Amazon Stock Jumps on Cloud Business Growth -- WSJ
Dow Jones2026/07/30 20:29By Heather Gillers
Amazon shares gained 8% in aftermarket trading following the company reporting significantly increased revenue from its cloud computing business--a bright spot for investors fretting about the scale of the artificial-intelligence buildout.
Sales by AWS, a major profit driver, grew 37% year-over-year, its fastest growth rate since 2022 in the company's first quarter results this year.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
July 30, 2026 16:29 ET (20:29 GMT)
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