- Price
- $262.43 → $250.00(−4.7%)
- Discount
- 12.5% → 16.7%(+4.1 pts)
- LSEG rating
- 1.80 → 1.77(−0.03)
- Recent events
- 2026-10-11: The Wall Street Journal reported that Amazon is in talks to buy Decart, an AI start-up, for about $7 billion. Decart makes software that lets developers move AI work between different AI chips. This is a press report only. Amazon did not comment, and no deal is agreed.
2026-10-09: Judge John Chun refused Amazon's request to move the FTC marketplace monopoly trial to June 2027. The trial stays set for March 29, 2027, in Seattle.
2026-10-08: Amazon said that it has built more than 1,000 Amazon Leo satellites. These satellites are not all in orbit. The last Amazon Leo launch was on July 2, 2026.
2026-10-08: AWS CEO Matt Garman said on the a16z podcast that AWS does not put all of its capacity into one customer. Press reports said that he also gave the share of AWS revenue from its largest customer as a single-digit percentage. The reports did not name the largest customer. Amazon does not report revenue by customer.
2026-10-07: Amazon confirmed a small number of job cuts, mainly in its Stores business. Reuters reported, from an unnamed source, that the cuts were fewer than 1,000 jobs. In January 2026, Amazon cut about 16,000 corporate jobs.
2026-10-02: The Financial Times reported that Amazon is in talks to move about $8 billion of Nvidia chips into a separate company, paid for with debt, and lease them back. This is a press report only. Amazon did not comment, and no deal is agreed.
2026-09-30: Amazon and Synopsys signed a multi-year agreement for chip design technology for Amazon's own chips. Synopsys says the agreement is worth more than $1 billion. It also covers cloud and AI tools for chip engineering.
2026-09-14: Amazon closed the sale of £4.25 billion of sterling notes in four parts, its first notes in sterling, due from 2029 to 2045, with interest rates from 5.200% to 6.650%. In July, press reports said that Amazon planned no more bond sales in 2026.
2026-09-08: The board elected Kevin Mandia, the founder of the security company Mandiant, as a director. He joined the Audit Committee and the Security Committee.
2026-08-31: The FTC and 22 states sued Amazon in Seattle over its sponsored ad auctions. The complaint says that Amazon added a secret surcharge to the auctions for more than seven years. The FTC says that Amazon likely took tens of billions of dollars from advertisers. Amazon denied wrongdoing.
2026-08-18: The SEC registration for Amazon's purchase of Globalstar became effective. Amazon agreed in April 2026 to buy Globalstar for Amazon Leo. Each Globalstar share gets $90 in cash or 0.3210 Amazon shares, with cash for at most 40% of the shares. The 10-Q gives a value of about $10.9 billion, including debt. Amazon expects to close the purchase in 2027.
2026-08-10: Zoox started to charge riders for its robotaxi service in Las Vegas, after a federal safety exemption on July 30, 2026.
2026-07-30: Amazon reported Q2 2026 results. Revenue was $200.6 billion, 20% more than a year earlier. Operating income was $27.5 billion, up from $19.2 billion. Net income was $62.6 billion, or $5.75 per share, because it included $53.4 billion of non-operating income before tax, mostly from the Anthropic stake.
2026-07-30: In Q2 2026, AWS revenue grew 37%, to $42.2 billion, and AWS operating margin was 39.4%, up from 32.9% a year earlier. The AWS backlog was $496 billion, about $132 billion more than at the end of Q1. North America operating margin was 7.9%, and International operating margin was 4.1%.
2026-07-30: Amazon raised its 2026 plan for cash capital spending to about $220 billion, from about $200 billion. The CEO said that AWS will still not have enough capacity for all the demand in 2026, and that Amazon expects to double its 2025 power capacity by the end of 2027. For Q3 2026, Amazon guided revenue of $197 billion to $202 billion and operating income of $22.5 billion to $26.5 billion.
2026-07-09: Amazon closed the sale of $25.0 billion of notes in eight parts, due from 2029 to 2066. In 2026 it also sold $37.0 billion of notes in March, €14.5 billion in March, CHF 2.8 billion in May and C$14.0 billion in June, and it signed a $17.5 billion term loan in June.
2026-07-02: An Atlas V rocket launched 29 Amazon Leo satellites. Amazon said it has enough satellites in orbit to start initial internet service later in 2026.
2026-06-25: The European Commission said in a preliminary view that AWS should be a gatekeeper under the Digital Markets Act. A gatekeeper must follow extra rules on how it treats customers and rivals.
2026-04-20: Amazon agreed to invest $5 billion more in Anthropic, and up to $20 billion more as AWS delivers computing capacity to Anthropic. Anthropic agreed to spend more than $100 billion on AWS over 10 years. The Q2 2026 10-Q shows that Amazon invested $10.0 billion in Anthropic preferred stock in that quarter.
2026-02-27: Amazon agreed to invest $50 billion in OpenAI, and OpenAI expanded its AWS contract by $100 billion over 8 years. Amazon paid the last $21.3 billion of the investment after June 30, 2026.