Amazon Stock Today (Nov. 5, 2025): AMZN Holds Near Record Highs as OpenAI Cloud Pact, Perplexity Lawsuit, and Brazil Payments Push Take Center Stage
Amazon traded near $250 midday Wednesday after hitting a record high earlier this week, buoyed by a $38 billion, seven-year AI infrastructure deal with OpenAI. The company also filed a lawsuit against Perplexity over its automated shopping tool and expanded Brazil payments through Nubank. Q3 revenue rose 13% to $180.2 billion, with AWS sales up 20%. Management guided 2025 capital spending toward $125 billion.