US appeals court overturns Amazon injunction against Perplexity AI
The 9th Circuit ruled that users, not Perplexity, are the ones accessing Amazon's platform.
Amazon.com Inc. (AMZN) price
Full chart and statsLoading chart…
- Last close
- $255
- Close-to-close change
- +0.6%
- Market cap
- $2.7T (shares as of 2026-07-22)
- P/E (trailing)
- 20.5 (EPS to 2026-06-30)
- Annual revenue
- $716.9B USD (FY ended 2025-12-31) 10-K
- Annual revenue growth
- +12.4% (FY ended 2025-12-31 vs FY ended 2024-12-31) 10-K
- Annual net income
- 77,670,000,000 USD (FY ended 2025-12-31, attributable to the company) 10-K
- Annual operating margin
- 11.2% (FY ended 2025-12-31)
- Forward P/E
- Unavailable: no dated forecast source
Gloria daily close for session Oct 28, 2026. Market cap and trailing P/E use this close with the SEC share total and trailing diluted earnings, each dated next to its figure. Annual revenue, revenue growth, net income and margin show their own fiscal period and link the 10-K. Current context may postdate this article.
Amazon.com Inc. and its peers
| Company | Price | Market cap | P/E (trailing) | Forward P/E | Annual revenue (USD) | Annual revenue growth | Annual net income (USD) | Operating margin |
|---|---|---|---|---|---|---|---|---|
|
|
$255 | $2.7T | 20.5 | Unavailable | $716.9BFY ended 2025-12-31 · 10-K | +12.4%FY ended 2025-12-31 vs 2024-12-31 · 10-K | 77,670,000,000FY ended 2025-12-31, attributable to the company · 10-K | 11.2%FY ended 2025-12-31 |
|
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$14 | Unavailable | Not meaningfulLoss, diluted EPS −0.43 to 2026-06-30 · SEC filing | Unavailable | $34.5BFY ended 2025-12-31 · 10-K | +14.1%FY ended 2025-12-31 vs 2024-12-31 · 10-K | 208,000,000FY ended 2025-12-31, attributable to the company · 10-K | 1.4%FY ended 2025-12-31 |
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$114 | Unavailable | Not meaningfulLoss, diluted EPS −2.48 to 2026-06-30 · SEC filing | Unavailable | $12.5BFY ended 2025-12-31 · 10-K | +5.1%FY ended 2025-12-31 vs 2024-12-31 · 10-K | −313,000,000FY ended 2025-12-31, attributable to the company · 10-K | 0.1%FY ended 2025-12-31 |
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$119 | $942.3B | 43.0 | Unavailable | $713.2BFY ended 2026-01-31 · 10-K | +4.7%FY ended 2026-01-31 vs 2025-01-31 · 10-K | 21,893,000,000FY ended 2026-01-31, attributable to the company · 10-K | 4.2%FY ended 2026-01-31 |
Missing figures stay unavailable. Forward P/E requires a dated source. Annual revenue, revenue growth, net income and margin come from each company's own 10-K, in US dollars, and each row shows that fiscal year. Revenue growth compares the fiscal year with the prior year stated in the same 10-K. Net income is the full year amount attributable to the company, or available to common stockholders where the filing states only that, or consolidated net income. Each row names its basis. Trailing P/E reads "Not meaningful" when the dated trailing diluted EPS is a loss or zero. An operating margin appears only when the filing states both the operating income and the revenue for the same year.
Sources: SEC filings, Gloria daily closes and CoinGecko. Oldest record refresh: Oct 28, 2026, 3:46 PM EDT. Refresh is not a price or filing date. Each row shows its price date and its annual fiscal period. Peers use industry code and company size, or editorial selection. Market cap multiplies that row price by the company share total the latest SEC filing states for every share class together. Trailing P/E divides it by trailing diluted earnings from SEC filings. Rolled earnings per share are approximate because share counts can change between periods. Both appear only when the SEC data carries its date, so they are estimates at one price date, not synchronized filing valuations. Not investment advice.
