Amazon’s AWS Growth and AI Investments Drive Stock Performance
Amazon's AWS division reported a 20.2% year-over-year sales increase, contributing to a 12% year-to-date rise in AMZN stock. The e-commerce giant's Q3 earnings surpassed expectations, pushing shares to an all-time high. A multi-year deal between AWS and OpenAI, valued in the billions, has further energized investors.
Despite lagging behind some big tech peers, Amazon's steady growth trajectory remains intact. The company has aggressively invested in AI, raising its 2025 capital expenditure forecast to $125 billion. CFO Brian Olsavsky signaled continued AI-focused spending increases into 2026.
Wall Street views AWS's performance as a potential inflection point, alleviating prior market share concerns. Amazon's consistent upward movement since April 2025's tariff uncertainties demonstrates resilience amid broader AI sector volatility.
