Wall Street climbs as Amazon soothes AI jitters

By Noel Randewich and Johann M Cherian July 31 (Reuters) - Wall Street climbed on Friday, lifted by Amazon as the tech heavyweight's strong quarterly report bolstered investor confidence in AI-related stocks,

Amazon earnings preview: Wall Street looks for more cloud growth as AI spending hits a record

Amazon reports second-quarter results Thursday afternoon, with AWS growth expected to accelerate and capital spending on pace for a record $200 billion this year.

Wall Street rises as Amazon and chip stocks jump, even as oil prices add to worries about inflation

NEW YORK (AP) — Amazon and resurgent stocks of computer chipmakers are leading the U.S. stock market higher on Friday, even as oil prices rise and worries about inflation weigh on the bond market.
BeInCrypto

Wall Street Rushes to Raise Amazon Targets After 15% Post-Earnings Stock Surge

One number mattered most. Amazon Web Services, the company’s cloud arm, grew 36.8% to $42.2 billion. That was its fastest growth in 18 quarters, or about four and a half years. The Q2 earnings beat had already lifted the stock 8.85% after hours.

AWS’ outperformance gives Wall Street analysts confidence in Amazon’s AI strategy

Analysts on Wall Street generally reiterated their "buy" ratings on the stock and raised price targets after its earnings report on Thursday.

Amazon Plans to Spend $20 Billion More on AI. Wall Street Loves It

Amazon reported net sales of $200.6 billion and a profit of $62.6 billion, or $5.75 per share, compared to $1.82 per share and net sales of $196.43 billion expected by Wall Street. The tech giant raised its 2026 spending forecast from $200 billion to $220 billion due to higher memory costs,
24/7 Wall St.

Wall Street Knows Amazon Can Hit $400 Next Year, That’s Why I Keep Loading Up

Amazon sits in a rare window where Wall Street sees a path to $400 and most investors are still arguing about the capex bill. Here is why that tension is exactly the buying opportunity worth understanding.
Bisnow

Wall Street Impatient For Big Tech Returns On Data Center Spending

Wall Street's disparate reactions to data center spending plans from Amazon, Microsoft and Google show impatience for return on AI investments.

Wall Street ends higher as Amazon soothes AI jitters, but TSX lower on gold weakness and Telus

Wall Street ended higher on Friday, lifted by Amazon as the tech heavyweight’s strong quarterly report bolstered investor confidence in AI-related stocks, while Apple dropped after its results disappointed investors. Bay Street ended lower, as gold stocks fell and Telus shares tumbled after the telecom cut its dividend.
24/7 Wall St.

I Will Keep Buying Amazon After Wall Street Next ‘Capex Panic’ Drops The Stock Price

Every time Wall Street panics over Amazon's capital spending, patient investors have walked away rich. The $200 billion capex announcement just triggered another selloff, and the history behind that pattern is worth understanding before dismissing it as reckless.

Wall Street ends higher as Amazon soothes AI jitters

By Noel Randewich and Johann M Cherian July 31 (Reuters) - Wall Street ended higher on Friday, lifted by Amazon as the tech heavyweight's strong quarterly report bolstered investor confidence in AI-related stocks,