Token vs underlying stock
Current comparison for AMZN. Historical observations may postdate this article.
AMZNx token unit vs AMZN share · USD
-6.7% over displayed period
● AMZNx token┄ AMZN stock: $254.60
Source: CoinGecko + Gloria · Retrieved Oct 28, 20:51 UTC
Methodology and data
Split-adjusted regular-session stock closes from the existing Gloria shared history, paired only with an observed token price within 45 minutes of 16:00 New York time. Up to 60 matched sessions. No interpolation or missing-date fill. Weekends and known early closes are omitted. Token units are not adjusted for issuer multipliers or dividend treatment. This compares quoted prices, not fair value, executable premiums or arbitrage returns. Solid line: token. Dashed line: stock. Exact quote times and values appear below. Historical observations. Retrieval refers to the token source. Token quote times use UTC. The fixed cohort shows its oldest member fetch.
| Date (UTC) | Token (USD) | Stock close (USD) | Token quote (UTC) |
|---|---|---|---|
| 2026-08-05 | 272.84 | 272.65 | 2026-08-05 20:00 |
| 2026-08-06 | 272.13 | 272.26 | 2026-08-06 20:00 |
| 2026-08-07 | 274.76 | 274.48 | 2026-08-07 20:00 |
| 2026-08-10 | 277.96 | 278.09 | 2026-08-10 20:00 |
| 2026-08-11 | 272.21 | 272.27 | 2026-08-11 20:00 |
| 2026-08-12 | 267.48 | 267.28 | 2026-08-12 20:00 |
| 2026-08-13 | 265.07 | 265.13 | 2026-08-13 20:00 |
| 2026-08-14 | 262.81 | 262.65 | 2026-08-14 20:00 |
| 2026-08-17 | 261.07 | 261.31 | 2026-08-17 20:00 |
| 2026-08-18 | 259.40 | 259.45 | 2026-08-18 20:00 |
| 2026-08-19 | 265.80 | 265.84 | 2026-08-19 20:00 |
| 2026-08-20 | 259.95 | 260.11 | 2026-08-20 20:00 |
| 2026-08-21 | 258.73 | 258.63 | 2026-08-21 20:00 |
| 2026-08-24 | 262.28 | 262.07 | 2026-08-24 20:00 |
| 2026-08-25 | 261.06 | 261.06 | 2026-08-25 20:00 |
| 2026-08-26 | 260.32 | 260.28 | 2026-08-26 20:00 |
| 2026-08-27 | 256.30 | 256.26 | 2026-08-27 20:00 |
| 2026-08-28 | 266.44 | 266.43 | 2026-08-28 20:00 |
| 2026-08-31 | 259.63 | 259.77 | 2026-08-31 20:00 |
| 2026-09-01 | 254.64 | 254.92 | 2026-09-01 20:00 |
| 2026-09-02 | 254.81 | 254.98 | 2026-09-02 20:00 |
| 2026-09-03 | 258.83 | 258.90 | 2026-09-03 20:00 |
| 2026-09-04 | 258.34 | 258.51 | 2026-09-04 20:00 |
| 2026-09-08 | 256.81 | 256.97 | 2026-09-08 20:00 |
| 2026-09-09 | 252.24 | 252.40 | 2026-09-09 20:00 |
| 2026-09-10 | 251.61 | 251.89 | 2026-09-10 20:00 |
| 2026-09-11 | 257.13 | 256.78 | 2026-09-11 20:00 |
| 2026-09-14 | 253.68 | 253.54 | 2026-09-14 20:00 |
| 2026-09-15 | 248.35 | 248.42 | 2026-09-15 20:00 |
| 2026-09-16 | 246.01 | 245.96 | 2026-09-16 20:00 |
| 2026-09-17 | 251.35 | 251.19 | 2026-09-17 20:00 |
| 2026-09-18 | 253.69 | 253.71 | 2026-09-18 20:00 |
| 2026-09-21 | 258.31 | 258.45 | 2026-09-21 20:00 |
| 2026-09-22 | 255.06 | 254.98 | 2026-09-22 20:00 |
| 2026-09-23 | 249.39 | 249.27 | 2026-09-23 20:00 |
| 2026-09-24 | 249.48 | 249.38 | 2026-09-24 20:00 |
