Amazon is heavily investing in artificial intelligence (AI), pouring billions into the technology for its retail platform, cloud business, and more. The company is in talks to invest up to $50 billion in OpenAI, a major AI startup. Amazon’s Q3 earnings exceeded expectations, with net sales rising to $180.2 billion and AWS sales climbing 20%. Analysts are bullish on Amazon stock, with a consensus “Strong Buy” rating and an average price target of $297.67, indicating potential upside of 24.4%. Investors are eagerly awaiting Amazon’s Q4 results on Feb. 5.

Read more at Barchart: Before Amazon Invests $50 Billion in OpenAI, How Should You Play AMZN Stock?