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Amazon Stock Surges on Strong AWS Growth and AI Spend

Guavy AI Editorial Team
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AMZN
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Amazon.com Inc.'s stock has surged by 15.03% amid strong growth in AI-driven cloud and retail services.

The company's Q2 2026 net sales reached $200.6B, a 20% year-over-year increase, while operating income jumped 43% to $27.5B.

AWS, Amazon's cloud division, delivered $42.23B in net sales and $16.62B in operating income, backed by a $496B order backlog and a $25B custom chip revenue run-rate.

Amazon Business reached a $60B annualized gross sales run-rate, serving over 11 million organizations after adding about 1.8 million in the first half of 2026.

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