hardware vs. Software Debate 3 ETFs That Could Move as Rate Expectations Shift 3 Stocks With September Catalysts Investors Shouldn’t Ignore Ollie’s Bargain Outlet Stock Falls on Weak Comps Despite Margin Gains

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.

Amazon (AMZN) is facing a major operational incident after a Prime Air cargo aircraft crashed after landing at Miami International Airport on Sunday, killing at

An Amazon cargo plane crashed near a parking lot full of Tesla Cybercabs. CHANDAN KHANNA / AFP via Getty Images Sunday's Amazon plane crash almost destroyed a bunch of Elon Musk's latest invention.

At least five people died, and five more were injured, after the Amazon Prime Air Boeing 767 overshot the runway at Miami International Airport.

Images showed the airplane came to a halt next to a parking lot that appeared to contain a few dozen Tesla Cybercabs.

The gold-colored robotaxis have no steering wheel or pedals, and feature distinctive gold wheel hubs. Tesla officially launched the cabs in Austin last week to great fanfare.

The launch has prompted an inquiry from the National Highway Traffic Safety Administration to check that Tesla has followed all the rules.

Air India crash kills at least 200 people, marking the first fatal Boeing 787 plane accident

On Sunday, when the Boeing 767 passed the end of the runway in Miami, it appeared to strike multiple vehicles but stopped short of the parking lot full of Cybercabs.

Tesla has not officially confirmed that it is testing or planning to roll out Cybercabs in Miami, but its robotaxis, which use modified Tesla Model Ys, have been available in the city since July. Teslarati, a Tesla blog, shared a photo of about 40 Cybercabs at Miami Airport three days before the crash.

Tesla did not immediately respond to a request for comment from Business Insider, though Musk wrote "Weird" on X in response to a post from financial blog Zero Hedge about the presence of Cybercabs.

According to Miami-Dade Fire Rescue radio transmissions recorded on Broadcastify, the plane crossed 67th Avenue, a nearby road, before it struck a truck.

"We have a patient trapped," a first responder said, according to the recordings.

The airplane was operated by 21 Air, a charter firm, and had flown to Miami from Puerto Rico.

Weather data shows there were thunderstorms and gusting winds at the time of the crash.

It was not immediately clear on Sunday how many people were on the plane, and whether those killed were people on the ground.

This was the second 767 cargo plane to crash from Amazon's Prime Air network. In 2019, an Atlas Air freighter flying on behalf of Amazon crashed into Trinity Bay near Houston, killing the three people on board.

Read next

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.

Amazon Tesla Aviation More

More than 60 Miami-Dade Fire Rescue units rushed to the scene to put out the flames and assess any injuries.

An Amazon cargo plane has overshot a runway at Miami International Airport, with black smoke seen rising from the scene.

Amazon (AMZN -0.15%) is the world leader in cloud infrastructure services that are facilitating the artificial intelligence revolution. It's also the world leader in e-commerce. And it's the largest company in the world by measure of revenue, having generated more than $716 billion in sales last year.

Despite its many strengths, Amazon stock has been something of a laggard over the last five years. It's up roughly 47% over the last half-decade. The only "Magnificent Seven" stock with a lower return is Tesla, coming in with a gain of 46% across the stretch.

Meanwhile, the S&P 500 is actually up 69% over the same time period, and the Nasdaq Composite is up 71%. But while Amazon stock has underperformed the broader market in recent years, I think the company has a good chance of joining Nvidia, Apple, and Alphabet on the list of companies with a market cap of at least $4 trillion before 2029. Here's why.

Image source: Getty Images.

Amazon is positioned to serve up wins Amazon has a market capitalization of roughly $2.75 trillion and currently ranks as the world's fifth-largest company. In order to hit a market cap of $4 trillion based on its current share count, the stock would need to increase roughly 45.5%. Over the next two years, that would mean delivering average annual growth of 20.6%.

Despite its forefront position in the artificial intelligence space, Amazon still appears to be underappreciated as an AI stock -- and it's not as if the company hasn't been posting strong results. The tech giant's Amazon Web Services (AWS) cloud infrastructure segment grew sales 37% year over year to reach $42.2 billion in the second quarter, with AI-related demand helping the unit record its strongest growth rate since 2021. For reference, the average analyst estimate had called for annual growth of roughly 31% and sales of $40.54 billion in the quarter.

Premium Feature

Moneyball Superscore

90/100

Today's Change

(

-0.15

%) $

-0.39

Current Price

$

258.51

Meanwhile, revenue for the company's e-commerce-heavy North America segment saw revenue increase 16% year over year, and total company revenue was up 20% to $200.6 billion in the quarter. Amazon's sales growth is accelerating again, and there are good reasons to think that the business is still in the relatively early stages of benefiting from AI-related tailwinds.

