Amazon (AMZN) Stock:AI Investment Gains Momentum as AWS Revenue Surges

TLDR Amazon stock climbs as AWS revenue surges 37% and AI spending continues to expand Amazon raises AI spending as AWS revenue reaches $42.2 billion in the second quarter Amazon’s AI and chips businesses each exceed a $25 billion annual revenue run rate Amazon stock holds near $265 as $267.50 remains the key resistance level [...]

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