Top 10 AI Stocks Making Headlines on Wall Street

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1.  Amazon.com, Inc. (NASDAQ:AMZN)

Number of Hedge Fund Holders: 339

Amazon.com Inc. (NASDAQ:AMZN) is an American technology company offering e-commerce, cloud computing, and other services, including digital streaming and artificial intelligence solutions. On May 13, American cloud computing company PagerDuty renewed its global strategic collaboration agreement (SCA) with Amazon Web Services (AWS) to leverage AWS’s advanced generative AI services within its AI-first platform called PagerDuty Operations Cloud.

The renewed collaboration will help PagerDuty to enhance the platform’s ability to detect and resolve IT problems using artificial intelligence.  The PagerDuty platform allows teams to detect and diagnose disorderly events, and alert the right people to respond and streamline infrastructure and workflows. More than 6,000 joint customers will be able to leverage the capabilities of the PagerDuty Operations Cloud to manage their business through AI and automation.

“The integration of AWS advanced AI capabilities, including the Amazon Q index, creates a powerful combination to address critical customer needs for operational resilience. The AWS and PagerDuty strategic collaboration agreement builds on our long-standing relationship to help organizations transform how they detect, respond to and prevent operational disruptions. Now, with the PagerDuty solutions available in AWS Marketplace, we’re making it easier than ever for our shared customers to implement digital operations management that keeps their businesses running smoothly and their customers satisfied.”

-Chris Grusz, Director of AWS Marketplace and ISV Alliances at AWS.

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 doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AMZN but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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