The company's heavy focus on e-commerce means that its overall margins tend to be significantly lower than most of the Magnificent Seven, but its massive online retail sales base is a strength that still has substantial room for optimization. With ongoing advancements for automation and robotics, Amazon should be able to harness efficiency improvements that unlock stronger margins for its e-commerce business. Along with continued growth for its digital ads unit, Amazon's business engines have never looked stronger, and give the company the foundation to hit a $4 trillion market cap by 2029.

Of course, this projection assumes that the overall market remains relatively healthy. If macroeconomic conditions worsen and valuations across the broader market come down significantly, it's reasonable to expect that Amazon's valuation will face pressure even if business results continue to look strong.

Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Amazon, Apple, Nvidia, and Tesla. The Motley Fool has a disclosure policy.

Empire Life Investments Inc. trimmed its stake in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 7.0% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 319,666 shares of the e-commerce giant’s stock after selling 24,050 shares during the period. Amazon.com comprises about 4.3% of Empire Life Investments Inc.’s investment portfolio, making the stock its 4th largest position. Empire Life Investments Inc.’s holdings in Amazon.com were worth $76,189,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Trust Asset Management LLC raised its stake 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 during the last quarter. MilWealth Group LLC increased its position in shares of Amazon.com by 79.0% in the 4th quarter. MilWealth Group LLC now owns 179 shares of the e-commerce giant’s stock valued at $41,000 after buying an additional 79 shares in the last quarter. Lifetime Wealth Management P.C. bought a new stake in shares of Amazon.com in the 4th quarter valued at $45,000. Elkhorn Partners Limited Partnership lifted its holdings in Amazon.com by 900.0% during the fourth quarter. Elkhorn Partners Limited Partnership now owns 200 shares of the e-commerce giant’s stock worth $46,000 after acquiring an additional 180 shares in the last quarter. Finally, Fairway Wealth LLC raised its holdings in Amazon.com by 95.6% during the 4th quarter. Fairway Wealth LLC now owns 221 shares of the e-commerce giant’s stock worth $51,000 after buying an additional 108 shares during the period. 72.20% of the stock is owned by institutional investors.

Insider Buying and Selling In other news, CEO Andrew R. Jassy sold 20,000 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 value of $5,180,200.00. Following the transaction, the chief executive officer owned 2,235,766 shares of the company’s stock, valued at approximately $579,085,751.66. The trade was a 0.89% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 6,362 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 value of $1,647,821.62. Following the completion of the sale, the chief executive officer owned 476,681 shares in the company, valued at $123,465,145.81. This represents a 1.32% 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 sold 71,589 shares of company stock worth $18,568,785 in the last quarter. Company insiders own 8.90% of the company’s stock.

Key Headlines Impacting Amazon.com Here are the key news stories impacting Amazon.com this week: Positive Sentiment: AI and AWS remain the key growth drivers. Recent coverage highlights accelerating AWS growth, Amazon’s planned purchase of roughly 2 million Nvidia GPUs and approximately $200 billion in 2026 AI-infrastructure investment. These initiatives could support cloud revenue, advertising and future operating leverage, although they require substantial near-term capital spending. Amazon and Nvidia AI infrastructure article Positive Sentiment: Amazon is expanding its strategic infrastructure and logistics footprint. A multiyear, multibillion-dollar Corning agreement will provide optical-fiber and connectivity products for data centers, while Amazon expects its own delivery network to handle nearly 90% of U.S. packages by 2029. Both developments could improve capacity, efficiency and control over fulfillment costs. Amazon Corning fiber agreement Positive Sentiment: Zoox reached another commercialization milestone. Amazon’s autonomous-vehicle unit expanded paid robotaxi service to Las Vegas’ Harry Reid International Airport, broadening a potential future growth platform beyond e-commerce and cloud computing. Zoox Las Vegas airport expansion Neutral Sentiment: High spending is creating both opportunity and valuation risk. Analysts continue to identify AMZN as a leading AI and cloud beneficiary, but elevated data-center investment has pushed Amazon’s trailing free cash flow negative. Investors are assessing whether current spending will generate returns comparable to the company’s earlier AWS buildout. Amazon capital spending and higher rates article Negative Sentiment: DOJ scrutiny is the most immediate overhang. The Justice Department expanded its beef-price investigation to eight retailers, including Amazon, seeking pricing data as it examines possible anticompetitive conduct in the meat supply chain. The inquiry does not establish wrongdoing, but it raises regulatory and potential litigation risk. DOJ beef price probe Negative Sentiment: Labor concerns and insider selling add pressure. Workers at Amazon’s Riverside, California warehouse held a one-day strike over alleged retaliation and union-recognition issues. CEO Douglas Herrington separately sold 1,000 shares under a prearranged Rule 10b5-1 plan; the sale was small relative to his remaining holdings but may draw limited investor attention. Analysts Set New Price Targets AMZN has been the subject of a number of recent research reports. HSBC reissued a “buy” rating and issued a $310.00 target price on shares of Amazon.com in a research report on Friday, July 31st. KeyCorp increased their price objective on Amazon.com from $335.00 to $350.00 and gave the company an “overweight” rating in a report on Friday, July 31st. Zacks Research upgraded Amazon.com from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 4th. Robert W. Baird set a $310.00 price target on Amazon.com and gave the stock an “outperform” rating in a research note on Friday, July 31st. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Amazon.com in a research report on Monday, August 3rd. One investment 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 company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $323.26.

