The analysis discusses Amazon's stock, which jumped roughly 5% following a $38 billion deal with OpenAI. OpenAI will run its AI workloads on Nvidia's GPUs housed within Amazon's AI servers. OpenAI will start using Amazon's AI infrastructure immediately, scaling to full computing capacity by the end of 2026. This implies an incremental ramp of purchases from OpenAI. The analysis also mentions Amazon Web Services generating $33 billion in sales in the most recently completed quarter, with an annualized run rate of approximately $130 billion. A discounted cash flow valuation suggests an intrinsic value per share of $295, while the current market price, after increasing by 5%, is $256.09. The $109 billion estimate for 2027 is expected to rise to $116 billion, and the 2028 figure is anticipated to reach $131 billion. This would increase upward impact on the intrinsic value calculation. The content suggests Amazon stock is a buy, with the analyst owning the stock and planning to increase their position.