Top Wall Street Forecasters Revamp Amazon Expectations Ahead Of Q3 Earnings
1. AMZN's Q3 earnings will be announced on Oct. 30, expected at $1.57/share. 2. Revenue estimate is $177.74 billion, up from $158.88 billion last year. 3. Project Rainier, a significant AI compute cluster, is now operational. 4. Several analysts raised price targets, indicating strong market confidence. 5. AMZN shares rose 0.5%, closing at $230.30 prior to earnings release.