Amazon Jumps On Solid AWS Growth And Profit, Even As Outlook Disappoints And Free Cash Flow Turns Negative

Amazon soars as cloud revenue surge allays fears over ballooning AI bets - The Economic Times

AWS posted 37% cloud growth with 2027 capacity fully booked, backing $220B capex. Investors now reward tangible AI ROI (AWS) not promises (Meta/Alphabet -7% despite growth), forcing CTOs to prove capex returns quarterly, not assume multi-year payoff.