Nasdaq and Amazon.com (AMZN)'s AWS Expands Strategic Technology Partnership

Amazon.com, Inc. (NASDAQ:AMZN) is one of the Best WallStreetBets Stocks to Invest In. On September 25, it was announced that Nasdaq and Amazon.com, Inc. (NASDAQ:AMZN)’s Amazon Web Services, Inc. (AWS) expanded their strategic technology partnership by offering financial institutions the option of deploying Nasdaq Calypso on AWS. Notably, it will be provided as a fully managed service powered by AWS, with the underlying technology managed by Nasdaq, as the focus remains on modernizing the next generation of capital markets and treasury infrastructure.

To give a brief perspective, Nasdaq Calypso is a capital markets and treasury management platform, enabling financial institutions to process front-to-back-office workflows, manage risk, and meet regulatory obligations. In Q2 2025, Amazon.com, Inc. (NASDAQ:AMZN)’s AWS segment sales rose 17.5% YoY to $30.9 billion, with the segment’s operating income coming at $10.2 billion. Amazon.com, Inc. (NASDAQ:AMZN)’s AI progress across the board has been improving its customer experiences, speed of innovation, operational efficiency, and business growth.

Mairs & Power, an investment advisor, released the Q2 2025 investor letter. Here is what the fund said:

“The Fund also started a new position in Amazon.com, Inc. (NASDAQ:AMZN) in the second quarter, where the company is well positioned to continue capturing market share in retail while also growing its market leading cloud business. The Fund took advantage of weakness in the stock during April to start the position as tariff news and a precipitous market decline provided an opportunity to build a position.”

While we acknowledge the potential of AMZN as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.