Amazon, AI and AWS
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Amazon's stock popped 13% on Thursday afternoon, fueled by huge Q3 growth at AWS. The earnings call with analysts is scheduled for 5 p.m. ET.
In recent days, analysts and management have highlighted a clear acceleration in Amazon Web Services’ AI-related growth, underpinned by long-term cloud commitments and large-scale partnerships such as the multibillion-dollar OpenAI agreement and expanded Nvidia GPU deployments.