1 week ago

Amazon (AMZN) Stock: Completes $50 Billion OpenAI Investment After Q2 Surge

TLDR Amazon stock jumps 14.53% as strong Q2 earnings fuel renewed market momentum Amazon completes its $50 billion OpenAI investment after meeting key milestones AWS revenue rises 36.7% as AI demand strengthens Amazon’s cloud performance Amazon Ads revenue reaches $19.8 billion as quarterly sales rise 26% yearly Amazon raises 2026 capital spending to $220 billion [...]

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Source: Blockonomi →