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Amazon Soars Past $3T on AWS Boom as Bezos Sells $4B Stake

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The Story

News Summary

  • Amazon hit $3T market cap on record Q2 earnings and 37% AWS growth.
  • Bezos filed a pre-arranged $4B share sale, causing a brief 2% dip, but analysts raised price targets citing strong AI-driven cloud demand.
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AMZN price history

253.70 +10.46% over the displayed period

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