Amazon Surges on Upbeat Earnings, Analyst Praise; Stock Could Climb Up to 40% Amid Cloud, AI Demand
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Discover why Amazon (AMZN) stock is trending upward at $226.28 with increased trading volume of 54 million shares. Our latest podcast episode breaks down Amazon's impressive Q3 earnings report, where the e-commerce giant delivered $1.95 EPS and 13% revenue growth to $180 billion, significantly outperforming expectations. Learn about the wave of bullish analyst upgrades, including New Street Research's dramatic price target increase to $340 and why major firms are setting $300+ targets. We also analyze recent insider selling activity, institutional ownership trends, and why AWS and advertising segments position Amazon for potential 40% upside. Essential listening for investors interested in one of tech's strongest performers and its AI-driven growth trajectory.
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