Amazon's shares traded near $262 in early October 2026 after closing at $254.06 on October 8, reflecting continued momentum from Q2 results that showed 20% revenue growth to $200.6 billion and 37% AWS expansion to $42.2 billion, aided by AI demand. The stock remains below its August high of $287 yet sits well above the February low near $196, supported by strong operating margins and analyst consensus price targets above $330. With Q3 earnings scheduled for October 29, traders are focused on whether cloud and advertising trends sustain the recent acceleration amid elevated 2026 capex guidance of roughly $220 billion.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · UpdatedView resolved

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