Prediction: Amazon Stock Will Soar After Oct. 29

Prediction: Amazon Stock Will Soar After Oct. 29

It’s nearly Amazon‘s (NASDAQ: AMZN) turn to step up to the earnings podium. The e-commerce and cloud computing mega-giant is scheduled to report third-quarter earnings on Oct. 29, and I think investors have plenty of reasons to be optimistic.

Amazon spent much of 2026 defending its massive investments in artificial intelligence (AI) infrastructure, with capital expenditures expected to reach approximately $220 billion this year. That’s an enormous amount of money, even for a company of Amazon’s size.

Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of Nvidia. Continue »

However, the market isn’t necessarily impressed by big spending announcements anymore. I’ve argued that Wall Street is in the “show-me” phase of AI, where investors want…

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