Tag: AWS

Bezos Files to Sell $4 Billion in Amazon Stock as Shares Hit Record High

Jeff Bezos has filed to sell about $4 billion in Amazon stock just after the company touched $3 trillion, sending shares lower.

Amazon Joins $3 Trillion Club as AI and Cloud Growth Power Market Rally

Amazon has surpassed a $3 trillion market valuation for the first time as AI optimism and cloud computing growth power a broad Wall Street rally.

Amazon Posts Strong Q2 Profits as AWS Cloud Growth Accelerates to 18-Quarter High

Amazon reported net income of $62.65 billion and net sales of $200.6 billion in Q2, with AWS cloud revenue rising 37% amid strong AI demand.

Amazon Stock Surges Toward Best Day in Years as AWS Cloud Growth Accelerates

Amazon shares soared toward their best day in more than a decade as AWS cloud growth accelerated, driven by rising demand for AI infrastructure.

Amazon Shares Surge as Cloud Growth Bolsters Case for Heavy AI Spending

Amazon shares jumped about 10% after strong AWS cloud sales and a raised capital spending plan reassured investors on its heavy AI investment.

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