Amazon is trading at CA$28.41, up 3.88%, after a same-day Phillip Securities upgrade to Buy from Accumulate. - Phillip raised its target from $320 to $330, citing AWS growth and demand visibility. - Broader-market gains may have supported the move, though index advances were more moderate. - Amazon’s recent earnings miss and $220 billion 2026 capital-spending plan remain concerns; the upgrade offers a more direct explanation for today’s rise than that earlier negative news.