Amazon stock (NASDAQ: AMZN) is back in the spotlight as investors digest a wave of AI announcements from AWS re:Invent, new ultrafast delivery tests in the U.S., and fresh analyst price-target upgrades. As of the close on December 2, 2025, Amazon shares traded at $234.42, giving the company a market capitalization of about $2.51 trillion, with a trailing P/E ratio near 33 and twelve‑month revenue of roughly $691 billion and net income of $76.5 billion. [1]
Despite being one of the “Magnificent Seven,” Amazon’s share price has risen only mid‑single digits year to date, making it a relative laggard in that elite club even as new AI and cloud catalysts emerge. [2]
Below is a detailed look at today’s key news (December 3, 2025), recent financial results, Wall Street forecasts, and the main bull and bear arguments around AMZN stock.
Key Takeaways for Amazon (AMZN) Investors
- AI is front and center: At AWS re:Invent, Amazon launched new Trainium3 AI chips,…
