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13h agoAmazon shares soar after cloud unit posts strong growth amid AI boom
Shares of Amazon rose nearly 12 % in early trading after the company reported a 20 % year-on-year increase in revenue from its cloud unit AWS, and issued a bullish sales outlook. The strong showing eased investor concerns that Amazon was lagging in the AI race versus peers such as Microsoft and Alphabet’s Google Cloud, which reported higher growth rates recently. Analysts said the performance underscores Amazon’s renewed momentum in cloud and enterprise AI infrastructure.
Explore:Mutual Fund Themes
positive
13h agoAmazon shares soar after cloud unit posts strong growth amid AI boom
Shares of Amazon rose nearly 12 % in early trading after the company reported a 20 % year-on-year increase in revenue from its cloud unit AWS, and issued a bullish sales outlook. The strong showing eased investor concerns that Amazon was lagging in the AI race versus peers such as Microsoft and Alphabet’s Google Cloud, which reported higher growth rates recently. Analysts said the performance underscores Amazon’s renewed momentum in cloud and enterprise AI infrastructure.
Explore:Mutual Fund Themes
positive
Amazon shares soar after cloud unit posts strong growth amid AI boom
about 13 hours ago
1 min read
75 words
Amazon jumps ~12% as its AWS cloud unit accelerates, signalling stronger footing in the AI infrastructure race.
Shares of Amazon rose nearly 12 % in early trading after the company reported a 20 % year-on-year increase in revenue from its cloud unit AWS, and issued a bullish sales outlook. The strong showing eased investor concerns that Amazon was lagging in the AI race versus peers such as Microsoft and Alphabet’s Google Cloud, which reported higher growth rates recently. Analysts said the performance underscores Amazon’s renewed momentum in cloud and enterprise AI infrastructure.
Shares of Amazon rose nearly 12 % in early trading after the company reported a 20 % year-on-year increase in revenue from its cloud unit AWS, and issued a bullish sales outlook. The strong showing eased investor concerns that Amazon was lagging in the AI race versus peers such as Microsoft and Alphabet’s Google Cloud, which reported higher growth rates recently. Analysts said the performance underscores Amazon’s renewed momentum in cloud and enterprise AI infrastructure.
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ai
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ai
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cloud computing
enterprise software
Oct 31, 2025 • 10:11 IST