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Amazon (AMZN) Soars Past $3T on AWS AI Boom Despite Bezos Sale

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The Story

News Summary

  • Amazon posted blockbuster Q2 earnings with AWS growth at fastest pace since 2021, driving shares above $3T market cap.
  • Bezos' $4.07B share sale caused a minor pullback, but analysts remain bullish with multiple price-target hikes.
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AMZN price history

248.42 +8.40% over the displayed period

Advisor Snapshot

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