Amazon.com shares are trading higher Monday as optimism builds around AWS-driven AI spending and a long-term cloud growth potential.

Amazon CEO Andy Jassy says AWS could eventually become a $1 trillion annual revenue business as AI accelerates cloud demand and long-term growth.

The bullish analyst response to Amazon's strong second-quarter earnings, led by Benchmark's $400 price target, shows confidence in growth.

Amazon shares rose sharply on Fridat after stronger-than-expected growth at its cloud business reinforced investor confidence in the company's AI investments. AWS posted its…

Amazon achieved a three trillion dollar market capitalisation for the first time. This milestone places the company among Wall Street's top giants. Renewed artificial…