Amazon Stock Could Have Nearly 50% Upside, JPMorgan Says, as AWS Eyes a $1 Trillion Future
JPMorgan sees nearly 50% upside in Amazon stock as AWS accelerates toward a potential $1 trillion annual revenue business.
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JPMorgan sees nearly 50% upside in Amazon stock as AWS accelerates toward a potential $1 trillion annual revenue business.
U.S. stocks fell Friday, with Nasdaq down 2.36% as Amazon missed Q3 estimates. Acumen plunged 85%, while oil rose 1.8% and gold fell 1.7%.
U.S. stock were mixed on Friday, as the Dow Jones, S&P 500, and Nasdaq 100 index futures moved in different direction.
AI borrowing costs helped drive Amazon's 7-cent EPS miss, as more than doubled debt clouds the 2027 outlook.