๐ AMZN rips +14% midday โ AWS just logged its fastest cloud growth in 4.5 years
Amazon crushed Q2 estimates as AWS revenue surged 37% year-over-year โ blowing past the 31% analysts expected and marking its best growth in 18 quarters. Total revenue hit $200.6 billion (up 19.6% YoY) and EPS of $5.75 smashed expectations. CEO Andy Jassy announced capex will climb to $220 billion this year, all-in on AI infrastructure. Not financial advice. Are you adding $AMZN here at these levels, or waiting for the dust to settle?
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