Amazon Stock Surges on AI Infrastructure Commitments and Record Prime Day Sales

Amazon's stock surged by 4.27% on a strong investor response to its significant AI infrastructure commitments and record Prime Day sales, which accelerated buying interest.

The company will deploy an additional 2 million NVIDIA GPUs for AI infrastructure via Amazon Web Services starting in 2027.

Prime Day sales reached a record $26.4 billion over four days, supporting Amazon's push to overtake Walmart in annual revenue.

Amazon's robust position above major moving averages underscores positive momentum across short-, medium-, and long-term trends.