Amazon surges 15% in best single-day gain in 14 years as AWS AI boom rewrites the playbook

Amazon surges 15% in best single-day gain in 14 years as AWS AI boom rewrites the playbook

AWS posted $42.2 billion revenue in Q2 with 37% YoY growth, fueling Amazon's 15.32% single-day surge—best in 14 years, $390 billion market gain. Amazon's $200 billion AI capex commitment signals cloud incumbents are consolidating AI infrastructure dominance, raising barriers for alternative compute stacks.