Get Our Latest Analysis on Amazon.com

Amazon.com Stock Down 0.2% Shares of Amazon.com stock opened at $258.51 on Friday. The company has a 50-day simple moving average of $254.14 and a two-hundred day simple moving average of $242.33. 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 stock has a market capitalization of $2.79 trillion, a PE ratio of 20.80, a price-to-earnings-growth ratio of 2.00 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 for the quarter, beating 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 company had revenue of $200.61 billion during the quarter, compared to the consensus estimate of $197.03 billion. During the same quarter last year, the firm earned $1.68 earnings per share. The firm’s quarterly revenue was up 19.6% compared to the same quarter last year. On average, analysts anticipate that Amazon.com, Inc. will post 8.05 EPS for the current fiscal year.

Amazon.com Company Profile (Free Report)

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

Read More Five stocks we like better than Amazon.com Revolution Medicines Got Its Breakthrough—What Moves It Next? Retail Earnings Just Exposed a Bigger Divide in the U.S. Consumer Economy FB Financial’s Southern Expansion and Buybacks Drive Analyst Optimism AST SpaceMobile Stock Soared 12%—This Was the Catalyst

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.

Amazon.com, Inc. offers a compelling GARP opportunity with a PEG ratio below 1x and double-digit annual return potential. I expect its robust EPS growth and revenue expansion to sustain with the ongoing catalysts. Notable drivers include AWS, AI initiatives, and retail efficiency gains.

Johnson Investment Counsel Inc. cut its holdings in shares of Amazon.com, Inc. (NASDAQ:AMZN – Free Report) by 3.6% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 921,278 shares of the e-commerce giant’s stock after selling 33,983 shares during the period. Amazon.com comprises about 1.6% of Johnson Investment Counsel Inc.’s investment portfolio, making the stock its 12th biggest holding. Johnson Investment Counsel Inc.’s holdings in Amazon.com were worth $219,577,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Gryphon Financial Partners LLC raised its holdings in shares of Amazon.com by 7.5% in the 1st quarter. Gryphon Financial Partners LLC now owns 73,085 shares of the e-commerce giant’s stock worth $15,221,000 after purchasing an additional 5,125 shares in the last quarter. First Citizens Bank & Trust Co. boosted its holdings 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 in the last quarter. Narwhal Capital Management boosted its holdings in Amazon.com by 2.3% during the fourth quarter. Narwhal Capital Management now owns 216,606 shares of the e-commerce giant’s stock worth $49,997,000 after buying an additional 4,854 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in Amazon.com by 21.0% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 24,653,228 shares of the e-commerce giant’s stock worth $5,690,463,000 after buying an additional 4,275,942 shares during the last quarter. Finally, Blue Chip Partners LLC increased its holdings in shares of Amazon.com by 1.8% in the first quarter. Blue Chip Partners LLC now owns 147,461 shares of the e-commerce giant’s stock valued at $30,712,000 after buying an additional 2,583 shares in the last quarter. 72.20% of the stock is owned by hedge funds and other institutional investors.

Amazon.com Price Performance Shares of AMZN opened at $258.90 on Friday. The company has a market capitalization of $2.79 trillion, a price-to-earnings ratio of 20.83, a P/E/G ratio of 1.97 and a beta of 1.44. Amazon.com, Inc. has a fifty-two week low of $196.00 and a fifty-two week high of $287.20. The company has a debt-to-equity ratio of 0.23, a current ratio of 1.03 and a quick ratio of 0.87. The business’s 50-day moving average is $253.63 and its 200-day moving average is $242.22.

