Weekly Recap | Amazon -1.2%, data-centre deals stack up
Weekly Review·
- Amazon shares fell 1.2% to close at $253.71 this week, underperforming the S&P 500 index which dropped 0.08%.
- The company advanced multiple data center and AI infrastructure partnerships, including deals with Generac, PPC, and Garmin, alongside regulatory scrutiny from the FTC and EU.
- Institutional sentiment remained strong with a consensus rating of strong buy and an average target price of $328.22.