It's time to double down on the stock.

Amazon reported $200.6 billion in second-quarter revenue, up 20%, with AWS growing 37%, its fastest pace since the end of 2021.

Amazon has crossed a $3 trillion market cap for the first time, powered by AWS and AI, as cloud boss Matt Garman calls the AI opportunity ‘just massive’.

Amazon Web Services showed quarter-over-quarter growth that was 80% more than its prior largest increase, Amazon CEO Andy Jassy told investors on Thursday. The cloud business recorded $42.2 billion in revenue,

Amazon’s hot post-earnings run continued Monday, lifting the tech giant into the $3 trillion market cap club for the first time.

Chu said AWS has continued to invest in China since its entry into the local market in 2013, and is committed to helping Chinese enterprises expand their presence in overseas markets and enhance their competitiveness globally. AWS has already served nearly 80 percent of Chinese enterprises choosing to go abroad, he said.

Amazon's market value crossed the $3 trillion mark for the first time on Monday after investors rewarded the company for a stronger-than-expected earnings report that reinforced the view that artificial intelligence spending is beginning to generate meaningful returns through its cloud computing business.

Superblocks, the enterprise vibe-coding platform for generating internal AI applications, and Amazon Web Services (AWS), an Amazon.com, Inc. company (NASDAQ: AMZN), today announced a multi-year collaboration to make Superblocks' generative AI platform available within customers' AWS environments,

Amazon is rated a Sell as the rising capex and negative free cash flow offset strong AWS growth and backlog. Click here to read this AMZN stock update.

Amazon achieved a significant financial milestone, crossing three trillion dollars in market capitalization. This surge followed strong quarterly earnings and accelerating growth at Amazon Web Services.