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Benzinga
Benzinga
Business
Anusuya Lahiri

Buy Post-Earnings Dip, Amazon Is Still Top Pick: Analyst

Amazon AWS Doug Anmuth Anthropic OpenAI Amazon Web Services Nasdaq Artificial Intelligence Nvidia
Amazon

Amazon.com Inc.’s (NASDAQ:AMZN) booming cloud and artificial intelligence pipeline is set to take center stage next week, as Wall Street finds the company’s latest pullback overlooks strong Amazon Web Services momentum and rising demand tied to major partners like Anthropic and OpenAI.

JP Morgan analyst Doug Anmuth maintained an Overweight rating on Amazon with a price forecast of $305.

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