| 2026-09-25 | 249.71 | 249.67 | 2026-09-25 20:00 |
| 2026-09-28 | 246.30 | 246.15 | 2026-09-28 20:00 |
| 2026-09-29 | 246.66 | 246.67 | 2026-09-29 20:00 |
| 2026-09-30 | 249.53 | 249.15 | 2026-09-30 20:00 |
| 2026-10-01 | 248.17 | 248.23 | 2026-10-01 20:00 |
| 2026-10-02 | 251.37 | 251.52 | 2026-10-02 20:00 |
| 2026-10-05 | 251.43 | 251.40 | 2026-10-05 20:00 |
| 2026-10-06 | 256.28 | 256.29 | 2026-10-06 20:00 |
| 2026-10-07 | 259.85 | 259.92 | 2026-10-07 20:00 |
| 2026-10-08 | 254.31 | 254.06 | 2026-10-08 20:00 |
| 2026-10-09 | 262.35 | 262.43 | 2026-10-09 20:00 |
| 2026-10-12 | 259.60 | 259.53 | 2026-10-12 20:00 |
| 2026-10-13 | 258.72 | 258.58 | 2026-10-13 20:00 |
| 2026-10-14 | 253.89 | 254.08 | 2026-10-14 20:00 |
| 2026-10-15 | 254.89 | 254.76 | 2026-10-15 20:00 |
| 2026-10-16 | 250.16 | 250.00 | 2026-10-16 20:00 |
| 2026-10-19 | 262.52 | 262.45 | 2026-10-19 20:00 |
| 2026-10-20 | 262.57 | 262.63 | 2026-10-20 20:00 |
| 2026-10-21 | 262.57 | 262.37 | 2026-10-21 20:00 |
| 2026-10-22 | 250.30 | 250.38 | 2026-10-22 20:00 |
| 2026-10-23 | 248.07 | 248.00 | 2026-10-23 20:00 |
| 2026-10-26 | 248.95 | 249.09 | 2026-10-26 20:00 |
| 2026-10-27 | 253.41 | 253.10 | 2026-10-27 20:00 |
| 2026-10-28 | 254.56 | 254.60 | 2026-10-28 20:00 |
Stock history: Gloria · Retrieved Oct 29, 00:31 UTC. Token history: CoinGecko AMZNx.
Quoted token and share units can have different rights, multipliers and dividend treatment. This is not an executable premium or arbitrage signal.
A US federal appeals court has ruled in favor of Perplexity AI, overturning an injunction that had blocked the company’s AI-powered Comet browser from interacting with Amazon’s platform while litigation proceeds.
The Ninth Circuit held on Tuesday that Amazon is unlikely to succeed in claims alleging violations of the Computer Fraud and Abuse Act and California’s Comprehensive Computer Data Access and Fraud Act, because the evidence currently indicates that users, not Perplexity, access Amazon’s systems.
The appellate court also concluded that Amazon failed to demonstrate the other legal requirements needed for injunctive relief, including irreparable harm and that the balance of public interest favored blocking the technology. Judges said maintaining the injunction would impose an unnecessary burden on Perplexity and could restrict innovation in agentic AI.
Amazon sued Perplexity in November 2025, alleging its AI shopping assistant improperly accessed Amazon’s platform.
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Although a lower court granted Amazon a preliminary injunction in March, that order was stayed during the appeal. The case has now been remanded to the US District Court for the Northern District of California for further proceedings.
Disclosure: This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
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