Amazon (AMZN) in our Pivotal Point Check: Record Quarter Thanks to AI Boom and AWS Acceleration - Bezos Plans $4 Billion Sale After Stock Surge!
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Revenue record: Amazon achieved a quarterly revenue of over $200 billion for the first time in the company's history. AWS boom: The cloud division grew by 37%, the fastest rate in 18 quarters, and significantly drives profit growth. Optimistic analysts: JPMorgan raised the price target to $365 following the strong results for the 2nd quarter. Amazon, the world's leading online retailer and cloud pioneer, caused a strong surge in US stock markets on July 31. After reporting the results for the 2nd quarter of 2026, the stock rose...
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