Amazon (AMZN) Q2 earnings preview: BofA projects $198.8B revenue and 33% AWS cloud growth driven by enterprise AI adoption.
Amazon (NASDAQ: AMZN) stock advanced over 2% on Monday as major Wall Street analysts aggressively raised their long-term growth forecasts, highlighting a massive $485 billion AWS backlog.
Dan Loeb's Third Point LLC reduced exposure to retail in Q1 2026, selling 10% of Amazon and exiting Alibaba.
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