AMZNB Stock Price and Chart — BCBA:AMZNB

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Amazon.com will report earnings next week, with analysts eyeing its cloud-computing performance, expected to generate $25 billion to $30 billion annually from AI clients.

Amazon's stock rose 3% as Benchmark analyst Daniel Kurnos recommends it before Q3 earnings. He has a buy rating and a $260 price target, citing growth in cloud and advertising.

Amazon (AMZN) experienced a major outage affecting over 2,000 companies, including Snapchat and Coinbase, due to a subsystem failure in the US-East-1 region. Services have resumed.

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About Amazon.com, Inc.

Amazon.com, Inc. is a multinational technology company, which engages in the provision of online retail shopping services. It operates through the following segments: North America, International, and Amazon Web Services (AWS). The North America segment offers retail sale of consumer products, including from sellers, advertising, and subscriptions services through North America-focused online and physical stores. The International segment focuses on retail sale of consumer products, including from sellers, advertising, and subscription services through internationally-focused online stores. The AWS segment is composed of global sales of compute, storage, database, and other services for start-ups, enterprises, government agencies, and academic institutions. The company was founded by Jeffrey P. Bezos in July 1994 and is headquartered in Seattle, WA.

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