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Amazon (AMZN) Surges as AWS Growth Accelerates, Backlog Hits $364B

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • Amazon's AWS grew 28% with record backlog and margins; custom silicon reduces NVIDIA dependence.
  • Analyst bullish on AMZN over Microsoft/Alphabet ahead of 2027 free cash flow inflection.
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AMZN price history

256.78 +13.48% over the displayed period

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