Amazon Stock Set to Post Biggest Gain in More Than 5 Months. Why CEO Letter Has the Market Excited.

Amazon Stock Set to Post Biggest Gain in More Than 5 Months. Why CEO Letter Has the Market Excited.

By Adam Clark
Publication Date: 2026-04-09 12:38:00

Amazon.com CEO Andy Jassy dismissed fears of an AI bubble in his latest shareholder letter and said the company’s in-house chip business could generate annual sales of $50 billion.