Amazon (AMZN 2.41%) is trading in the neighborhood of $274 a share, just a hair below its all-time high, and looks poised to become a $300 stock later this year. The tech company is delivering high growth rates in multiple industries while boosting profit margins.
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Artificial intelligence has created many growth opportunities
Investors have been monitoring Amazon’s capital expenditures as the company aims to gain market share in the rapidly growing AI infrastructure industry. However, its string of recent quarters shows how those investments have translated into direct growth.
Today’s Change
(-2.41%) $-6.30
Current Price
$254.96
Key Data Points
Market Cap
$2.8T
Day’s Range
$254.42 – $257.91
52wk Range
$196.00 – $278.56
Volume
286.2K
Avg Vol
45M
Gross Margin
50.60%
Amazon Web Services has been the biggest beneficiary. Growth continues to accelerate for that part of the business. In Q1, sales surged 28% year over year as more customers turned to Amazon to build the…
https://www.fool.com/investing/2026/05/30/heres-why-amazon-stock-can-top-300-this-year/
