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67/100 Bullish 05.08.2026 · 13:50 Finrend AI ⏱ 1 dk 👁 5 TR

US Court Lifts Amazon's Injunction Against Perplexity AI

A US court has overturned an injunction that Amazon had obtained against Perplexity AI, marking a significant turning point in the legal dispute between the tech giant and the artificial intelligence startup. The court's decision clears the way for Perplexity AI to continue its operations, effectively rejecting Amazon's objections. Amazon had previously secured a court order alleging that certain services provided by Perplexity AI violated its platform. However, a higher court ruled that the injunction was not legally justified and lifted it. This development has reignited discussions about intellectual property and contract disputes among companies in the AI sector. Experts note that this ruling is a positive signal for innovative companies in the AI field, interpreting the court's approach as limiting the pressure that tech giants can exert on smaller startups. It is noted that Perplexity AI's services on Amazon's platform have improved user experience and thereby increased competition in the industry. This decision may prompt Amazon to reassess its strategies in the AI space. The company could seek new ways to resolve its dispute with Perplexity AI or continue the legal process at a different level. Meanwhile, Perplexity AI is expected to accelerate its growth plans following this victory. This is not investment advice.

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The court's decision to lift Amazon's ban on Perplexity AI could have a supportive short-term effect on the stock, as it may enable the company to expand its AI collaborations and foster a positive perception in the technology sector. However, with the price having risen over 15% in the last 24 hours and the RSI at 62, the stock is approaching overbought territory, which could limit the pace of further gains. Momentum is weakening as the MACD remains below its signal line, but the price above the SMA20 and strong volume confirm a short-term upward trend. Given the positive news combined with existing technical resistance, a modest 1-2% rise can be expected, though caution is advised against profit-taking.

RSI 14
62.2
MACD
7.06
24h Δ
15.37%
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