From Yahoo Finance: 2025-04-17 13:02:00

We recently highlighted 10 AI stocks not to overlook, including Amazon.com Inc (NASDAQ:AMZN). Trump’s tariffs may benefit China, potentially aiding its AI advancements. The US disruptions could lead allies to turn to China for tech needs. China’s President Xi Jinping seeks stronger ties with Vietnam amid US trade tensions and tariffs.

Xi urges increased trade and AI cooperation with Vietnam. US President Trump acknowledges China and Vietnam’s discussions, focusing on US interests. Hedge funds favor certain AI stocks, showing potential for market outperformance. Amazon (AMZN) advances Project Kuiper for global internet connectivity.

With 339 hedge fund holders, Amazon offers e-commerce, cloud computing, and AI solutions. Citizens JMP lowered AMZN’s price target to $240 but maintained an “Outperform” rating. AMZN aims to launch over 3,200 satellites through Project Kuiper for enhanced internet coverage. Overall, AMZN ranks highly in AI stocks, but other options may offer quicker returns.

Read more: Amazon.com (AMZN) Advances Project Kuiper as AI & Cloud Prospects Remain Strong