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Amazon and Apple Soar to New Heights Amid Strong Growth Prospects

Guavy AI Editorial Team
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Amazon's cloud and e-commerce businesses are driving growth for the company, which recently hit an all-time high after its strong Q2 2026 earnings report.

The tech giant is the market leader in both cloud computing and e-commerce, with its Amazon Web Services (AWS) unit experiencing a 37% surge in revenue to $42.2 billion last quarter.

CEO Andy Jassy predicts that AWS could become a $1 trillion revenue business, breaking even on chip and networking investments within two to three years.

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