GeneralBullishBlockonomi · 4h ago6/10
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Amazon (AMZN) Stock: Can Prime Day Reignite Momentum After 10% Pullback?
Amazon stock has experienced a 10% pullback but faces a potential catalyst through Prime Day 2026, with Bank of America projecting $21.6B in gross merchandise value and maintaining a $310 price target. AWS growth acceleration at 28% in Q1 provides additional upside momentum for the e-commerce and cloud computing giant.