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Amazon Stock Breaks Out as AWS Vision Hits $1 Trillion Target

Guavy AI Editorial Team Published August 3, 2026

Instruments

AMZN

Amazon's stock has broken through resistance levels and is challenging its 52-week high of $278.56.

The company's AWS division is a key driver of growth, with analysts predicting it could reach a $1 trillion valuation in the future.

A BNP Paribas analyst cited accelerating demand for AI workloads as a reason for their bullish stance on Amazon's stock.

In its second-quarter results, Amazon reported a beat in revenue and operating income, driven by strong performance from AWS and advertising.

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