Amazon and Google Launch Multicloud Networking Service to Enhance Connectivity Speed
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 01 2025
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Source: Newsfilter
- Service Innovation: Amazon and Google’s jointly developed multicloud networking service enables customers to establish private high-speed connections in minutes instead of weeks, significantly enhancing operational efficiency and responsiveness for businesses.
- Market Demand Response: The launch comes shortly after an AWS outage on October 20, which is expected to cost U.S. companies between $500 million and $650 million, highlighting the companies' keen response to market demands and their enhanced technical capabilities.
- Customer Base Expansion: Salesforce is among the early users of the new service, indicating its market appeal and potential for customer base expansion, further solidifying Amazon and Google’s leadership in the cloud computing sector.
- Industry Investment Trends: With the surge in demand for artificial intelligence, tech companies like Amazon and Google are investing billions to build infrastructure that can handle increasing internet traffic, thereby driving long-term business growth and market competitiveness.
Analyst Views on AMZN
Wall Street analysts forecast AMZN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AMZN is 294.71 USD with a low forecast of 250.00 USD and a high forecast of 340.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
43 Analyst Rating
40 Buy
3 Hold
0 Sell
Strong Buy
Current: 246.290
Low
250.00
Averages
294.71
High
340.00
Current: 246.290
Low
250.00
Averages
294.71
High
340.00
About AMZN
Amazon.com, Inc. provides a range of products and services to customers. The products offered through its stores include merchandise and content it has purchased for resale and products offered by third-party sellers. The Company’s segments include North America, International and Amazon Web Services (AWS). It serves consumers through its online and physical stores and focuses on selection, price, and convenience. Customers access its offerings through its websites, mobile apps, Alexa, devices, streaming, and physically visiting its stores. It also manufactures and sells electronic devices, including Kindle, Fire tablet, Fire TV, Echo, Ring, Blink, and eero, and develops and produces media content. It serves developers and enterprises of all sizes, including start-ups, government agencies, and academic institutions, through AWS, which offers a set of on-demand technology services, including compute, storage, database, analytics, and machine learning, and other services.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
