Amazon is poised to get a considerable boost from a combination of catalysts, according to Morgan Stanley. The investment bank has an overweight rating on Amazon. It hiked its price target on shares to $350 from $335, implying 40% upside from Friday’s close. Morgan Stanley also named the stock one of its top picks. Analyst Brian Nowak said investors underappreciate the impact of Amazon Web Services — the company’s cloud computing platform that offers pay-as-you-go infrastructure services — on Amazon’s business and shares. He noted that AWS will contribute to the company’s revenue, particularly as it gains more visibility into its artificial intelligence-focused cloud service called Bedrock. “We continue to think AWS’s growth and profit runway is under-appreciated,” Nowak wrote. Morgan Stanley expects AWS to notch growth of 47% on a year-over-year basis in 2027. AMZN YTD mountain AMZN in 2026 Amazon is also likely to be a beneficiary of the rise in agentic artificial…
Amazon Web Services commits investment of ₹60,000 crore to expand its data centre infrastructure in Hyderabad OpIndia Article Source https://www.opindia.com/2025/01/amazon-web-services-to-invest-60000-crore-to-expand-its-data-centres-in-hyderabad/ Facebook…