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Amazon (AMZN) Soars on Q2 Beat as AI Lens Live Boosts Shopping Growth

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The Story

News Summary

  • Amazon launched Lens Live and other AI shopping features, reported Q2 revenue up 13% to $167.7B with ad revenue +23%, plans up to $100B capex for AI, and faces intensifying cloud competition while outpacing Walmart and Alibaba in AI investment.
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AMZN price history

245.96 +5.17% over the displayed period

Advisor Snapshot

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