TradingKey – As of last Friday (October 9) Eastern Time, Amazon (AMZN) closed at $262.43, up 3.29%, reaching an intraday high of $262.80, setting a recent high. Reports subsequently emerged that the company is in talks to acquire AI startup Decart for approximately $7 billion. Against the backdrop of the stock price having just broken through the technical level of $260, this potential deal has further heightened market focus on the expansion of AWS’s AI infrastructure and proprietary chip ecosystem, which may continue to support the stock’s upward momentum.