Amazon soars as cloud revenue surge allays fears over ballooning AI bets
· economictimes.indiatimes.com
Amazon shares surged after robust cloud sales growth validated AI investments. The company posted its strongest cloud growth in over four years. This performance justifies a significant increase in planned capital spending for 2026. Unlike some rivals, Amazon demonstrated measurable returns from its AI spending. Investors responded positively, reinforcing confidence in the tech giant's strategy.
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