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Barchart
Barchart
Aditya Raghunath

Amazon Is Planning a Smartphone Launch. Should You Buy AMZN Stock First?

Amazon Amazon.com Inc. AWS

Amazon (AMZN) is reportedly getting back into the smartphone business, and this time the device will be powered by AI. More than a decade after the Fire Phone flopped, the e-commerce and cloud giant is developing a new device. The news is raising a key question for investors: Does this change the AMZN stock story?

Here's what we know and what it could mean for your portfolio.

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