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Amazon joins $3 trillion market-cap club, extending its post-$2 trillion run
The Apex Times

THE APEX TIMES

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Amazon outlines more AI investment momentum, helping shares rebound sharply
The Apex Times

THE APEX TIMES

Business / The Apex Times

Amazon outlines more AI investment momentum, helping shares rebound sharply

Amazon’s cloud business described an accelerating run-rate for a fifth straight quarter and pointed to a growing contracted backlog, while investors focused on how elevated capital spending tied to artificial intelligence would play out.

Aug 3, 11:09 AM EDT