Hinde Group Raises Amazon.com Stake on AWS AI Capacity Bottlenecks and Strong Enterprise Backlog
📊 AMZN — Piyasa Yorumu
▲ up · 65%The report notes that despite capacity constraints in AWS's artificial intelligence, the corporate order backlog remains strong, prompting the Hinde Group to upgrade its stock rating. This supports a positive outlook for Amazon's cloud and artificial intelligence revenue. Technically, the price is above the 20 and 50-day moving averages, and the RSI is at 58.7, which is not in the overbought zone, indicating an upward momentum in the short term. Although the MACD signal line is just below, its stay in the positive zone and the 2.5% increase in the last 24 hours support the upward trend. However, it is advisable to remain cautious due to bottlenecks and general market uncertainties.