Amazon (NASDAQ: AMZN) remains a top pick for Goldman Sachs as the investment bank reaffirmed its Buy rating with a $290 price target following the company's annual AWS re:Invent conference on December 5.

Berkshire Hathaway's soon-to-be-retiring CEO has crushed Wall Street's stock indexes over the last six decades. The largest investment holding the Oracle of Omaha oversees sports a market-leading share repurchase program.

Amazon.com Inc (NASDAQ:AMZN) is doubling down on its in-house AI chips, and chief executive Andy Jassy says the strategy is already delivering. At AWS re:Invent he revealed that Trainium2, Amazon's current accelerator, has reached a multibillion-dollar revenue run rate, with more than 1 million chips in production and over 100,000 customers accessing them through the Bedrock AI platform.

Alphabet And Amazon Proving Potential GPU Dominance Is Nvidia's Achilles Heel

Rep. Dan Goldman introduces the ROBINHOOD Act to tax billionaire loans, citing Elon Musk's 3.3% and Jeff Bezos' 1% effective tax rates.

Jed Ellerbroek says the A.I. trade has turned "skittish" but the overall market strength remains intact.

AWS CEO Matt Garman says Amazon's biggest constraint is no longer hiring engineers — it's coming up with the right ideas.

Amazon is upgraded to a "Strong Buy," driven by accelerating AWS growth and e-commerce margin expansion. Generative AI and automation are expected to boost efficiency and profitability across both AWS and core retail operations. Valuation appears conservative at 30x forward earnings, with fair value estimated around $330 per share.

Reports say Amazon (AMZN) may consider ditching its partnership with the United States Postal Service in favor of building its own postal service. Alex Coffey talks about this headline and other will impact price action as the stock remains fairly flat year-over-year.