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3 ETFs Surging as Amazon Clears $3 Trillion Market Cap
24/7 Wall St.1d agoneutral
3 ETFs Surging as Amazon Clears $3 Trillion Market Cap

Amazon just handed investors a historic earnings blowout, and three ETFs built on top of the stock are racing higher in completely different directions. Which one you held this week made all the difference.

Investing.com2d agoneutral
Amazon cloud chief says inference demand is surging

Investing.com -- Amazon.com Inc.'s cloud division is seeing customers move from training AI models to integrating them into business operations through a process called inference, according to the unit's chief executive.

Microsoft Races Ahead Of Google In The Cloud
24/7 Wall St.2d agoneutral
Microsoft Races Ahead Of Google In The Cloud

The cloud war between Microsoft, Google, and Amazon is reshaping how AI gets built and deployed, and the gap between the three giants may surprise you. Hundreds of billions of dollars hinge on which platform corporations trust with their future.

Investing.com2d agobearish
AWS sees record growth driven by AI demand as capacity sells out through 2028

Investing.com -- Amazon Web Services (AWS) is recording its fastest growth rate in nearly five years, powered by a massive surge in artificial intelligence workloads across both frontier research labs and traditional enterprise sectors, AWS CEO Matt Garman revealed in an interview on Bloomberg TV’s Bloomberg Tech. Speaking with Bloomberg host Ed, Garman outlined how the cloud computing giant is navigating unprecedented demand, expanding its custom silicon offerings, and making multi-billion-doll

Amazon Hits $3 Trillion Market Cap for the First Time as Stock Heads Toward Record
Barrons.com2d agoneutral
Amazon Hits $3 Trillion Market Cap for the First Time as Stock Heads Toward Record

Amazon shares jumped 5.3% to $285.73 Monday and were on pace for a new all-time closing high, according to Dow Jones Market Data. Amazon also hit a market value of $3 trillion for the first time ever on Monday. It’s the fifth company to reach this milestone, after Apple Microsoft Nvidia and Alphabet Amazon first closed above a $1 trillion market cap on Feb. 4, 2020 and notched a $2 trillion market cap on June 26, 2024.

Jeff Bezos just named Amazon's next big pillar
TheStreet2d agoneutral
Jeff Bezos just named Amazon's next big pillar

In 2018, Jeff Bezos stood in front of Amazon employees at an all-hands meeting in Seattle and told them the company would one day go bankrupt. That quote resurfaced widely in late July 2026, almost exactly as Bezos appeared in a Fortune interview telling investors that Amazon's chip business is on ...