Amazon, OpenAI and Microsoft
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Amazon Q1 earnings put spotlight on AI spending and revenue
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AI up the software stack, while forging a new partnership with OpenAI Group PBC. The cloud giant released new customer support services for Amazon Connect that focused on healthcare, supply chain management and hiring.
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AWS turns Amazon’s hiring and supply chain expertise into new AI products for other businesses
AWS is expanding line of Amazon Connect business apps into a suite of agentic AI products, including new tools for supply chain planning and high-volume hiring built on Amazon's own operational experience and insights.
It's built to weather any storm that comes its way.
Mizuho raised its price target on Amazon (NASDAQ:AMZN) stock to $325 from $315 and kept an Outperform rating, sharpening the bull case that AWS is becoming the cloud backbone of the AI era. The firm lifted its estimates to reflect incremental disclosures around scaling chip and AI revenue at AWS,
Amazon.com, Inc. stock is rated Buy, with a projected 2028 price target near $400. Click for this look at AMZN ahead of its Q1 earnings release.