Wedbush projects Amazon's first-quarter 2026 earnings to benefit from accelerating AWS demand, citing sold-out Trainium3 and Trainium4 chip capacity and a $244 billion order backlog that doubled year-over-year. The firm also highlights Amazon Advertising growing over 20% annually and a planned $200 billion capital expenditure backed by signed customer commitments.

Amazon secured a multiyear licensing pact with Oprah Winfrey to produce twice-weekly video podcasts starting this summer. The agreement covers specials tied to the Favorite Things brand and access to her 25-season show library across Prime Video, Amazon Music, Fire TV Channels and Audible, with shared sales and advertising revenue.