10 AI Stocks Making Headlines on Wall Street

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1.  Amazon.com, Inc. (NASDAQ:AMZN)

Number of Hedge Fund Holders: 335

Amazon.com, Inc. (NASDAQ:AMZN) is one of the 10 AI Stocks Making Headlines on Wall Street. On November 25, TD Cowen analyst John Blackledge reiterated a Buy rating on the stock with a $300.00 price target.

The firm is optimistic on the stock and believes it is well-positioned amid surging AI demand and cloud infrastructure growth. Blackledge noted how Amazon’s AWS revenue accelerated to 20.2% year-over-year growth in the third quarter of 2025, up from 17.5% in the second quarter.

Management also cited a $200B backlog which doesn’t include several unannounced deals from October. The firm also highlighted Amazon’s recent multi-year deal with OpenAI comprising a $38BN commitment for the AI startup to leverage AWS compute “including ‘hundreds of thousands’ of Nvidia GPUs and the potential to scale to ‘tens of millions’ of CPUs for agentic workloads.”

Moreover, AWS’s Trainium chips business have also reached a multi-billion dollar run rate, growing more than 150% quarter-over-quarter in the third quarter of 2025.

“Meanwhile, AWS’s Trainium chips business is now at a multibillion-dollar run rate and growing 150%+ q/q in 3Q25. We project AWS will reach $128.1BN in revenue in 2025, up 19.1% y/y, rising to $348.5BN in 2030 (a 22% CAGR). We forecast AWS operating income to rise to $45.9BN in 2025 and $117.8BN in 2030 (21% CAGR).”

Amazon.com Inc. (AMZN) is an American technology company offering e-commerce, cloud computing, and other services, including digital streaming and artificial intelligence solutions.

While we acknowledge the potential of AMZN as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than AMZN and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 10 AI Stocks in Focus on Wall Street and 10 Hot AI Stocks to Keep on Your Radar

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