Amazon’s stock surged 12% after reporting earnings, adding $300 billion to market cap. AWS saw 20% sales growth, driving a year-to-date gain of 14%. Revenue hit $180.1 billion, beating estimates. Amazon plans to spend $125 billion on capital expenditures in 2025, up from $83 billion last year.

AWS’s rapid growth solidifies Amazon’s position in AI. Tech giants like Amazon are investing billions in capex, but monetization plans are unclear. Analyst Dan Ives believes Amazon’s strong performance reassures investors of its AI leadership.

Read more at Yahoo Finance: Amazon adds $300 billion in market value after blockbuster AWS earnings