"All on news OpenAI is in talks with the e-commerce giant about an investment that could exceed $10 billion. It could also include an agreement to use Amazon AI chips, too. This comes not long after OpenAI outlined the details of its relationship with Microsoft. According to CNBC, that relationship will also allow it to raise capital and partner with other AI companies. In addition, Amazon ran higher on news that it will invest $35 billion across India through 2030. By 2030, the investment is expected to quadruple exports to $80 billion."
"Technically, shares of Amazon just found support at $222.56, with overextensions on RSI, MACD, and Williams' %R. From its last traded price of $222.56, we'd like to see the stock initially break through its 50-day moving average at around $229.25 a share. Helping, Oppenheimer raised its price target for AMZN from $290 to $305, noting that Amazon Web Services (AWS) could double its capacity through 2027, and serve as a key stock catalyst."
"Severely oversold shares of Oracle ( NYSE: ORCL) are showing big signs of life, too. At the moment, it's up about $2.35 a share in premarket. After gapping lower on AI data center spending fears, the tech giant appears to have caught strong support at $188.65. It's also overextended on RSI, MACD, and Williams' %R. From here, we'd like to see ORCL initially refill its bearish gap at around $220 a share. Longer-term, we'd like to see ORCL retest $260 a share. Fueling upside, Mizuho analysts say ORCL is among its top enterprise stocks for 2026. The firm says 2025 was a "transformative" year for the company, as it went from "an emerging cloud vendor into a key AI infrastructure player," as quoted by Seeking Alpha. "We see Oracle as a [long-term] AI beneficiary given its end-to-end stack, including apps, its industry-leading database for mission-critical workloads, and OCI for AI training and inference,""
OpenAI is in talks with Amazon about an investment that could exceed $10 billion and a potential agreement to use Amazon AI chips. OpenAI's relationship with Microsoft still allows it to raise capital and partner with other AI firms. Amazon plans to invest $35 billion across India through 2030, with that investment expected to quadruple exports to $80 billion by 2030. Amazon shares recently found technical support at $222.56 and face resistance near the 50-day moving average around $229.25. Oppenheimer raised AMZN's price target to $305, citing AWS capacity expansion through 2027. Oracle shares found support at $188.65, show gap-fill and retest targets near $220 and $260, and draw favorable analyst views as an AI infrastructure beneficiary.
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