Friday, 31 July 2026 · World
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EUROS The World Financial Report
Nº 20 Friday, 31 July 2026 · World Edition
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Amazon shares surge 13% as cloud growth eases AI spending fears

Markets-Economic Times · 1h ago · 🇮🇳 India
Amazon shares surge 13% as cloud growth eases AI spending fears

Amazon shares rose sharply on Fridat after stronger-than-expected growth at its cloud business reinforced investor confidence in the company's AI investments. AWS posted its fastest revenue growth in over four years, while management's upbeat outlook helped ease concerns over the scale of Big Tech's capital spending on artificial intelligence.

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