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Amazon (AMZN) Soars on €7.8B European Sovereign Cloud Launch Amid EU Regulatory Pressure

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The Story

News Summary

  • Amazon launches a sovereign cloud in Europe to comply with stricter EU data regulations and expand services, investing €7.8B to enhance regional control and compete amid regulatory scrutiny on Big Tech cloud dominance.
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AMZN price history

253.94 +10.57% over the displayed period

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