Amazon adds $300 billion in market value after blockbuster AWS earnings
Update: 2025-10-31
Description
Amazon's stock surged by up to 12% following its Q3 earnings report, adding nearly $300 billion to its market value. The main catalyst was AWS, Amazon's cloud computing business, which saw a 20% sales increase, its fastest growth since 2022. Amazon's revenue beat expectations, and its earnings per share outperformed estimates. The company plans to invest $125 billion in capital expenditures next year, primarily in cloud infrastructure and AI. This investment strategy positions Amazon as a leader in AI, with investors regaining confidence in its management and growth potential.
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