Amazon shares soar 11% as AI boom fuels stellar growth in AWS cloud unit

Amazon shares surged more than 11% in early trading on Friday after strong growth at its cloud unit and a bullish sales outlook eased fears that the tech giant was falling behind rivals in the AI race.

Oct 31, 2025 - 18:00
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Amazon shares soar 11% as AI boom fuels stellar growth in AWS cloud unit
Amazon shares surged more than 11% in early trading on Friday after strong growth at its cloud unit and a bullish sales outlook eased fears that the tech giant was falling behind rivals in the AI race.

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