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Amazon (AMZN) Soars on $200B AWS AI Capex Plan Boosting Long-Term Cloud Growth

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The Story

News Summary

  • Amazon plans $200 billion capex mainly for AWS AI infrastructure through 2026, driving long-term revenue growth despite near-term margin pressure amid strong AI demand and partnerships with OpenAI.
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AMZN price history

256.78 +13.48% over the displayed period

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