Home Technology Amazon soars as cloud revenue surge allays fears over ballooning AI bets

Amazon soars as cloud revenue surge allays fears over ballooning AI bets

Amazon soars as cloud revenue surge allays fears over ballooning AI bets

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Published: July 31, 2026 19:29:06 IST

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By Deborah Mary Sophia and Kanchana Chakravarty July 31 (Reuters) – Amazon shares surged nearly 14% on Friday after the tech giant's solid cloud sales growth reinforced investor confidence in its

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

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