Amazon.com, Inc. remains a Strong Buy, with a $319.56 price target and 32% upside, despite recent underperformance versus the S&P 500. Cloud, AI, and the Kuiper satellite project position AMZN to capitalize on mega trends, driving long-term revenue and margin growth. High capital intensity from AI and cloud investments pressures free cash flow, but robust demand and customer contracts underpin near-term ROI.

Amazon could invest up to $50 billion in OpenAI in coming weeks, source says

Amazon.com Inc (NASDAQ:AMZN) is expected to report fourth quarter results on February 5, with Wedbush analysts noting that investor sentiment has been improving ahead of the release and reiterating an ‘Outperform' rating and a $340 price target. Shares are currently traded at about $240, up about 4% in the year-to-date.

Shares of Meta soared on Thursday after it demonstrated AI investments are paying off in its advertising business, while Microsoft stock slumped as key indicators of AI-driven growth lagged expectations.

CEO Andy Jassy is leading the e-commerce giant's negotiations with the ChatGPT maker.

Microsoft shares plunged and Meta Platforms stock surged after the companies released quarterly results. A flurry of Big Tech earnings has been released in recent days, and more is on the way.

Amazon and Walmart are battling on two of the largest, most habitual spending categories in the U.S. economy: grocery and healthcare. The two largest retailers in the U.S. are rethinking the role of physical presence in an era defined by logistics, data and services.

Nvidia (NVDA), Amazon (AMZN), and Microsoft (MSFT) are in discussions to invest a combined $60 billion in OpenAI. Nvidia is said to be considering a commitment

The rivals made billions of dollars in the business over the past year, showing other companies that Nvidia isn't the only game in town.