Amazon shares soar as AI demand boosts cloud revenue — and results fire up CEO Andy Jassy
PositiveU.S News

Amazon's shares have surged following a significant boost in cloud revenue driven by rising demand for AI services. CEO Andy Jassy highlighted that AWS is experiencing growth rates not seen since 2022, indicating a strong recovery and potential for future expansion. This is important as it reflects the company's ability to adapt and thrive in a competitive market, showcasing the increasing reliance on cloud technology and AI solutions.
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