Amazon, AWS Growth
Digest more
Nasdaq, S&P 500 and Stock Market
Digest more
Amazon posted its second-quarter earnings after the closing bell on Thursday. Cloud growth vastly exceeded expectations.
1don MSN
US stocks rise to finish a wild July as Amazon soars, Apple sinks and inflation worries worsen
U.S. stocks rose Friday to finish a wildJuly for Wall Street as Amazon leaped, Apple sank and rising oil prices worsened worries about inflation staying high. The S&P 500 climbed 0.7% after veering between gains and losses through the day.
Amazon stock surged after strong Q2 results as the company completed its $50 billion OpenAI investment and raised spending on AI infrastructure growth
Both tech companies beat Wall Street predictions on revenue in their second quarters
Wondering where Amazon stock may be in five years? Learn what the current state of AMZN stock is and what its five-year outlook may contain.
Amazon stock rises toward $239.59 after Q2 earnings, as investors assess AWS growth, AI spending, margins, and market outlook.
Amazon reports Q2 earnings on July 30, and the setup looks unlike anything the stock has offered in years. Four compounding business segments, a cloud franchise hitting multi-year highs, and a $200 billion AI bet that Wall Street is quietly pricing as a near-certain winner.
The e-commerce and cloud giant still looks like a reliable long-term investment.