Amazon. com (NASDAQ: AMZN), a global e-commerce, cloud infrastructure, and digital advertising platform, closed at $245. 63, up 2. 20%. Phillip Securities upgraded the stock to "buy" and raised its price target, while investors are watching demand for AWS (Amazon Web Services) and AI spending. Trading volume reached 57. 7 million shares, coming in about 51% above its three-month average of 38. 3 million shares.
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