Amazon.com (NASDAQ:AMZN – Get Free Report) last posted its quarterly earnings results on Thursday, July 30th. The e-commerce giant reported $5.75 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.82 by $3.93. The business had revenue of $200.61 billion during 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% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.68 earnings per share. Equities research analysts expect that Amazon.com, Inc. will post 8.05 EPS for the current fiscal year. Insider Buying and Selling In other news, SVP David Zapolsky sold 9,258 shares of the company’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $259.77, for a total value of $2,404,950.66. Following the transaction, the senior vice president directly owned 41,190 shares of the company’s stock, valued at approximately $10,699,926.30. This represents a 18.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Douglas J. Herrington sold 1,000 shares of the company’s stock in a transaction on Tuesday, September 1st. The stock was sold at an average price of $254.77, for a total transaction of $254,770.00. Following the completion of the transaction, the chief executive officer directly owned 475,681 shares in the company, valued at $121,189,248.37. This trade represents a 0.21% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 71,589 shares of company stock worth $18,568,785. 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 and AI investment remain the primary bullish catalysts. Recent coverage highlights AWS’s fastest growth in 18 quarters and Amazon’s roughly $200 billion 2026 AI-infrastructure investment. Analysts view AWS’s higher growth and profitability as key drivers of future earnings, despite the substantial capital spending required. The Bull Case for This Stock Is Getting Harder to Ignore Positive Sentiment: Amazon is expanding its AI infrastructure ecosystem. The company signed a multiyear, multibillion-dollar agreement with Corning for optical fiber, cable and connectivity products, supporting data-center expansion and potentially improving network capacity for AI workloads. Amazon Signed a Multibillion-Dollar Deal With a 175-Year-Old Glassmaker Positive Sentiment: Zoox reached another commercialization milestone. Amazon’s autonomous-vehicle unit expanded paid robotaxi service to Harry Reid International Airport in Las Vegas, strengthening its operating footprint as competition with Waymo, Tesla and Uber intensifies. Amazon’s Zoox Expands Its Robotaxi Service to Las Vegas Airport Positive Sentiment: New commerce and logistics initiatives could support long-term growth. YouTube creator-shopping tools give sellers another customer-acquisition channel, while Amazon expects its delivery network to handle nearly 90% of its U.S. packages by 2029, potentially improving control over fulfillment costs. How Could Amazon.com Gain From New Creator Shopping Tools? Neutral Sentiment: Amazon added AI-powered scam protection to Alexa for Shopping. U.S. customers can ask Alexa whether an email, text, call or other message is genuinely from Amazon. The feature may strengthen customer trust, but its direct financial impact is unclear. Amazon Adds Alexa Scam Protection as Consumer Fraud Losses Rise Negative Sentiment: Regulatory pressure is a significant overhang. The Department of Justice requested beef-pricing data from Amazon and other retailers as part of an investigation into rising prices. Separately, Amazon continues to face scrutiny from the Federal Trade Commission over its advertising practices. DOJ Requests Beef Price Data From Major Retailers Negative Sentiment: Labor and cost concerns persist. Teamsters launched a one-day strike at Amazon’s large Riverside warehouse, while the company is reportedly cutting additional Bay Area jobs. CEO Douglas Herrington also sold 1,000 shares under a prearranged Rule 10b5-1 plan; the transaction was small relative to his remaining holdings but may attract limited investor attention. Analysts Set New Price Targets A number of brokerages have recently commented on AMZN. UBS Group set a $318.00 price objective on Amazon.com and gave the company a “buy” rating in a research report on Friday, July 31st. Mizuho set a $330.00 target price on Amazon.com and gave the stock an “outperform” rating in a research report on Friday, July 31st. Benchmark upped their target price on Amazon.com from $370.00 to $400.00 and gave the company a “buy” rating in a report on Friday, July 31st. Piper Sandler reiterated an “overweight” rating and issued a $320.00 price target (up from $315.00) on shares of Amazon.com in a research report on Friday, July 31st. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of Amazon.com in a research note on Monday, August 3rd. One investment 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 data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $323.26.

Check Out Our Latest Analysis on AMZN

Amazon.com Profile (Free Report)

Amazon.com, Inc is a diversified technology and retail company best known for its e-commerce marketplace and broad portfolio of consumer and enterprise services. Founded by Jeff Bezos in 1994 and headquartered in Seattle, Washington, the company launched as an online bookseller and expanded into a global retail platform that sells products directly to consumers and provides a marketplace for third-party sellers. Over time Amazon has grown beyond retail into areas including cloud computing, digital media, devices and logistics.

Key businesses and offerings include Amazon’s online marketplace and fulfillment services, the Amazon Prime membership program (which bundles expedited shipping with streaming and other benefits), Amazon Web Services (AWS) which supplies on-demand cloud computing and storage to businesses and public-sector customers, and a range of content and advertising services such as Prime Video and Amazon Advertising.

Recommended Stories Five stocks we like better than Amazon.com The Path to $230 Billion: Broadcom Outlines the Next Phase of Its AI Growth Story NVIDIA’s Hugging Face Deal Raises a Bigger Question About Its AI Moat Now Dropping the Dough: Yum! Brands Strategically Trims the Fat These 3 Stock Charts Just Flashed the Dreaded Death Cross Pattern

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.