Amazon Stock Suffers from Cloud Outage Despite Strong Growth

Amazon's stock price has dropped about 14% from its 52-week high of $287, despite posting its fastest AWS growth in 18 quarters.

AWS confirmed it cannot restore access to its Bahrain cloud region or one UAE availability zone after damage tied to regional conflict, and affected customers are being told to rebuild elsewhere.

CEO Andy Jassy said the company still won't have 'enough capacity to meet all the demand' it's seeing this year, and raised 2026 capex guidance to $220 billion from $200 billion.