What's Going On With Amazon (AMZN) Stock Today - Amazon.com (NASDAQ:AMZN)

Amazon.Com, Inc AMZN shares are trading higher Wednesday since reports suggested its plans to plans to revamp Alexa with its ChatGPT technology.
Despite laying off 2,000 Alexa employees in 2022, Amazon CEO Andy Jassy eyes the reboot of the voice assistant with ChatGPT-like features, Insider cites internal documents.
The documents highlighted Amazon's focus on new entertainment features for Alexa, including more conversational video search, personal recommendations, and storytelling and news-reading capabilities.
Amazon's homegrown large language model and generative AI technology called Alexa Teacher Model is set to power, Alexa.
Separately, Amazon launched a new fulfillment center in Windsor, Connecticut, Tuesday with the potential to add 2,000 new jobs.
This new facility expands Amazon's robust operations and logistics network in the state, with more than 15,000 full and part-time employees across Connecticut communities.
Amazon's 3.8 million-square-foot robotic fulfillment center helps to pick, pack and ship smaller customer items such as books, electronics, small household goods, and toys.
Paul Chew from Phillip Securities maintained a Buy rating on Amazon, with a price target of $120.00.
Price Action: AMZN shares traded higher by 2.02% at $105.72 on the last check Wednesday.
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What's Going On With Amazon Stock Today