Meta and Amazon Shares Jump More Than 5% as JPMorgan Names Them Preferred Internet Stocks
Meta and Amazon shares climbed more than 5% each on Monday after JPMorgan named them its preferred internet stocks, citing stronger returns from AI investments across advertising and cloud computing.
Meta Platforms (META) and Amazon (AMZN) shares climbed more than 5% each on Monday as JPMorgan named the companies its preferred internet stocks, citing stronger returns from artificial intelligence (AI) investments across advertising and cloud computing.According to TheFly, analyst Doug Anmuth add…