Amazon tops $3 trillion market cap after AWS-fueled earnings rally
What's new: AWS revenue hit $42.2 billion, and Amazon raised its 2026 capital spending outlook to $220 billion on AI demand.
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#Andy Jassy
Amazon jumps 10% after AWS growth hits 37%, capex rises to $220B
What's new: Amazon posted $200.61 billion in revenue and $5.75 a share in earnings, both ahead of Wall Street estimates.
Bloomberg, CNBC +1
Amazon lines up at least $25 billion bond sale to fund AI buildout
What's new: The company told underwriters it does not expect to issue additional debt in 2026 after this eight-part offering.
Amazon lifts India AI and cloud investment to $48 billion
What's new: The added $13 billion will expand AWS data centers in Mumbai and Hyderabad through 2030.