Amazon stock price edges higher after AWS copper deal — what AMZN traders are watching next
Seattle, Jan 16, 2026, 06:36 PST — Premarket Amazon.com shares edged up 0.7% to $238.18 in premarket Friday, building on a small gain from earlier this week as investors reacted to a new supply-chain initiative from its cloud division. The spark came from an agreement positioning Amazon Web Services to purchase copper mined in Arizona through a newer extraction method. It’s a minor headline, yet it cuts right into the debate over the costs of expanding AI-era data centers. Copper serves as essential plumbing at these sites — powering cabling, busbars, and heat sinks — and demand is shifting from