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Bank of America resets Amazon stock forecast on key product launch

Amazon (AMZN) is one of the world’s largest online retailers and a hyperscaler thanks to its Amazon Web Services. The key driver for the stock has become artificial intelligence.The stock is up about 16.31% year to date, at the time of writing, Friday morning, May 22, according to Yahoo Finance. Meanwhile, the SPDR S&P 500 index (SPY) is up about…

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