JPMorgan resets Amazon stock target after AI payoff

Source: Biztoc.com· finance.yahoo.com· August 2, 2026
JPMorgan resets Amazon stock target after AI payoff

stock blasted off post-earnings as Wall Street celebrated evidence that its whopping artificial intelligence (AI) spending was producing a measurable payoff. For the most part, investors were bracing for another quarter marred by fears of capital expenditure …

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