Amazon Stock Rebounds Above $200 Amid AI Sector Investments

Amazon's stock has recently climbed back above $200, following a period of decline, largely due to substantial investments in the artificial intelligence sector. According to NS3.AI, despite some concerns that AI might become a speculative bubble akin to the Metaverse, analysts maintain a positive outlook on its long-term potential. Projections suggest Amazon's stock could reach $300 by the end of 2026. Major financial institutions, including Wells Fargo and Oppenheimer, have increased their price targets for Amazon, highlighting robust AI-driven innovation and heightened research and development spending as primary growth drivers.