Overview
- Guggenheim initiated Amazon with a Buy and a $300 target, joining recent bullish calls from Evercore ($335), Wedbush ($340), Rosenblatt ($305), BofA ($303), Citizens ($300) and KeyBanc ($303).
- Evercore and KeyBanc cite a sustained AWS inflection toward roughly 20% growth, with checks indicating the pace could hold into 2026 as capacity ramps.
- Supply constraints that previously limited AWS are reported to be easing, Trainium 3 is generally available, and AWS launched Graviton5-based EC2 M9g instances on Dec. 9.
- Amazon announced a $35 billion India commitment through 2030 focused on AI and cloud, with goals that include digitization, export growth and job support.
- Citizens flagged third‑party data showing higher day‑over‑day purchase rates in sessions using Rufus versus those without, while Reuters reported a €510 million Italy tax settlement that Milan prosecutors plan to keep investigating.