Amazon Sees Sales Boost from AI-Powered Shopping Tools

A top tech analyst has increased his price outlook for Amazon (AMZN) after observing a significant shift in consumer behavior, which he attributes to the company's increasing use of artificial intelligence.

The analyst, who has not been named, claims that AI-powered tools on Amazon are driving sales and influencing purchasing decisions. He cites no specific data or figures to support this claim.

As a result of this trend, the analyst has raised his price target for Amazon's shares, although he does not specify by how much.