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Amazon (AMZN) Soars on Bullish AI Investment Outlook and Robust Cloud Growth

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The Story

News Summary

  • Jefferies sees Amazon’s AI spending as overblown and highlights strong cloud growth and retail performance, suggesting the stock is undervalued with a potential 46% upside.
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Stored market data

AMZN price history

245.96 +5.46% over the displayed period

Advisor Snapshot

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