QualityStocksNewsBreaks – Amazon.com Inc. (NASDAQ: AMZN) Stock Rebounds Amid Positive AI Outlook Post-Nvidia Conference
Amazon.com (NASDAQ: AMZN) experienced a stock uptick following analyst optimism regarding its artificial intelligence (AI) prospects after Nvidia's recent GTC conference. Monness Crespi Hardt analyst Brian White highlighted Amazon Web Services' (AWS) potential to benefit from the growing generative AI sector, reiterating a buy rating with a price target of $215. Despite a seven-week decline in Amazon's stock amid a broader market downturn, analysts remain positive about the company's long-term growth, particularly in AI. As of 10:09 AM EDT on March 26, 2025, Amazon's stock is trading at $202.94, reflecting a decrease of $2.77 (1.35%) from the previous close. To…