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JPMorgan resets Amazon stock target after AI payoff

Covered by 2 sources · 2 articles

2 outlets - including Yahoo and Thestreet - are covering this story. Amazon (AMZN) stock blasted off post-earnings as Wall Street celebrated evidence that its whopping artificial intelligence (AI) spending was producing a measurable payoff. For the most part, investors were bracing for another quarter marred…

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Yahoo Finance News Aug 2, 14:07 UTC

JPMorgan resets Amazon stock target after AI payoff

JPMorgan resets Amazon stock target after AI payoff
TheStreet Aug 2, 11:07 UTC

JPMorgan resets Amazon stock target after AI payoff

Amazon (AMZN) stock blasted off post-earnings as Wall Street celebrated evidence that its whopping artificial intelligence (AI) spending was producing a measurable payoff. For the most part, investors were bracing for another quarter marred…