Amazon.com, Inc. (AMZN)
Amazon recently announced that it has purchased Fauna -- a maker of humanoid robots. Fauna's Sprout robot won't be taking over duties at Amazon's factories any time soon, but it will serve other purposes.
Walmart stock has sputtered recently, mainly due to its high valuation. Amazon stock is as cheap as it's been in a while and it is investing to meet future growth.
Amazon has acquired Fauna Robotics, a firm that designs and assembles humanoid robots that can be used around people and are likely to be marketed to consumers. The acquisition was announced in posts on LinkedIn by Fauna Robotics Co-founder and CEO Rob Cochran and Co-founder and Chief Technology Officer Josh Merel.
This company is involved in the high-growth field of AI. It also has two solid businesses that have delivered growth over time.
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Amazon.com is trading at $212, down 14% since my last coverage, and I think the recent underperformance is driven by capex guidance and a Q4 EPS miss. I'm maintaining AMZN stock with a Buy and see that the $200B 2026 capex is demand-driven, as AWS accelerates. AMZN is historically cheap at 26.8x forward P/E, with AWS partnerships (Anthropic, OpenAI) and custom silicon (Trainium) supporting more upside ahead.
Citi raised its price target for Amazon.com (AMZN, Financials) because it thinks Amazon Web Services will expand faster because of the growing need for AI infra
Ackman concentrates his portfolio on only the best opportunities in the market. After strong returns from this long-term holding, the stock may be overpriced.
Micron's shift to long-term commitments should help boost its stock. Amazon is starting to see its cloud computing revenue accelerate.
Amazon.com Inc (NASDAQ: AMZN) is seeing strong cloud-driven momentum even as near-term cost pressures persist, according to JPMorgan.