Occidental Selects AWS as Its Preferred Cloud Provider

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Amazon.com (AMZN) PT Raised to $176 at Credit Suisse, 'Not Waiting Around for the AWS Inflection Point'

July 31, 2023 4:46 AM UTC

Credit Suisse analyst Stephen Ju raised the price target on Amazon.com (NASDAQ: AMZN) to $176.00 (from $142.00) while maintaining a Outperform rating.

The analyst comments "With Google and Microsoft having already reported and confirming ongoing client optimization activity, expectations of a growth inflection for AWS will have been pushed into the horizon. With that in mind,... More

Twilio (TWLO) jumps after Amazon discloses stake

July 28, 2023 11:28 AM UTC

Twilio (NYSE: TWLO) shares jumped Friday, hitting a high of $68.25 after Amazon (NASDAQ: AMZN) disclosed a new 1.77 million share stake in the company.

At the time of writing, Twilio is trading at $63.73, up more than 4%... More